Restaurant/cafe for sale in Northampton, England, United Kingdom NN2, £429,995

429,995.00

Offer Nr.:
65037841
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_***Leasehold price - £95, 000+sav***_
_Please quote reference B07338_
Hilton Smythe are delighted to welcome to the market Sofra, an authentic
Mediterranean Pizza and Wine restaurant in Northampton.
Sofra was established by our client in August 2022, building up an excellent
reputation during its short time of trading. As seen by the online ratings and
reviews, the business is extremely popular within the local area.
The business has now come to the open market due to our clients desire to
relocate.
Sofra specialise in delicious stonebaked pizzas featuring fresh ingredients,
using locally sourced ingredients and baked to perfection with their wood fire
pizza oven. They've also carefully selected a delicious range of wines to
compliment the food.
Their restaurant has the perfect environment for large party bookings and can
accommodate any special occasions or events.
They also offer a delivery service through Just Eat and Deliveroo.
Key selling points -
* Repeat custom
* Excellent reviews
* Alcohol licensed
* High foot fall location
* Would suit a partnership or family run business
Scope to improve -
* Increase marketing and advertising
* Expand menu
_Location_
Sofra is located on Harborough Rd, in Kingsthorpe, Northampton.
The premises has the entrance to the restaurant at the front with modern and
bespoke signage and receives high levels of footfall and passing trade.
_Premises_
Ground floor -
* Seating area
* 50 covers
* Bespoke décor and lighting
* External garden area
* Service area
First floor -
* 2 Bed flat currently rented out generating an income of £10, 800 per annum (Seperate entrance to the rear of the business)
_Tenure_
We are advised that the business is being sold on a Freehold basis. A
leasehold option is available at £95, 000+sav, with a mutually acceptable lease
to be negotiated with the new buyer. Minimum of 5 years.
The 2 bed flat on the first floor generates an annual rental income of
£10, 800.
_Hours_
The current trading hours are -
Monday – 09: 00 – 22: 00
Tuesday - 09: 00 – 22: 00
Wednesday – 09: 00 – 22: 00
Thursday - 09: 00 – 22: 00
Friday – 09: 00 – 22: 00
Saturday - 09: 00 – 22: 00
Sunday – 10: 00 – 22: 00
_Staff_
We are advised that the business is run and managed by the owners, with the
help of 4 full - time and 1 part - time staff members.
_Financial Profile_
Further financials can be made available upon request.

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