Restaurant/cafe for sale in Luton, England, United Kingdom LU1, £165,000

165,000.00

Offer Nr.:
65891789
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B07581_
Hilton Smythe are delighted to welcome to the market The Corner Bakery Cafe, a
highly rated bakery and coffee shop opportunity in Luton.
This highly rated business opportunity was first established in 2014, with our
client taking over in April 2023. The business has built up an excellent
reputation and repeat client base within the local area.
The Corner Bakery Cafe has now come to the market due to our clients desire
for a change of direction.
The Corner Bakery Cafe is a bakery and coffee shop that sells a range of
delicious products including;
* Breads
* Cakes
* Filled rolls
* Pizzas
* Hot food (burgers and hotdogs)
* Waffles and crepes
* Pastries
* Hot and cold drinks
* Ice Cream
* Desserts
* Polish specialties
Key selling points -
* A well established business with an enviable reputation and many regular customers
* Current owner would be happy to offer a handover to ensure the continued success
* Ideal owner managed or partnership business
* Prime trading position with lots of footfall
* Lots of new build residential properties which will increase turnover significantly
Scope for further growth -
* Advertising and Marketing campaign. A local leaflet drop usually yields good results
* Maximise the use of social media
* Update the existing website
* Start a sandwich round delivering to local businesses at lunchtimes
* Introduce a delivery service, there is real demand
_Location_
The Corner Bakery Cafe is located on Dallow Road, in the town centre of Luton.
The business occupies a prominent corner position and is beautifully presented
with clear visible signage, receiving high levels of footfall and passing
trade.
_Premises_
The business occupies the ground floor of a brick built property ideally
suited to the trade and briefly comprising;
Bakery and coffee shop area -
* Beautifully presented and maintained with wood effect flooring.
* Tables and chairs for 8 covers inside and potential of 8 more outside.
* Counter with twin gateau displays and coffee preparation area behind.
* Twin slush machine, Ice cream machine, coffee machine and grinder.
Kitchen -
* Separate kitchen, comprehensively equipped with 3 deck bread and pizza oven where all their products are baked (bread, rolls cakes). Doughnut fryer
Dry goods/Freezer room -
* Ample storage space and fridges
* 2 other useful store rooms
_Tenure_
We are advised that the business is being sold on a Leasehold basis, currently
on a 3 year lease. The rent is £1, 200 per month.
_Hours_
The current trading hours are -
Monday to Friday - 5: 00am - 7: 00pm
Saturday - 8: 00am - 5: 00pm
Sunday - 10: 00am - 5: 00pm
_Staff_
We are advised that the business is run and managed by the owner, with the
help of 2 full - time and 2 part - time members of staff.
_Financial Profile_
Further financials can be made available upon request.

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