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15th-Century Suffolk Coffee Shop & Tea Room for Sale - 33 Seats, Outdoor Space, Growth Potential

Undisclosed, Suffolk
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COFFEE SHOP/TEA ROOMSCOFFEE SHOP/TEA ROOMSCOFFEE SHOP/TEA ROOMS
  • Status

    FOR SALE

  • Date Submitted:

    19/05/23

  • Advert ID

    513521

  • Reference

    C6735S 263219 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £59,950
  • Turnover: £150,000 (£2,885 Per week)
  • Net Profit: On request

Business Details

COFFEE SHOP TEA ROOMS

COFFEE SHOP/TEA ROOMS - IPSWICH - A fantastically presented, traditional style coffee shop/tea rooms which is housed in a building dating back to the 15th century. In addition to the usual drink and eat in trade offered, the business also provides a retail element stocking a variety of different coffees and teas that can be sampled within the shop, then purchased to take away, in addition to other retail items for sale like crockery. The premises is located in a highly enviable location, just off the main high street providing an owner high levels of footfall. The premises is arranged to provide around 33 covers internally, in addition to outside seating both to the front of the premises and the courtyard area to the rear which is set in a beautiful churchyard, shaded by ancient Yew trees which is fantastic for the warmer weather months. 4 years remaining on the lease, at a current rental of £8,000 per annum exclusive, with a further £300 per annum paid to the council for the use of the courtyard to the rear. Gross turnover averages £3,372 per week working to the usual high gross profit margins associated with the trade. Massive scope to increase on the already established turnover by extending the trading days and times, establishing a delivery service and by offering the premises for private hire functions which our client has chosen not to do. Zero business rates payable. Viewing recommended. 

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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 TEA ROOMS - C6735S 263219 / 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.