Summary - 413 413 Leasehold Vape Store & Dessert Cafe, Mansfield Road, Nottingham, Nottinghamshire, NG1 3FN NG1 3FN
1 bed 1 bath Cafe
High-footfall, student-focused venue ready for an operator to scale through delivery and events.
Turnkey sale with full fixtures and fittings after ~£140k refit
Strong stated weekly turnover around £6,700 (net of VAT)
Prime student-heavy location, high footfall close to universities
Leasehold: 5-year original term, ~4.5 years remaining
Low annual rent £13,200; business rates reported as zero
Asking price £174,995 plus approximately £5,000 stock valuation
Area classified as very deprived with high local crime levels
EPC rating D; verify late-night licences and supplier agreements
This leasehold vape store and dessert café occupies a high-visibility spot on Mansfield Road, close to Nottingham city centre, universities and major student developments. The business is fully fitted after a reported £140,000 refit and sold as a turnkey operation with equipment included; trading currently covers daytime coffee and late-night vape trade. Weekly turnover is stated at circa £6,700 (net of VAT), supported by a small management team and an active online following.
The premises trades long hours (09:00–02:00) and benefits from a loyal local customer base and strong social channels that have generated viral marketing. Fixtures include commercial coffee kit, display fridges, serving counters, EPOS system, CCTV and remote-access Wi‑Fi; there is a dry basement for stores and a rear yard for bins.
Key commercial considerations: this is a leasehold sale with approximately 4.5 years remaining on a five-year term, annual rent of £13,200 and a separate asking price plus stock at valuation (£5,000 SAV). The business operates in a very deprived, high-crime neighbourhood with a heavy student population—good footfall but potential local risk factors and seasonal demand shifts.
Potential growth routes are clear: add delivery platforms, stage events more regularly, or explore franchising. Buyers should verify financials, the remaining lease terms, supplier agreements and licensing for late-night trading before proceeding. The EPC rating is D.
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