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Property Listing Details

Features

  • Leasehold
  • Excellent shopping centre location
  • Weekly turnover approx. £1,500 – 1,800
  • Permission for extended hours until 11.00pm
  • Viewing highly recommended

Listing view statistics

Last 30 days: 93 page views

Since listed: 206 page views

Description

Reference - 45759

Desription
This is a superb opportunity to purchase a well established and profitable cafe with excellent potential for sustained and future growth within Morley, a small market town in Leeds.

This fantastic cafe with 40 covers is located in one of the main shopping centres in the very heart of Morley, and within a large number of mainstream businesses and other smaller independent retailers and with plenty of parking.

The business has previously had a licence but the vendor let this lapse. However there would be no issue for new owners to obtain a new one.

Having successfully operated in the town and under current ownership for the last 18 years, this business has become very highly renowned and earned itself an excellent reputation for offering the best quality and finest hot and cold meals, teas, coffees, cakes and biscuits within the area to the local community and to the high number of footfall and passing trade from people visiting the town as well as the high number of residents. These services always come with a warm, friendly and a very local smile. The business therefore enjoys an extensive and loyal customer base attracting repeat trade from the immediate vicinity as well as neighbouring villages and towns and high number of visitors to the area.

The business operates from highly visible corner premises, which is presented to an excellent standard, with a fully equipped kitchen plus an excellent range of fixtures and fittings to go with the sale.

Frankie’s is a thriving and lucrative business operated by the owners with 3 part time members of staff. The business operates 7 days of the week. The business also offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic business person, couple or family that have the opportunity to extend and add to the menu already on offer at this excellent cafe and with the additional of extra opening hours or delivery
Service. These enhancements will undoubted

Sales
Weekly Turnover – approx. £1,500 – 1,800

Accounts
Accounts available upon request

Trading Hours
Monday – Sunday 8.30am – 3.30pm

Staff
Operated by the owner and 3 part time members of staff

Building External
Highly visible, corner property occupying a prominent trading position.

Building Internal
Upon entrance to this unique business you find a well lit and traditional 40 cover cafe with the
main kitchen to the rear.

Residential Accommodation
No accommodation

Tenure
We are advised that the business comes to market as a Leasehold business. Annual rent is £14,000 and is on a 10 year lease with remaining 8 years left.

We have been unable to check this information and advise prospective purchasers to consult their
own solicitor for verification.

Summary
A fantastic opportunity to, purchase a highly profitable business with terrific potential for future
growth and improvement. Viewing is highly recommended.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Seven Hills Primary School 0.2 miles
  • The Morley Academy 0.4 miles
  • Morley 0.5 miles
  • Cottingley 1.6 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.