The Old Bell Cafe, Bashful Alley, Lancaster, LA1 1LF
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- SECTOR
Cafe for sale
Key features
- Popular café with excellent reviews
- Extremely densely populated area
- Busy town centre with high footfall
- Rare opportunity
- Fully furnished & operating cafe
- Weekly turnover c. £3,790. Energy Rating TBC
- Christie & Co Ref: 5613566
Description
A café with a popular customer base and 5-star reviews, this popular café is a turnkey opportunity with plenty of growth potential.
This cafe has the potential to increase online turnover, for deliveries as well as orders for collection for cakes, picnics and afternoon teas. The licensed café could also be ideal as an evening Bistro and Café Bar.
This well-established business in the heart of Lancaster, and has been trading successfully for over 50 years and the current owners have been trading for almost 14 years and are now looking to enjoy a well-earned retirement and relocation.
This cafe occupies a prominent position along Bashful Alley, Lancaster. Bashful Alley is in a busy city centre, right in the heart of Lancaster amongst the main shopping area. The busy shops around, compliment the business ensuring a high amount of footfall. This site also benefits from being situated within a densely populated business area.
Extremely popular tourist destination, Lancaster is steeped in history, the city is home to one of the most recognisable landmarks in the UK, including the majestic Lancaster Castle and the famous Lancaster University.
A fully functioning café. Toilets on first floor. Excellent indoor and outdoor seating area.
Fixtures & FittingsWe have been advised that the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory. We are advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.
The OpportunityThe café is presented and decorated to a high standard and serves many regular shopper’s and customers from local businesses alike, whilst also being used by tourists visiting the city. Our client has reluctantly decided to sell the cafe, due to relocation and retirement. This gives a rare chance to acquire a site with clear potential to increase turnover. Opening hours could be extended and possibly opening on Mondays when the site is currently closed. This café is internally and externally in good condition and requires no immediate investment.
The Old Bell presents an excellent opportunity for an owner-operator to take over a long-established business which has been operated by our clients for the past 14 years. With an excellent reputation with a consistent stream of repeat as well as new customers, the current owners leave behind a solid foundation for an incoming operator to build on. Its enviable location means it appeals to a variety of clientele and benefits from year-round trade.
We have been advised the café has an adjusted weekly turnover of £3,790 per week.
Approximate Gross Profit of 69% pa.
Monday: Closed
Tuesday: 9am - 3pm
Wednesday to Friday: 8:30am - 3pm
Saturday: 8am - 4pm
Sunday: 9am - 3pm
Leasehold
The property is held leasehold, with a passing rent of £10,400 per annum. A copy of the lease can be made available to seriously interested parties on request.
The current owners have advised that they benefit from 100% discount for small business relief.
Purchasers however should make their own enquiries with the relevant local authority
Energy Performance Certificates
EPC 1Brochures
The Old Bell Cafe, Bashful Alley, Lancaster, LA1 1LF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lancaster Station0.2 miles
- Bare Lane Station2.3 miles
- Morecambe Station3.1 miles
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Notes
Disclaimer - Property reference 5613566-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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