Reputable Coffee Shop in Albrighton Shropshire for Sale, Owners Retiring
Albrighton, Shropshire
- Status
FOR SALE
- Date Submitted:
21/07/21
- Advert ID
279979
- Reference
B06302 / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: £75,572 (£1,453 Per week)
- Net Profit: £17,993 (24% Profit margin)
Business Details
Reputable Coffee Shop For Sale
BusinessPlease quote reference B06302
Hilton Smythe is delighted to offer to the market a beautifully presented village coffee shop with over 8 years trading history.
The recently refurbished coffee shop is now being made available for sale due to our clients wish to now retire.
Before opening the business, our clients embarked on a full transformation of the tired unit with new decor, lighting, equipment, kitchen, toilet facilities, service counter and outside terrace area. Throughout the lockdown closed period, our clients fitted a new floor throughout and refreshed the kitchen & the decor.
The ‘Turn-key’ opportunity comes with a 5-star customer rating and is proud to offer a relaxed atmosphere where both locals and visitors can enjoy the best coffee, snacks and specials either inside or outside on the large terrace area.
Our clients currently offer the following menu options -
- Fresh traditional cooked breakfasts
- Sandwiches, toasted sandwiches, wraps & Panini's.
- Selection of cakes, scones, brownies, flapjacks
- Daily lunchtime specials, homemade soups, salads
- Excellent bean to cup coffees, luxury hot chocolates, teas, iced coffees & juices
Our clients also embrace the need to focus on reducing waste by using fully compostable takeaway cups.
The coffee shop is renowned within the area for its personal and friendly service which has resulted in a very local customer base. Albrighton also attracts many cyclists at the weekend who regularly stop at the coffee shop for much needed refreshments along their route.
Currently the business is run by our clients only who focus on a morning and lunchtime trade only, any new owner may look to extend the hours and even offer an evening bistro menu.
Key selling points -
- Excellent reputation
- A3 licence
- Recently refurbished
- Further growth potential
- Ideal private party venue
- Evening bistro potential
- Longer lease term available
- Sharp EX-A107 electronic till
- Monroc 2 group coffee machine (fully serviced)
- Coffee bean grinder
- Upright glass door drinks fridge
- Polar counter top display fridge
- Lincat counter top convection oven
- 3 under counter fridges
- 3 chest freezers
- 1 under counter freezer
- 2 microwaves
- 3 toasters
- 7 grey wood effect round tables
- 20 bistro wooden seat, metal framed chairs
- 1 ,2-seater leather sofa
- 5 tub chairs
- 3 small coffee tables
- 5 transparent protective roller screens
- Outside 6 metal bistro tables
- 14 folding metal bistro chairs
- 4 cafe barrier ropes and poles
Location
Latte Da Coffee Shop occupies a highly enviable trading position within the heart of Albrighton village in Shropshire.
The affluent village is located just 7.5 miles northwest of Wolverhampton and 11 miles from Bridgnorth.
The business sits centrally along a busy parade of community shops which includes a grocery store, hardware store, estate agents, beauty salon, hair salon, opticians and takeaway which all face the beautiful village green.
The village offers a very attractive choice of period housing which are very popular with those looking to retire and enjoy a closer community lifestyle.
The village is accessed just off the A41 (Albrighton-Bt-Pass) which connects directly to the nearby M54 motorway.
The village has a railway station which runs on the Shrewsbury and Wolverhampton line.
There is free parking directly outside.
Premises
Ground floor -
- Customer dining area for up to 28 people
- Open plan servery
- Kitchen
- Toilet
- Storeroom
- Large pavement terrace for 15 people
Tenure
We are advised the business is being sold on a Leasehold bases with a new 5-year lease signed in April 2023, rent is £8,500 per annum.
Hours
The business trading hours are as followed:
Monday - Closed
Tuesday to Saturday - 08:30am - 15:00pm
Sunday - 08:30am - 14:30pm
Staff
The business is owner managed and ran.
Financial Profile
We are advised the business generated a turnover of circa £75,000 as of 2020, further financial information can be made available upon request.
Please quote reference B06302
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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