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Retail premises for sale

£36,999

No 1 Diner, Middlesbrough TS3

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Property description

Business
Hilton Smythe welcomes to the market No 1 Diner, occupying a prominent trading position within this large industrial area. This family run cafe has seen year on year growth since opening in 1996 with our client taking over 2016.

The cafe offers hot and cold food to either eat in or take away such as home-made curries, pies, jacket potatoes and daily specials.

The cafe reports a good turnover of £78,000 with a gross profit at 65% for this financial year.

The open plan cafe caters for up to 23 covers and boasts a large fully equipped kitchen. Our client also offers a delivery service in the area. We believe the business has scope for growth, perhaps by offering an outside catering service or extending opening hours to increase turnover.

We highly recommend early viewing of this turn key business venture, which genuinely comes to the market as our client looks towards a well-deserved retirement.

Location
No 1 Diner is located in the large town of Middlesbrough in North Yorkshire.

The business is located within a thriving and well known commercial area of the town, surrounded by a plethora of service industries.

The business is ideally situated just off the heavily used commuter road A66 connecting the town to the A1(M) and national motorway network beyond. The business benefits from ample parking to the front for both owners’ and customers alike.

Premises
The main entrance to the cafe is from an open car parking area providing plenty of space for owner and customers alike.

The open plan cafe caters for up to 23 covers. To the right of the entrance is a toilet with wash basin and a separate store room. The serving area is to the right with a refrigerated serve over display unit and chest freezer for storage. This leads to the open plan kitchen area.

The open plan kitchen runs almost the full length of the cafe and is well equipped with:
•Oven with hob
•2 freezers
•Hot plate
•Fryer
•Toaster
•3 microwaves
•Grill
•Fridges
•Prep area with sink
•Extractor unit
•Under counter storage.

Tenure
We are advised leasehold.
The original lease length is 3 years
2 1/2 year remains on the lease.
Rent is £5150 per annum

Hours
The business opens: -

Monday to Friday 7.00am - 1.30pm
Saturday 7.00am - 11.30am
Sunday Closed

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

Financial Profile
The cafe reports a good turnover of £78,000 with a gross profit at 65% for this financial year.

What Zoopla users think of Middlesbrough

Overall rating:

  • currently 3.5 stars
Good - 66% (152 ratings)

Ratings breakdown:

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

Rate Middlesbrough:

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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

  • Middlesbrough (1.2 miles)
  • South Bank (1.4 miles)
  • James Cook University Hospital (1.5 miles)
  • Durham Tees Valley Airport (10.0 miles)
  • Newcastle Airport (37.6 miles)
  • Leeds Bradford International Airport (52.3 miles)
  • Transporter Bridge South Side (1.2 miles)
  • Transporter Bridge North Side (1.2 miles)
  • Newcastle International Ferry Terminal (30.6 miles)

Nearby schools

View all schools in Middlesbrough
  • North Ormesby Primary Academy (0.2 miles)
  • St Alphonsus' RC Primary School (0.3 miles)
  • Corpus Christi RC Primary School (0.7 miles)
  • River Tees High Academy (1.1 miles)
  • Endeavour Academy Durham (14.4 miles)
  • Durham Sixth Form Centre (20.5 miles)
  • River Tees Middle Academy (1.1 miles)
  • Unity City Academy (1.2 miles)
  • Saint Peter's Catholic Voluntary Academy (1.4 miles)
Note: Distances are straight line measurements

Local info for Middlesbrough

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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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