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Coffee Shop Dining Business & Garden

Fordingbridge, Hampshire
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Coffee Shop/Dining Business & Garden Photo 1
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Coffee Shop/Dining Business & GardenCoffee Shop/Dining Business & GardenCoffee Shop/Dining Business & GardenCoffee Shop/Dining Business & GardenCoffee Shop/Dining Business & GardenCoffee Shop/Dining Business & Garden
  • Status

    FOR SALE

  • Date Submitted:

    05/05/22

  • Advert ID

    294868

  • Reference

    H22581 - 2022 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £79,950 (Stock at valuation)
  • Rent: £15,600
  • Turnover: Not Applicable
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Established Business

Business Details

Coffee Shop Dining Business & Garden

Goadsby Commercial present extremely busy coffee/dining business (could operate evenings). Premium town centre location. Fully fitted high quality commercial kitchen.  In current ownership for almost 7 years – genuine reason for sale. Al-fresco rear garden seating.

LOCATION
Prominent High Street position with passing foot and road traffic. Popular small town situated on the fringes of the New Forest. Ringwood approximately 7 miles. Salisbury approximately 10 miles.

SUMMARY OF ACCOMMODATION
Coffee Shop (32 covers). Kitchen. Wash Up Room. Customer Cloakrooms. The Garden Room (up to 18 covers). Garden Seating for up to 14 covers.

DESCRIPTION
Through door into Coffee Shop with 32 covers, upholstered wooden chairs, wooden table tops and metal legs, blackboard, servery counter, shelving, electronic cash register, hot water urn, coffee machine (on lease agreement), coffee grinder (on lease agreement), counter fridge, 2 tub chairs. Through into Lobby with upright fridge freezer. Through into Kitchen with non slip floor, 2 counter chiller units (1 fridge/1 freezer), assorted stainless steel tables, insectocutor, double panini maker, salad bar, 2 microwaves, hot water boiler, electric grill, double deep fat fryer, extensive extraction system above, 6 burner gas range, double oven under, combi oven, stainless steel wash up, paper towel dispenser, deep bowl stainless steel sink unit, wall mounted gas boiler, part plastic wall coverings, part stainless wall coverings. Wash Up Room with deep bowl stainless steel sink unit, commercial dishwasher, stainless steel table, electric fuse wall mounted cupboard. Door to rear outside. Customer Cloakrooms into Ladies with low level WC, wash hand basin, electric hand dryer, part tiled. Gents with low level WC, wash hand basin, electric hand dryer, part tiled. Into The Garden Room suitable for up to 18 covers, upholstered wooden chairs, wooden table tops with metal legs, views over the garden, patio door to rear outside. Outside with concrete area to rear, tables and chairs for up 14 covers, brick wall and fencing, gate to rear. Through door into Garage with door to side of the premises, extensive shelving, upright freezer, double fridge, chest freezer, fridge freezer, fridge freezer, chest freezer.

TRADING & BUSINESS
The owners inform us that the business currently operates from 9.00am until 4.00pm, 7 days a week. The coffee shop provides breakfast, lunches and brunch and is operated by the owner and staff. The turnover in the year ending 31st March 2020 was £211,546 excluding VAT with a net profit of approximately £31,000. Further accounts can be made available to genuinely interested purchasers.

TENURE
LEASEHOLD.  The premises are held under an original 25 year lease at a current rent of £16,346 per annum which expires 18th March 2033. We are awaiting confirmation of these figures.

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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.

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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.

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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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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.

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The data showed regarding this advert 'Coffee Shop Dining Business & Garden - H22581 - 2022 / 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.