Leasehold Independent Coffee Shop Located in Leicester
Ratings # Facebook 4.6 / Google 4.6
Ref 2667

Location
This delightful Cafe Shop is located in Leicester. Situated within a prominent and highly visible trading position on Aylestone Road which is (1.4 miles) from the City Centre. The location couldn't be better, directly opposite the Leicester Tigers Rugby Stadium, Leicester College and The University of Leicester. Less than a mile away is Leicester City FC (King Power Stadium), the Royal Infirmary and Leicester Museum & Art Gallery. There are several other complimentary businesses on the same parade all of which bring high levels of footfall to the area.

Asking Price: £29,995 plus SAV (£1,000)

Business Description
Veritas Business Sales are privileged to offer to the market this respected Coffee Shop which is located in Leicester. The premises have been a café for over 20 years and were transformed into what you see today by our client back in May 2018. Reluctantly this is now being offered for sale due to her other business interests needing more attention.
Since ownership she has undertaken extensive refurbished and redecorated to include new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price. This is a huge plus for a new owner as additional funds will not be needed to be spent for some time. Kwik Bite is owner operated and employs the help of 1 part time staff member and for the period 1st August 2021 - 31st January 2022 they posted a turnover of £46,265 inclusive of vat. They have a fantastic reputation within the area for serving a fine range of cooked breakfasts, breakfast sandwiches, freshly cut cold sandwiches, toasted sandwiches, daily specials, jacket potatoes, specialist coffees, teas and cold drinks. All fayre is freshly prepared to order on the premises which can be enjoyed inside the attractive and welcoming premises or taken away. ~
We believe that there is further potential to increase revenue should you wish, by extending the current opening times. They have a strong reputation within the local community and beyond and enjoy a high level of regular and repeat trade along with an increase in revenue during match days (the only days they are open at weekends). There is also planning permission across the road for a new multistorey car park which will bring 100's of workmen/women to the area and as such will increase revenue daily once the footings are down! This is a superb opportunity to purchase a turnkey business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Friday - 07:30am - 2:30pm
Saturday & Sunday - Matchdays only

Leasehold
Term: 5 years
Remaining: ends 20th November 2026
Rent: £10,000 pa
Business Rates: zero

Ground Floor
Café comprising tables & chairs to cover (16), bespoke counters, mirror signage, Covid safety screens, till (Samsung ER290), patisserie chilled display server over counter, coffee machine (ECM Raffaello 2 Group), coffee ECM commercial grinder (Rancilio Classe 7), stainless steel handwash basin, cups, glassware, teapots, jugs and cutlery.
Kitchen comprising: fan oven, stainless steel sink unit, 2 x stainless steel wash basins, dual deep fat fryer, panini press, 1200W commercial microwave, 1000w commercial microwave (Sharp), combination oven (Merry chef EC501), 4 pot wet well bain-marie (Parry), electric griddle, 2m commercial extraction canopy, 3 filter extractor fan motor & ducting & fitting, stainless steel cladding in the kitchen, commercial single boiling ring, walk in refrigerator (Foster), upright freezer (Valera), 4 slice commercial toaster and insect zapper (Ultrakill).

Basement
Which is a large space for storing seasonal decorations and equipment etc.

First Floor
Hallway with stairs to first floor. Upstairs is currently being used for additional seating, however there is an option for the upstairs to be used as a 1 bedroom flat with fitted kitchen and bathroom with electric shower.
Council Tax Band A.
Room 1 (Living room) with 2 tables & 8 chairs.
Room 2 (Bedroom) with table & 4 chairs.
Kitchen with fitted units and stainless steel sink and various crockery & cutlery.
Ladies & gents W/C with wash basin and electric Shower.

The property benefits from electric storage heating, electric roller shutter to the frontage and an intruder alarm.

External
Rear courtyard with staff W/C and additional storage.
Frontage with external seating for (4).

EPC Rating D

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

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