£40,000

Restaurant for sale

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Under offer
Business

£40,000

Restaurant for sale

Kettering, England, United Kingdom NN16

Local area information

Property location

Nearby amenities

  • Youth Works Community College 0.4 miles
  • St Mary's Church of England Voluntary Aided Primary School 0.5 miles
  • Kettering 0.5 miles
  • Corby 6.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Business
Please quote reference B07014

Hilton Smythe is delighted to present to the market Gredsdely’s, an extremely well presented coffee shop business located within the heart of bustling Kettering.

The ‘turn’-key’ operation was opened by our clients in early 2021 who due to travelling distance from their family home are now looking to transfer the popular business.

Before opening the business, our client invested in the region of £50,000 in transforming the unit into the bright, contemporary unit you can see in the photographs attached.

The double fronted unit is very spacious with 36 internal (could be increased) and 8 outside covers.

The unit is disability friendly with excellent toilet facilities for all visitors.

Gredsdely’s is a modern coffee shop business serving


  • Excellent barista coffees, teas
  • Sumptuous hot chocolates
  • Iced coffees
  • Large selection of cold drinks, milkshakes & juices
  • Freshly cooked traditional breakfasts & breakfast rolls
  • Sandwiches, toasties & savoury pockets
  • Sausage rolls, savoury slices & turnovers (including vegan & gluten free options)
  • Cakes & desserts

The above menu has been created for both customers to enjoy inside or to takeaway. Our client has partnered with Just Eat to allow local office workers and residents to order online for quick and easy delivery.

We are advised currently the sales are split 90% walk in and 10% deliveries.

Key selling points


  • Desirable town centre location
  • Lots of opportunity for further growth
  • Excellent customer feedback
  • Just Eat - 5.8/6 review score
  • Google - 4.7/5 review score
  • Facebook - 5 star review score
  • Handover period offered

Very rarely do town centre coffee shops of this size come on to the open market and we therefore strongly advise early enquiry to avoid any disappointment.

Further growth opportunity


  • Increase the current menu
  • Add related retail items
  • Increase social media advertising
  • Add a new business website
  • Extend the opening hours
  • Apply for alcohol licence
  • Add evening bistro menu


Location
Gredsdely's Temptations Coffee Shop occupies one of Kettering’s most sought after trading positions facing the main entrance to the Newlands Shopping Centre.

The double fronted shop unit located on Gold Street is surrounded by major footfall drivers such as Vodafone, EE, hs Samuels, Boots & tui as well several successful independent retailers, estate agents.

Newlands Shopping Centre is Kettering’s main shopping arcade with an excellent array of High Street favourites, specialist shops, cafes and discount stores.

Kettering is a vibrant market and industrial town in North Northamptonshire, located 83 north of London and just 15 miles north-east of Northampton.

The business benefits from a large free customer car park directly facing.

Nearest mainline station is approx 10 minutes’ walk away.

Premises
The business is comprised of the following:

Ground floor


  • Customer sitting area (38 covers)
  • Open place service area
  • Customer toilet facilities
  • Rear preparation area
  • Storeroom
  • Staff changing facilities


Tenure
We are advised the business is being sold on a Leasehold basis with rolling Lease currently in place, the rent is £2,500 per month.

Hours
The business trading hours are:

Monday to Saturday - 09:00am - 17:00pm

Sunday - 10:00am - 16:00pm

Staff
The business is run and managed by 1 full time and 3 part time staff members.

Financial Profile
We are advised the business generated a turnover of circa £140,000 as of 2021/22, further financial information can be made available upon request.

Please quote reference B07014

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Hilton Smythe Business Sales. 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 Hilton Smythe Business Sales for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Northamptonshire
  4. Kettering
  5. Gold Street

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