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