Buy a business

Cafe In North Staffordshire Town Centre Location

Newcastle, Staffordshire

Advert ref: 1011rd

Long established and well known, this busy cafe is located in the bustling, thriving town of Newcastle Under Lyme, north Staffordshire. Occupying a position close to the bus station, on Hassle Street in the town centre, it attracts regular customers and passing trade.

Specialising in serving traditional breakfast, sandwiches, lunches and beverages, with specials on a daily basis.

Key features:

  • Long established

  • Outstanding trading position

  • Well presented and equipped

  • Well known with excellent reputation

  • Genuine potential for further development

  • Seating for 32 indoor, with additional outdoor space

  • Owners discretionary income £34k

Property Details: Leasehold
Asking Price: £39,500 + SAV (Leasehold)
Turnover: £88,000 Annual
Location:

Newcastle Under Lyme is a busy, thriving town centre area of Stoke on Trent, North Staffordshire. Located less than one minutes walk from the bus station, offering extensive passing trade. The business occupies a prominent and enviable trading position.


Premises Details:

Well equipped, comfortable & in good decorative order.


Lease Terms:
Current rent is £15k per year. The current lease runs until 2025.


Reason For Selling:
Following 22 years of successful trading, the vendors are reluctantly placing the business on the market due to a change in personal circumstances.


Cafe In North Staffordshire Town Centre Location Newcastle, Staffordshire

Financial Details

  • Leasehold: £39,500 + SAV
  • Turnover: £88,000 Annual
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