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Prime Location Coffee Shop with 45+ Covers in Ringwood, Hampshire for Sale

Ringwood, Hampshire
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Superb 45+ Cover Coffee Shop - Prime Position Photo 1
Superb 45+ Cover Coffee Shop - Prime Position Photo 2
Superb 45+ Cover Coffee Shop - Prime Position Photo 3
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Superb 45+ Cover Coffee Shop - Prime PositionSuperb 45+ Cover Coffee Shop - Prime PositionSuperb 45+ Cover Coffee Shop - Prime PositionSuperb 45+ Cover Coffee Shop - Prime PositionSuperb 45+ Cover Coffee Shop - Prime PositionSuperb 45+ Cover Coffee Shop - Prime Position
  • Leasehold: £69,950 (Stock at valuation)
  • Rent: £21,000
  • Turnover: £250,000 (£4,808 Per week)
  • Net Profit: Not Applicable

Key Features

  • Fully Fitted
  • Accounts Available
  • Town Centre location
  • Prime Location
  • Established Business

Business Details

Superb 45+ Cover Coffee Shop Prime Position

Goadsby Commercial present licensed branded coffee shop in premium high street trading location. Superbly fitted premises - no expense has been spared with refurbishment. Established august 2019 now operated under management. Loyal regular clientele, strong social media presence and excellent reviews. Huge potential to develop evening bar/bistro operation.

LOCATION
Prime High Street trading location. Busy market town on the edge of New Forest National Park. Furlong Centre approx. 275 yards. Central shoppers car park approx. 275 yards.

SUMMARY OF ACCOMMODATION
Coffee Shop (20 covers). Cloakrooms. Cellar. First Floor - Coffee Shop (25 covers). Kitchen. Office/Store Room. Cloakroom. Walk in Store Room.

DESCRIPTION
Through front door into Coffee Shop with Karndean laminate floor, mango wood topped tables with metal legs, leather wooden chairs with metal legs for 20 covers, fireplace, stone plinth, inglenook, wood burner, original wooden beam, bricks, ceiling mounted CCTV cameras throughout, music speakers, Haveli wooden window frames, counter servery, re purposed Indian doors, solid Indian shelving wooden unit, non slip floor, stainless steel sink unit, Oney washer, hot water boiler, triple glass fronted chiller display cabinet, counter freezer, counter fridge, Indian wooden back bar shelves, 2 blenders, 2 Macapcoffee grinders, shelving, 2 group Marzocco coffee machine, picture rinser, coffee filter, first aid box, sum up Epos till system, ticket printer, paper towel dispenser. Door from Coffee Shop into Utility Cupboard. Door down into CELLAR. Kitchen Area with hatch down into the drink cellar. Through Coffee Shop with door to the side of the premises. Pocket door into Cloakroom with accessible toilet, disabled rails, baby changing station, low level WC, wash hand basin, paper towel dispenser, extraction fan, emergency pull cord. Cloakroom with low level WC, emergency pull cord, Victorian style wash hand basin, paper towel dispenser, extraction fan. Stairs from Coffee Shop to FIRST FLOOR with Coffee Shop with wooden tables, wicker chairs and Indian upholstered style wooden bench seating for approximately 25 covers, speakers, CCTV cameras, shelving, wooden spice table, wooden chest, couch, specialist mood lighting. Through swing door into Kitchen with non slip floor, wash hand basin, soap dispenser, paper towel dispenser, dishwasher, deep bowl sink unit, mixer, insectocutor, wall mounted gas boiler, worktop surfaces, Panasonic microwave, shelving, 2 counter fridges, turbo fan oven, small freezer, 2 griddles, commercial extraction above, 4 slice toaster, 3 induction hobs, bell rings in bar. Stairs to SECOND FLOOR with Office/Store Room. Cloakroom with low level WC, wash hand basin, shower fixture. Door into Store Room with shelving, 3 chest freezers, insectocutor shelving, lockable cleaning cupboard. OUTSIDE To the front and side there are mixed tables and chairs for 10 covers. 2 large retractable branded canopies.

TRADING & BUSINESS
The owner informs us that the business currently operate daytime hours only from Monday to Saturday inclusive. The business is operated under management and trades as an independent licensed speciality coffee house. The owner informs us that the business achieves a weekly turnover in excess of £5,000 per week. Further accounts can be made available to interested purchasers.

LICENCES/PERMISSSIONS
We are informed that the property holds a Premises Licence granted by New Forest District Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence.  We suggest that all purchasers take appropriate professional advice.  We have not had sight of this licensing documentation.

TENURE
LEASEHOLD. The premises are held under an original 10 year lease which expires in August 2029, at a current rent of £21,000 per annum plus VAT.

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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.

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.'.

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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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