No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£10,000 | 524 sq ft
Added > 14 days

Cafe for sale

London Road North, Lowestoft
Save
Cafe
0 bed
0 bath
524 sq ft / 49 sq m

Property description & features

  • Highly regarded vegan cafe/deli with excellent reputation.
  • 5 star online reviews and huge potential to grow.
  • Opportunities to grow the business including extended opening hours, outside catering, online deliveries and expanding product range.
  • Situated in a prime position on London Road North, one of the busiest shopping areas in Lowestoft.
  • £4740pa rent payable.
  • Current lease running until July 2025.
  • Sales figures since opening are available upon request.
  • All fixtures and fittings included in sale. Full list to be provided.
  • Newly refurbished unit with high end commercial catering equipment.
  • Option to expand premises into the unit next door.
Leasehold - Highly popular vegan cafe/deli with fantastic local reputation, available to purchase in the centre of Lowestoft, on London Road North.

The Salty Crow, Lowestoft - Paul Hubbard Commercial are delighted to present this highly popular vegan cafe and deli business in Lowestoft town centre.

The business is located at 127 London Road North, a property which received nationwide coverage in 2021 following a visit from world famous street artist Banksy, and is now available to purchase due to a change in circumstances for the owner.

The current lease runs until July 31st 2025 with an annual rent of £4740, which is incredibly reasonable for such a well positioned unit on the main High Street in Lowestoft. The lease is renewable, and it's likely the landlord would grant a new lease to the new owner.

As well as serving a large array of freshly prepared foods such as sandwiches, bagels, sausage rolls, cakes, soups, smoothies and ice creams, The Salty Crow also offers a wide selection of plant based products for customers to take home and stock up their fridges and pantries with.

Due to other work commitments, the cafe and deli has operated on limited hours since it opened last year. They are currently open on Thursday, Friday and Saturday between 10am and 4pm, so there is huge scope and demand to open for longer hours and extra days.

There is huge potential to grow the business and it is with a heavy heart that the owner is looking to sell.

As well as extended opening hours, there is also the opportunity to take on more outside catering at local events, pop ups, and partnerships with local pubs, restaurants and businesses. There is also a small commercial unit next door which will soon become available, so if the new owner wanted to expand straight away there is the option to do so.

Expanding the product range and offering delivery services is another way the new owner could see immediate growth, so there is lots of potential to build on the fantastic foundations this business has to offer.

In terms of staffing, the business could operate successfully with 2x full time members of staff with the occasional support from a part time member during busier periods. Sales figures for the first year of trading are also available upon request.

Property information from this agent

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    We are a well-established estate agency who look to offer a fresh approach within an exciting property market. With a strong team of experienced professionals, Paul Hubbard Estate Agents is a one stop shop. We offer Residential and commercial sales along with Residential and commercial lettings, providing you with a bespoke service catered to your needs. Paul Hubbard Estate Agents is an agency which is regulated by the national association of estate agents to ensure that, at all times, we are professional, honest and accountable so that we can provide you with an individual tailored service with the utmost integrity.

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    Property reference 32559700. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Hubbard Estate Agents - Lowestoft.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 27, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 27, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.