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Columbia Coffee Lounge for Sale - Independent Shop in Scunthorpe Lincolnshire with Ample Seating

Scunthorpe, Lincolnshire
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  • Status

    FOR SALE

  • Date Submitted:

    19/03/23

  • Advert ID

    510260

  • Freehold: £30,000
  • Rent: £11,500
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Small Business
  • Town Centre location
  • Attractive Business
  • Accounts Available
  • Close to Local Amenities
  • Established Business
  • Prime Location

Business Details

Columbia Coffee Lounge, Independent Coffee Shop

This is an excellent opportunity to acquire a popular Coffee Shop situated just on a side street of Scunthorpe High Street.

Fully established business for over 25 years.

A well-presented with fresh looking décor, bright and spacious, open plan layout with seating downstairs and upstairs with comfy sofas in the windows, tables and chairs seating upstairs, downstairs and outside in the summer months, counter area downstairs with a recently renovated kitchen with new appliances. There is a storage cupboard and a Toilet upstairs and downstairs.

There is an Air conditioning unit downstairs which blows hot or cold air, 2 car parking spaces at the rear of the building.

The Coffee Shop attracts a healthy mix of people young and old, professionals and families.

Seating for 24 downstairs, 18 upstairs and additional outside seating.

The business currently trades Monday - Saturday 9am - 4pm, The premises could cater for a wider range of similar food offerings and takeaway/delivery trade.

Currently the business serves hot and cold food throughout the day, including a range of breakfasts, soup, baked potatoes, toasties, paninis, salads, sandwiches and snacks. We also serve a wide variety of hot and cold drinks, including teas, coffees, hot chocolates, smoothies, iced coffees/teas, frappes and soft drinks, as well as cakes, cheesecakes and pastries.

Leasehold. Rent is £10,000 per annum. Rateable value only £8,700 so no rates are payable, All equipment, fixtures and fittings are owned outright and included in the sale price.

Viewing is highly recommended.

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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.

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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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