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Busy Café At Prime Corner Location In Sheffield For Sale

Sheffield, South Yorkshire, UK
Asking Price:
£49,950 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

A once in a lifetime opportunity to own Vittles café which is one of Sheffield's oldest and busiest cafes located in Broomhill, Sheffield and close to major hospitals, universities within an area where there is currently a new housing explosion.
Seating an upper limit of 30 covers inside and 10 covers outside, the café is frequented by students, work persons, hospital visitors and locals serving breakfasts and lunches over just five days with an opening time of approx. 5 hours per day for approx. 40 weeks per annum generating a decent profit from just these limited opening hours.
Currently licenced for the sale of alcohol but this is under used. The lease does allow any owner to trade from 08.30am to 11pm daily, seven days a week so there is scope for further huge expansion of the business and turnover should the new owners wish. Held on a long lease which is fully protected this café offers a great opportunity for new owners to either run the business comfortably as is, or build upon the 30 years plus of trading to take the business onto another level.

For more information, please contact us by using the form below. We would be pleased to show you around.

Property Information

Property:

Leasehold

Lease Terms:

It is a 12 year lease of which 3 remains but the lease is fully protected for the tenant, which means if the tennant wishes he/she can trigger a clause in the lease to renew the lease so it starts again at 12 years, no ifs or buts. There is also the opportunity to renegotiate the lease for the new owner.

Leasehold Rent:

£15,500 per annum

Location:

Vittles is located on the main street in Broomhill, Sheffield on the corner of Glossop Road and Fulwood Road

Premises Details:

Pavement seating area for 10 covers, interior is 30 covers. There is a seperate Kitchen, Store and Customer and Employee toilets.

Business Operation

Expansion Potential:

The expansion potential is without doubt there and it would be up to the new owners to identify the opportunities as they would be ideally placed to do this for themselves and for their own benefit.
However would suit a self starting chef or owner to take the business further.

Competition / Market:

There is always competition but we have been here for over 30 years and have seen numerous new cafes come and ultimately go. We have not been affected too much by the competition, we just do our job as well as we can.

Reasons for selling:

New horizons beckon. There is no ulterior motive.

Trading hours:

Current. Trading hours are:
10am to 3.30pm Weds and Thurs
10am to 4pm Friday
09.30am to 5pm Saturday
10.30am to 4pm Sunday

Kitchen closes 30 minutes before advertised closing times.

Employees:
No real employees but we have five young ladies helping out over the weekend.
Years established:
32 years minimum.

Other Information

Support & training:

Prospective buyer will be trained to a good standard before any sale but only on the basis the sale has been agreed and the sale is progressing to completion.

Furniture / Fixtures value:
£18,000 - included in the asking price
Website:
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