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Restaurant/cafe for sale

£39,999

14 Cromwell Road, Loughborough LE12

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Property description

Business
Hilton Smythe welcomes to the market the very well presented Cromwell Road Coffee House. Established in 2006 the business has been successfully run by our clients since inception in 2008.

The cafe/coffee house is very well known in the area, being highly supported by local residents. The cafe serves a freshly prepared menu including breakfasts, paninis, jacket potatoes, salads, soups, hot and cold cobs, baguettes, tempting cakes and a good range of quality coffees.

Cromwell Road Coffee House is immaculately presented providing seating for 26 covers, including comfortable settees providing a relaxed atmosphere for customers. The kitchen is open plan with a high level of catering equipment all included in the sale.

According to the latest set of accounts the business reports turnover at a very healthy £51,000 per annum with 48 weeks trading.

The business often provides 35 breakfasts before 10am every Saturday and large orders for filled rolls from local businesses. Although very popular a new owner may consider the below options to further turnover.

Advertising and marketing campaign
Maximise the use of social media
Extend opening hours, the current owners are often asked about opening on a Sunday
Open as a bistro in the evenings
Apply for an alcohol licence
Outside catering particularly corporate i.E. Business buffets etc

Early viewing of this turn key and reputable business is highly recommended, with the business genuinely coming to the market as our clients look towards a well-deserved retirement.

Location
This busy cafe/coffee shop is located in the affluent village of Mountsorrell on the River Soar, just south of Loughborough, Leicestershire.

Cromwell Road Coffee House is ideally situated in a small but busy shopping parade in the centre of a densely-populated housing estate with mainly privately owned properties and from which the business derives much trade.

The nearest major road is the A6 connecting Loughborough and Leicester. The village is also served by a regular bus service and the nearest train station is at nearby Sileby with hourly services to Leicester and Nottingham.

Premises
This busy cafe/coffee shop is located in the affluent village of Mountsorrell on the River Soar, just south of Loughborough, Leicestershire.

Cromwell Road Coffee House is ideally situated in a small but busy shopping parade in the centre of a densely-populated housing estate with mainly privately owned properties and from which the business derives much trade.

The nearest major road is the A6 connecting Loughborough and Leicester. The village is also served by a regular bus service and the nearest train station is at nearby Sileby with hourly services to Leicester and Nottingham.

Tenure
We are advised leasehold.
The original lease length is 9 years
As of 2017,5 years remain on the lease
Rent is £4000 per annum

Hours
The business opens:-

Tuesday to Friday 9.00 – 15:30
Saturday: 9.00 – 15:00

Staff
The business is owner run and managed with the assistance of 2 casual members of staff.


Financial


Financial Profile
According to the latest set of accounts the business reports turnover at a very healthy £51,000 per annum with 48 weeks trading.

What Zoopla users think of Mountsorrel

Overall rating:

  • currently 4 stars
Very good - 81% (26 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Mountsorrel:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

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

  • Sileby (1.7 miles)
  • Barrow-upon-Soar (2.1 miles)
  • Syston (3.2 miles)
  • East Midlands Airport (10.9 miles)
  • Coventry Airport (28.0 miles)
  • Birmingham International Airport (31.3 miles)
  • West Lynn Ferry Landing (64.3 miles)
  • King's Lynn Ferry Landing (64.4 miles)
  • Hull Ferry Terminal (79.5 miles)

Nearby schools

View all schools in Charnwood
  • Christ Church & Saint Peter's Cofe Primary School (0.5 miles)
  • Rothley Church of England Primary School (1.2 miles)
  • Swithland St Leonard's Church of England Primary School (1.7 miles)
  • Groby Community College (5.7 miles)
  • King Edward VII Science and Sport College (7.6 miles)
  • Beauchamp College (9.6 miles)
  • Rawlins Academy (2.1 miles)
  • Humphrey Perkins School (2.5 miles)
  • The Cedars Academy (2.5 miles)
Note: Distances are straight line measurements

Local info for Charnwood

About the neighbours in LE12

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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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