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Restaurant/cafe for sale

£24,950

Unit 29 Sugar Mill, Leeds LS11

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Property description

Business
Hilton Smythe welcomes to the market Taste Cafe. This family run business has been owned by our client since March 2016 (the cafe had been in existence for 5 years previously) and is now reluctantly selling for family reasons.

The cafe and sandwich bar is a very busy and attractive cafe and takeaway selling hot and cold sandwiches, paninis, hot and cold drinks, specials, breakfasts, toasties, burgers, wraps, jacket potatoes, pastries and soups to take out or to eat in.

A spacious cafe area that accommodates 44 covers on tables, chairs and settees.

It has a 4* food hygiene rating and is very clean and tidy.

There is a large office and business captive customer base within the Sugar Mill complex.
The business will expand with the addition of new tenants in the complex as it grows and develops.

It would also increase by marketing, deliveries and outside catering.

Furthermore, profitability will increase with the saving of staff costs if the buyer is “hands on”. Unfortunately, our client cannot devote all her time and attention to the business at present and has to employ additional staff.

The premise has been refurbished at considerable cost by our client to a very high standard.

The business boasts a great reputation with many repeat customers.

This is a good and prosperous business with a large captive customer base, low overheads and weekday opening only.

Taste Cafe is marketed at a reduced and sensible price for an early sale.

Location
This large cafe and sandwich bar is located at Sugar Mill Park in Beeston, approximately 3 miles to the south of Leeds city centre.

The business is on the ground floor of a large former mill recently refurbished to become a business park at a cost in excess of £1 million creating modern office and training accommodation.

We understand that occupancy of the offices is over 80% of the 80+ units available.
Some of the units have training facilities on site.

Being within the complex, the business attracts a large percentage of the office workers and guests wanting either a sit-down meal or to take away.

In addition, with the assistance of good clear signage on the premises and on the road outside the complex, passing trade is drawn to the business.

There is generous free parking to the front in the former mill yard.

We understand that the number of units and parking areas will shortly be increased.

Premises
This large cafe and sandwich bar is located at Sugar Mill Park in Beeston, approximately 3 miles to the south of Leeds city centre.

The business is on the ground floor of a large former mill recently refurbished to become a business park at a cost in excess of £1 million creating modern office and training accommodation.

We understand that occupancy of the offices is over 80% of the 80+ units available.
Some of the units have training facilities on site.

Being within the complex, the business attracts a large percentage of the office workers and guests wanting either a sit-down meal or to take away.

In addition, with the assistance of good clear signage on the premises and on the road outside the complex, passing trade is drawn to the business.

There is generous free parking to the front in the former mill yard.

We understand that the number of units and parking areas will shortly be increased.

Tenure
We are advised that the premises are of leasehold tenure.

Under a 7 year Lease of which 5 years remain, as of 2017.

Rent of £332.80 per month including electricity.

Hours
Monday to Friday: 7.30 to 3
Saturday and Sunday: Closed

Staff
The owner runs the business with the assistance of family and friends.

Staff costs are approximately £260 per week.

Financial Profile
We are advised that the current turnover is approximately £55,000; with a gross profit of 65%.

The property is exempt from the payment of business rates.

Electric costs are included in the rent.

The business carries about £1,000 stock.

What Zoopla users think of Beeston

Overall rating:

  • currently 3 stars
Good - 65% (67 ratings)

Ratings breakdown:

  • currently 3 stars
Community & safety
  • currently 2.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Beeston:

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Cottingley (1.1 miles)
  • Morley (1.7 miles)
  • Leeds (2.0 miles)
  • Leeds Bradford International Airport (8.0 miles)
  • Robin Hood Airport (30.5 miles)
  • Manchester International Airport (40.9 miles)
  • Hull Ferry Terminal (52.7 miles)
  • Heysham Ferry Terminal (58.1 miles)
  • Transporter Bridge South Side (58.1 miles)

Nearby schools

View all schools in Leeds
  • St Anthony's Catholic Primary School, Beeston (0.4 miles)
  • Hugh Gaitskell Primary School (0.4 miles)
  • Park View Primary Academy (0.6 miles)
  • Elliott Hudson College (0.7 miles)
  • New College Pontefract (10.9 miles)
  • Shelley College (12.8 miles)
  • Cockburn School (0.5 miles)
  • South Leeds Academy (1.0 mile)
  • The Elland Academy (1.2 miles)
Note: Distances are straight line measurements

Local info for Leeds

About the neighbours in LS11

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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