Licensed Coffee House | | Dovercourt Essex | | LIC. COFFEE HOUSE (50 + 6) - DOVERCOURT. Prominent corner premises in a good secondary High Street position. Trading in sandwiches, baguettes, breakfast, light meals, teas, coffees and alcoholic beverages. Current takings average £2,500 p/w run under management, was taking over £3,500 p/w when under the owners control. Secure lease rent only £1,000 pcm. Undeveloped 7 room lower ground floor accommodation with scope for many uses. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61090
ADVERT IMPRESSIONS : 7,042 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Tea Rooms & Coffee Shops | | SALE: | Agent Sale | LEASEHOLD: | £69950 | ANNUAL RENT: | £12000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Town: DOVERCOURT
County: Essex
The business trades from a prominent corner position within the main shopping area of this densely populated north east Essex portal town.
The Business
A busy town centre licensed coffee house trading in sandwiches, baguettes, breakfast, light meals, teas, coffees and alcoholic beverages. The business has been established under the current ownership for the past 6 years, although is run under management due to other business commitments. Trading from a substantial corner ground floor premises with a basement providing 7 rooms which offer potential to be used for other commercial purposes, or residential (subject to planning).
The Premises
Trading from a substantial corner ground floor premises arranged to provide Coffee Shop/Café with large glazed frontage, fascia board, internally providing seating for approx. 50 covers with tables, chairs, leather style sofas and armchairs to suit, wood flooring, suspended ceiling, 3 air conditioning units, 2 flat screen televisions on Freeview, 'L' shaped counter unit incorporating refrigerated patisserie unit and servery, behind-counter preparation/cooking area equipped with domestic extraction fan, Panini machine, toasters, crepes machine, microwave, 2 fridges, beer display fridge, 3 Group coffee machine, coffee grinder, tea urn, drinks chiller, upright display fridge. Internet Café Section with breakfast bar, bar stools, 3 PC's connected to WiFi etc. Separate Kitchen Area housing a fridge/freezer, pass-through dishwasher on 3 phase, sink unit, milk fridge, jacket potato oven, smoothie blender, milk shake machine, convex oven, dumb waiter to lower ground floor (not used). Separate Ladies & Gents Toilets both with baby changing facilities. Additional external covers for 6 persons,
Basement Accommodation 7 rooms providing ample storage and office accommodation. This area could be used for other business purposes, alternatively could be converted to living accommodation, subject to landlords consent and planning approval. Rear Yard providing off street parking for 2 vehicles.
Note: the premises are fitted with a CCTV surveillance system.
Trading Hours
Monday to Saturday 8 am to 5 pm. Sunday closed. We are advised that the premises are licensed to trade from 7.30 am to 12 o'clock midnight, extended to 1 am on Thursday, Friday and Saturday.
Staff
The business is run by a manageress assisted by 4 staff and 1 Saturday person.
Turnover
We are advised that current takings average £2,500 per week working to the usual high gross profit margins. We are further advised that the business was taking over £3,500 per week when under the owners control.
Tenure
Leasehold - We are advised that the premises are subject to a renewable lease with approximately 5 years unexpired, at a current rental of £1,000 per calendar month exclusive. We are further advised that the next rent review is due December 2011.
Business Rates
The premises have a rateable value of £13,650 payable at .433p in the £, equating to £5,910.45 payable for April 2011/12 before any small business rate relief is claimed.
Legal Costs
Each party are responsible for their own plus 50% of the landlords legal costs incurred in this transaction.
Summary
A very well presented catering premises with A3 use and licence for the sale of alcohol.
Inventory
A detailed inventory of fixtures and fittings will be prepared and supplied at the point of sale.
Finance
Finance and business loans are available from leading high street banks with attractive finance options. We can arrange for you to speak to a national firm of Business Finance Brokers or alternatively put you in touch with a major high street bank for a free under no obligation discussion or consultation. | | | | | | FOR SALE | | | | | REFERENCE: | C4228E / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
