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Outstanding Licensed Coffee Shop Hastings Old Town

Hastings East Sussex
The coffee shop is situated in the highly desirable ‘Old Town’ conservation area of Hastings. It is supported by a wide variety of other shops and businesses including hair salons, restaurants, bars, cafes, jewellers, ladies fashion, etc. It is located
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67782
ADVERT IMPRESSIONS : 12,793 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Tea Rooms & Coffee Shops
SALE: Agent Sale

ASKING PRICE:

£109,950

LEASEHOLD:

£109,950
 

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BUSINESS DETAILS:

LOCATION
The coffee shop is situated in the highly desirable ‘Old Town’ conservation area of Hastings. It is supported by a wide variety of other shops and businesses including hair salons, restaurants, bars, cafes, jewellers, ladies fashion, etc. It is located in a popular pedestrianised area with a delightful ‘bohemian’ atmosphere just back from the main Hastings seafront.

COFFEE SHOP
With an internal width of 19’6 (6m) and a maximum depth of 34’6 (10.5m), the coffee shop is decorated, equipped and furnished to an exceptionally high standard. There is seating for a total of 36 customers inside with 4 leather sofas and high quality tables and chairs. There are a further 5 tables outside at the front of the shop. The shop is air conditioned throughout (including the kitchen) and has a high quality audio system and 2 LCD wall mounted TV’s.

There are 2 separate Customer Cloakrooms, one of which has disabled access / facilities.

The Servery area is well designed and, again, equipped to a high specification including: programmable Casio cash register, serve-over chiller display, 2 drinks coolers, three-group Gaggia espresso machine, coffee grinder, Zumex orange juice machine, milk cooler / dispenser, 2 Blendtec blenders and Buffalo panini grill.

The Kitchen is approximately 10’0 (3.0m) by 8’9 (2.6m) and equipped with Buffalo induction double hob, Lincat deep fat fryer, Sanyo microwave, 2 Goodmans microwaves, Meiko dishwaher, Blue Seal Turbofan convection oven, stainless steel commercial sink and hand wash basin, toaster and Lincat grill.

Outside at the rear there is a delightful Courtyard area with seating for another 18 people and rear access for deliveries. External steps leading to:

ACCOMMODATION
There is a lounge, kitchen, two bedrooms and bathroom with its own separate access. This area is currently used as storage with 3 chest freezers and 2 upright fridges. However, this could provide excellent owner accommodation or it could be rented to provide a rental income of approximately £6,000 per year.

BUSINESS
The coffee shop is extremely popular with both local residents and holidaymakers. It has a relaxed, yet busy atmosphere and serves a range of hot and cold drinks, alcoholic beverages and snacks, breakfasts and light meals. It is equally busy in the summer and winter months.

We are informed that sales for year to August 2011 were £149,899 (excluding VAT) producing a gross profit of £104,929.

HOURS
Monday to Saturday - 09:00 to 17:30
Sunday - 10:00 to 17:30

STAFF
The business is run under management with four full-time and two part-time members of staff.

TENURE
A new lease will be offered to the purchaser at a basic commencing rent of £22,000 per year
   
  FOR SALE
   

REFERENCE:

2602TR / RightBiz
   
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