Thriving Coffee Shop In Hartlepool | | Hartlepool Cleveland | | Coffee shop, Hartlepool, Cleveland T/O: £192,000 GP: 20% Scope to increase turnover Well-equipped Shopping centre location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61488
ADVERT IMPRESSIONS : 12,755 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Tea Rooms & Coffee Shops | | SALE: | Agent Sale | LEASEHOLD: | £169,999 | ANNUAL RENT: | £52,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Esquire Coffee House is a substantial coffee shop located in Middleton Grange Shopping Centre Hartlepool, Cleveland. The premises benefit from ample public parking in the vicinity and are surrounded by a variety of complementary shops and businesses. There are regular buses running through the area and the railway station is within easy walking distance. The business benefits from being situated in Hartlepool town centre and boasts easy access to the A-road network. Hartlepool is a mainly residential town famous for being the birth place of Reg Smythe creator of the Andy Cap comic strip. Middlesbrough is approximately 10 miles south and Sunderland lies 20 miles to the north.
Business History
Preferred Commercial is delighted to offer for sale this thriving coffee shop, which was established by our clients in 2009 and is only now offered to the market due to our clients' wish to retire. The premises are well-equipped to suit the trade with an open plan serving area with seating for up to 60 covers and a range of food and drink displays. The business benefits from a high footfall from being situated in a busy shopping centre. The coffee shop has an excellent reputation and enjoys much repeat trade and word of mouth recommendations. Our client currently offers a range of hot and cold food and drink to eat in or take away. The business generates a turnover in the region of £192,000 per annum with a gross profit of 20%. We feel this could be further increased by extending the range of food available. The new owner could, if desired, establish a simple marketing campaign to generate more trade. This is an ideal opportunity to acquire an already thriving coffee shop with huge scope for further potential. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £192,000 approx.
GP: 20%
Opening Hours
Mon - Sun: 9:00am to 5:30pm
Accommodation Details
Substantial coffee shop premises on ground floor of a busy shopping centre. Briefly comprising:
Ground Floor
• Serving area with tables and chairs for up to 60 covers, Large chilled display counter with coffee maker, chilled cabinet, ice cream maker, sandwich toaster and 2 x refrigerators
Tenure
Leasehold
Original length:15 years
Remaining: 12 years
Review: every 5 years
Rent: £1000 per week | | | | | | FOR SALE | | | | | REFERENCE: | 2333 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
