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COFFEE HOUSE CAFÉ SPACIOUS PERIOD PROPERTY IN THE CENTRE OF LEWES LOCATION WITH A HIGH FOOTFALL

Lewes, East Sussex
Leasehold Price:
£69,950
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Status
FOR SALE
Advert ID
238047
Reference
6441 C / Rightbiz

Details

The concern occupies a superb trading position in the heart of Lewes. Lewes is a bustling historic town within easy reach of the motorway networks, main line railway station and principal seaside towns are also within easy reach. Lewes is an affluent area with many residents travelling to Brighton and London on daily commutes, as well as an abundant of tourists regularly visiting the town to see many of its historic attractions. The coffee house has been trading just under a year and only comes to the market due to the vendors family commitments. However during this time they have created an excellent reputation, receiving excellent reviews on Google reviews, Facebook and Trip Advisor.

THE PREMISES: The corner premises  is approximately 75 sq.m and has been completely refurbished and comes to the market in an excellent condition.  The main area benefits from a high ceiling and ample natural light. On entering the coffee house there is a modern serve over counter to the right hand side of the premises, where the cakes, pastries and sandwiches are displayed and the coffee machine, grinders and syrups are located. Behind the counter is a small preparation area which includes storage and a double drinks fridge. The Food Preparation Kitchen area is behind the service counter and to the rear of the premises and includes a washing up area, counter top space and dishwasher. There is seating for some 40 customers in the main area, with the snug providing an additional 12 covers.

 

TURNOVER: The business is currently run jointly by the vendors with the assistance of one full time barista. We are informed that the average weekly turnover amounts to £3000.00, per week trading 8am to 5pm – Tuesday to Saturday, Sunday 10am to 4pm. Currently 70% of food and beverages are consumed on the premises with 30% being take away. At present a limited number of sandwiches and pastries are available throughout the day, however there would be significant scope to increase the food offering. The vendors have also held a number of private parties and functions on the premises, which have been very popular and this could be  an ideal way to boast the turnover further.

 

TENURE:  The premises are held on a full repairing and insuring lease, which has approximately 4 years unexpired at a current rent of £16,000 (plus VAT) per annum. 

 

RATES: The current rates payable amount to £8,400 per annum.  Prospective purchaser should make their own enquiries to verify same.

 

Seller Details
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Listing Details
Leasehold Price: £69,950
Tenure: Leasehold
Sector: Tea Rooms, Cafes
Financials
Annual Net Profit: Available upon request
Key Features
  • Attractive Business
  • Fully Fitted
  • Small Business
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The data showed regarding this advert 'COFFEE HOUSE CAFÉ SPACIOUS PERIOD PROPERTY IN THE CENTRE OF LEWES LOCATION WITH A HIGH FOOTFALL - 6441 C / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.