Restaurant for sale

Cafe & Sandwich Bars YO25, East Yorkshire

Freehold cafe business and apartment in Driffield for Sale.

Highly sought after location in the centre of Driffield Market Place. The location will undoubtedly be of interest to national retailers seeking prime A1 retail premises, commercial property landlord investors seeking a good annual rental return, or cafe, restaurant or bar owners looking for freehold premises to operate from.

The location - Driffield, in the East Riding of Yorkshire is an attractive, historic market town with a bustling and vibrant shopping and eating out culture. Independently owned boutiques, craft and gift shops and artisanal food stores and bakeries attract thousands of visitors to its charming streets and markets. The street is closed to vehicles on market day and the many special events during the year, attracting visitors and tourists from far and wide. This vibrant shopping scene is complemented by a selection of cafes, pubs, and restaurants, where visitors can relax and enjoy some good food.

The business - Annual Turnover £140,425. A family run, fully licensed cafe, spaciously arranged to seat 40 or more customers. Being a family run retirement sale, there is no tupe employment law requirement to inherit any staff should the going concern be part of the overall sale. The business currently operates on a low-key basis trading just five to six hours a day Monday to Saturday, leaving huge potential for ambitious new owners. The business benefits from an alcohol licence permitting trade seven days a week from 10am to 11.30pm, currently unused by the owner and offering scope to increase turnover.

The property - The property is entirely suitable for any other retail, professional or office uses. The first-floor apartment has its own private access via ground floor entry door and internal staircase. It has residential approval and is self-contained with fitted kitchen, bathroom, large living room and one double bedroom. The apartment is in very good condition and has recently been re-carpeted. The apartment is not currently let but has the potential to be let on a tenancy agreement with an expected monthly rental in excess of £500. Alternatively, the first floor could be adapted to provide office space or additional storage space for the ground floor operation. The property comprises ground floor, fully fitted and equipped cafe bar of approximately 965 sq ft (89.49 sq m). Service counter, catering kitchen, ladies, gents and disabled persons WC. First floor self-contained apartment of approximately 680 sq ft (63.19 sq m). Rear service yard with parking space.