Business for Sale in Cromer, Norfolk - ART HOUSE CAFÉ – CROMER, NORTH NORFOLK - Leasehold: £49,950

Key Information

Ref
R33424E
Type
Catering Businesses: Cafes
Location
England: Norfolk
Tenure
Leasehold
Status
For Sale
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Cromer is a delightful North Norfolk seaside town which attracts visitors year round. The Art House Café sits opposite the town church in a small parade of shops which leads down to the pier and the sea. Light and airy, it attracts locals and holiday makers year round and is very popular with its unique selling point of being a contemporary art gallery as well as a café. The art gallery specialises in showing the work of East Anglian artists and art and craft work is taken on a sale or return basis with commission taken on sales.

THE BUSINESS ITSELF

Accounts show a comfortable turnover with the high G.P. you would expect from this type of business. Run by the vendor with one contracted staff member and part time staff on an as and when basis during holidays this is a profitable concern.

There are six art exhibitions a year and with income coming from commissions and from the café the cash flow is steady year round.

There is much scope for growth as the vendor shuts in the evening despite there being considerable footfall especially during the holidays. The menu is limited to cakes and scones and tea, coffee and soft drinks. There is currently no alcohol license. The vendor has recently started serving light lunches which is already having a positive impact on the bottom line and this aspect of the menu could easily be further enhanced. The hours could be extended into the evening and a tapas menu could be introduced, art talks, demonstrations, workshops etc for which there would be much demand as there is little currently available in Cromer.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The café benefits from having a crisp, white frontage which attracts people as it so well defined. It is light and airy and the art and craft work are shown in their best light. With 26 covers inside and tables and chairs to the front there is a feeling of space within. The café has built up a very loyal customer base which is enhanced during the season by the tourist trade.

Measuring some 600 sq. ft. the whole fits together comfortably. To the rear is the counter with fridges, two pot coffee machine (leased) and display counter.

Further back is a small kitchen with staff room, microwaves, freezers and storage behind. There is a customer w.c. also at the rear. The premises are presented in good order and need no work doing – a new owner can take over without further expenditure.

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