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Restaurant/cafe for sale

£15,000 Offers over

Demon Cafe And Takeaway, 46B Seafield Road, Inverness IV1

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Property description

Description


Demon Cafe and Takeaway is a modern and popular unlicensed venue in a most prominent situation within a busy industrial and retail area of Inverness. With excellent signage, this successful business operates as a quality cafe establishment providing an appealing and broad selection of menu items including a wide choice of hot and cold drinks. The popular variety of snack foods and beverages are produced at a consistently high level with the vast majority of items being made on the premises. The current owners generally operate the business under management but new owners could easily take a leading role with a more 'hands-on' contribution which would undoubtedly make the business more profitable.

The business is set within a modern building and offers a wide range of service and kitchen equipment. The customer facilities provide a high degree of quality and comfort, offering a warm friendly ambience. The ingoing premium is to purchase the trading assets including catering equipment and a delivery van.


Reason for sale


The current proprietors have taken great pride in developing the business to its present trading position. It is due to the vendors desire to reduce their business activities that they have decided to present this opportunity to the market.


Trade


The cafe income is generated from a wide and varied customer base. The popularity of the cafe within the local business community is such that it operates year-round. There is undoubted scope to expand the current business trading hours and to possibly seek permission to have a license. The business operates to a high level of turnover with the key reasons for successes being the simple business-model but also its high standards of food production and service levels. These facets coupled with a high quality provision make the cafe an interesting and relaxing venue. Full trading figures will be provided to interested parties after formal viewing.


Location


Demon Cafe is situated on one of the main industrial and retail areas of Inverness. Situated close to the A82 and A9, Seafield Road has a number of leading industrial retail units which are popular with both trade and private customers. The area has a high level of passing trade. The area is but a few minutes drive from Inverness city centre where a wide range of services and facilities are available. Inverness has extensive facilities boasting two golf courses, an excellent indoor swimming complex, cinema, bowling and ample opportunity to enjoy evening entertainment at a range of venues which include Eden Court Theatre. Inverness is a vibrant and growing City and with such expansion comes many opportunities in both commerce and social activities. Such growth benefits established businesses and ensure a year-round trade.


The property


This single storey property was built circa 1990s and benefits from double glazing. The premises are fully compliant with Environmental Health and Fire Regulations. The business benefits from excellent roadside signage.


Public areas


The cafe is fronted by ample car parking with street level access. There is a double door entrance to the cafe and a ramp access. The entrance leads into an open plan customer service area with some 40 bistro style chairs and tables plus 2 sofas. The main service counter is arranged to the centre of the restaurant and the present operation is a counter service but the availability of space could offer flexible operation options including self-service style which makes for the swift provision of food and refreshments.

The décor and furnishings reflect modern standards and means that any new owner would not need to incur significant capital expenditure over the next few years. The cafe has a vibrant atmosphere, facilitating a pleasant environment appreciated by customers and staff alike. The business has modern and well-appointed male and female washrooms.


Service areas


Immediately to the rear of the customer service counter is an exceptionally well-appointed kitchen with a high level of equipment support. This spacious facility provides an excellent food preparation space. There is also a large open-plan food preparation and storage area to the rear of the subjects. This large space has a number of sinks, racking, walk-in chiller and work surfaces. Off this area is a wide corridor with its rear entrance, affording ease of delivery of goods etc. The business benefits from a staff room and staff W.C.


Websites


Demon Cafe does not trade with the benefit of a website.


Services


Mains electricity, gas, water and drainage. There is a pellet heater in the main cafe with electric panel heaters in other areas. The current utilities are shared between Harry Gows and a leased office; Demon Catering currently absorbs 75% of the electricity costs.


Trade


Full accounting information will be made available to seriously interested parties subsequent to viewing.


Opening hours


Mon - Fri: 7 a.M. To 3:00 p.M. Sat: 7 a.M. To 2:00 p.M. Closed Sunday. Open all year.


Business development


The vendors accept that they have not driven the cafe and takeaway business as much as others may do due to focusing on their other business activities and having to deal with illness. They firmly believe that a 'hands-on' operator would be suited to taking the business to the next level developing all aspects of trade. The inclusion of web-marketing and other marketing platforms would help develop the trading aspects considerably. The business trading premises affords a high degree of flexibility be it to develop the trading model, increase customer areas or to enhance the outdoor / delivery aspects.


Lease details


Capital Premium: £15,000 Offers Over
Rent: £25,000 p.A.
Rent Payments: Quarterly in advance
Rent Reviews: Every 5 years in line with rpi
Lease Duration: 10 Years
Lease Type: Full Repairing and Insuring; lessee bears the cost of Insurance
Entry Details: Condition survey to be carried out by tenant
Stock at Cost: Payable with 28 Days
Entry Date: As Agreed

Property info

What Zoopla users think of Inverness

Overall rating:

  • currently 4 stars
Very good - 76% (116 ratings)

Ratings breakdown:

  • currently 4 stars
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  • currently 3.5 stars
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  • currently 4 stars
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  • currently 4 stars
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  • currently 4 stars
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  • currently 3.5 stars
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Nearby transport

  • Inverness (0.6 miles)
  • Muir of Ord (9.4 miles)
  • Beauly (9.6 miles)
  • Inverness Airport (7.2 miles)
  • Aberdeen Airport (77.8 miles)
  • Oban Airport (83.8 miles)
  • Inverness Loch Ness Ferry Landing (7.0 miles)
  • Invergordon Port Ferry Terminal (13.8 miles)
  • Cromarty Ferry Terminal (15.0 miles)

Nearby schools

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  • Crown Primary School (0.8 miles)
  • Raigmore Primary School (0.9 miles)
  • Merkinch Primary School (0.9 miles)
  • Millburn Academy (0.6 miles)
  • Inverness High School (1.2 miles)
  • Charleston Academy (2.0 miles)
  • Drummond School (2.2 miles)
  • Black Isle Education Centre (8.2 miles)
  • Moray Firth School (9.3 miles)
Note: Distances are straight line measurements

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by ASG Commercial, and do not constitute property particulars. Please contact ASG 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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