High-Potential, Award-Winning Coffee Shop in Ipswich Centre Near Sports Venues
Ipswich, Suffolk
- Status
FOR SALE
- Advert ID
614353
- Leasehold: £85,000 (Stock at valuation)
- Rent: £26,000
- Turnover: £244,400 (£4,700 Per week)
- Net Profit: On request
Key Features
- Small Business
- Town Centre location
- Established Business
- Close to Local Amenities
- Accounts Available
- Offers Invited
- Fully Fitted
- Attractive Business
- Prime Location
- Retirement Sale
Business Details
Award winning coffee shop in Ipswich town centre
Offers invited in region of £85,000
For its position, popularity, size and onward potential, this represents a real bargain.
Award winning coffee shop for sale, in an enviable position in the town centre of Ipswich.
Been in the same hands for 25 years, now selling to retire!
Plenty of ongoing potential, including the redevelopment of Arras square, the re-opening of the old bhs store by the ‘sport direct’ group. Plus, the Ipswich town football entering the premiership, which we know from past experience, makes a huge difference to the town. The coffee house is also on the main walk up from the Buttermarket bus station.
We are currently only open 9-4, 6 days per week, which lends plenty of scope for earlier/later opening, especially as we are just outside the Buttermarket centre, which houses a cinema, bowling, Gym and other leisure activities.
Interior seating for up to 62 a further 20 on 8 outdoor tables, also a room downstairs seating 16 6 tub chairs. (currently only used when football is at home!)
Small kitchen plus prep area, plus separate wash up area. Then front of house is coffee drinks prep area with counter/till and tall cake cabinet.
Due to owners stepping back over the past year, its mostly run by daughters and part time staff, If owners work, this is a very profitable coffee shop.
If required we would be willing to work with new owners for a couple of days at the start, to introduce them to the customers and to show how the various machines, including the epos system works.
5 years left on renewable lease, £26,000pa
Rates payable – we pay £200 per month (10months)
Currently turning over £4,700 per week on limited hours/6days per week
Buyer pays any landlord fees connected with the sale
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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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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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