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Ref: LE000920
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Leasehold Business £75,000
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Pennygarth Cafe DL8 3RD
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Hawes, North Yorkshire, United Kingdom
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Status: Available Now
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Leasehold Cafe/ Tearoom. Excellent Trading Position. Busy Tourist Market Town. Indoor Dining Area. Outdoor Tables Area. Spacious Well Equipped Kitchen. Good standard Of Decoration & Fittings. New 5 Year Lease. Excellent Turnover & Profit. VAT Registered. Excellent Business Opportunity.
This well run premises is a destination venue for thousands of tourists to the Yorkshire Dales. The cafe is in the heart of the market place of this popular Dales town with 5 Major tourist roads converging in Hawes and it is the natural watering hole for passing tourists, motorcyclists, walkers and cyclists. The regular local trade is also thriving.
The owners have developed the business from scratch, starting in 2001. The decor, equipment, fixtures and fittings are now all to a good standard. Turnover is in excess of £100,000, with healthy adjusted net profits around £45,000. This is achieved by a husband/wife team and a small amount of casual weekend/peak season labour. They are now ready to move to a new challenge outside the area and are pleased to offer their business for sale.
A new favourable lease has been agreed with the landlords for the next 5 years at a rent of £225.00/ week.
A thriving business doing good profits in a lovely part of the world, with lovely customers. Scope to increase by extending opening hours into early evening.
Well worth an inspection.
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