Ref 6735 – Leasehold Sub Let Cafe/Takeaway Blacks Brokers are pleased to bring to the market this leasehold sub let café/takeaway located in a busy area of Derby, Derbyshire. Introduction
Snack Box Derby has been trading on Normanton Road for over twenty years with our client taking ownership in 2017. The café is well known and has a great reputation in the area with a large base of regular customers and excellent reviews noted on Google, Just Eat and Facebook. The business is the only online one in the area offering halal menu choices. Our client has established strong partnerships with Just Eat and Deliveroo as well as introducing a comprehensive website with ordering system in place. Location
The business is positioned on a busy main road close to large multiples including Lidl and Poundworld as well as a range of independent retailers within this popular shopping parade. The area is well linked by the M1, A38 and A52 with good public transport links and free parking in the immediate vicinity. Reason for sale
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level. Lease
The building is available on a sub let on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 25 years and began in 2017 at a cost of £200 per week. Building layout and design
Snack Box Derby operates from the ground floor of a spacious, mid terraced property within a busy parade of shops and other local businesses. The business is well branded with large signage displayed above a fully glazed frontage. Inside, the main café area offers seating for up to thirty and is presented beautifully throughout with tiled flooring and modern decor. The servery is positioned to the rear and fully equipped kitchen behind. The kitchen is fitted with a range of excellent equipment including two Foster industrial fridges, commercial oven, pizza oven, double fryer and much more There are also toilet facilities and a basement floor used for storage. The first floor is currently unoccupied and is not included in the sub lease, however we are advised it could be available for an additional cost if required. Staff
The business is currently operating with four members of staff in employment supporting our client working on a full time basis in a hands on role. Financial details
Snack Box Derby is well known and has a long trading history. We are advised that the business currently has annual turnover of £156,000 with gross profit of £80,000. At present the split of takeaways and deliveries is around 50:50. Full financial details are available after viewing. Summary
This leasehold business occupies a superb trading position on a busy main road. There is plenty of scope to develop the business further with a strong marketing drive and possibly an extension or change of menu. New opening hours to include evenings and late nights could also be beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £59,950.
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