Outstanding Coffee Shop & CafÉ | | York North Yorkshire | | OUTSTANDING COFFEE SHOP & CAFÉ - NORTH YORKSHIRE Stunning premises finished to the highest of standards Advised turnover of £139,280 with good gross profits | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54748
ADVERT IMPRESSIONS : 18,886 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Tea Rooms & Coffee Shops | | SALE: | Agent Sale | LEASEHOLD: | £139,995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | OUTSTANDING COFFEE SHOP & CAFÉ - NORTH YORKSHIRE
Stunning premises finished to the highest of standards
Advised turnover of £139,280 with good gross profits
Over £120,000 has been invested on the premises
Full alcohol license as of the 15th March 2011
Early viewing strongly advised to appreciate
44 internal covers with superb external patio
Scope to further develop premises
LEASEHOLD
Location
This outstanding coffee shop and café is located at the heart of the Minster Quarter in the historic City of York. It is surrounded by complimentary commercial concerns providing superb opportunities for passing trade in what is regarded as the up and coming area for food and drink in the city. Founded by the Romans in 71AD York is a walled city that lies at the confluence of the Rivers Ouse and Foss in North Yorkshire. The city has a rich heritage and has been at the centre of some major political events throughout its 2 millennia of existence. The city is famous for its stunning cathedral York Minster which is within walking distance of our clients business which attracts tourists from all over the world to this popular year round destination. York is reached easily and has superb road and rail links, the A19, A59, A64 and A1079 all provide access to the city while the A1(M) provides access to the UK's wider motorway network.
Business History
Meridian Business sales are delighted to offer to the market this outstanding coffee shop and café which was established by our client in 2009. The business is regrettably being offered to the market due to our clients desire to relocate abroad. Since establishing the business our client has invested in excess of £120,000 on the premises including new heating, rewiring, new doors and superb fixtures and fittings to the point that the business is now in full walk-in condition and represents a true 'turn key' opportunity for any prospective purchaser. The business has a wonderful reputation and benefits from many regular and repeat customers but also presents outstanding opportunities for passing trade due to its prominent high footfall location. As of thje 15th March 2011 there will be the addition of a full alcohol license providing potential to increase turnover and presenting the opportunity for an evening bistro trade as the premises provides scope to develop this side of the business. A superb website is also included in the business sale price. This is a wonderful opportunity to purchase a business in a fantastic trading location finished to the highest of standards with great scope for improvement and would ideally suit a purchaser with a chef qualified background that could exploit the huge potential this business presents and as such early viewing is highly recommended.
Financial Profile
Turnover: £139,280pa
Stock approximately: £2,000
Tenure
Leasehold
Original length: 25 years
Remaining: 23 years
Review: 5 years
Rent: £18,750pa
Opening Hours
Monday to Sunday: 9:30am - 5:30pm
Accommodation
Mid terraced 3 storey leasehold opportunity in an outstanding high footfall trading location with scope for further development, briefly comprising:
Ground Floor - Secure entrance into open plan split level 3 tier commercial premises, beautifully presented throughout, finished to the highest of standards.
Lower tier: 10 covers, stunning service facilities, glass fronted cake and biscuit display, spacious service area, tiled flooring and ambient lighting.
Middle tier: Wooden flooring throughout, 12 covers, access to external patio and to 1st floor.
Tier 3: 22 covers with walk through to lounge area to rear of building, ideal as a meeting venue, ladies and gents toilet facilities, access to fitted kitchen, office and external patio.
First Floor - Access stairway from 2nd tier to open plan kitchen with scope to develop and secure access to accommodation with family bathroom, under stair storage and access to an open plan large room that could be used as owners' private accommodation or as part of a re-development to increase the capacity of the bistro. Stairs to second floor.
Second Floor - Large open plan room, optional usage again as either private accommodation or for private hire dining room for the bistro.
External - Superbly presented patio area with external dining covers.
| | | | | | FOR SALE | | | | | REFERENCE: | 2449 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
