COFFEE SHOP BRIGHTON, EAST SUSSEX

The coffee shop occupies a prime trading position within one of Brighton’s most vibrant and desirable neighbourhoods. The area benefits from a strong year-round local customer base, supported by a lively, cosmopolitan community, as well as consistent trade from the surrounding guesthouses and boutique hotels that attract significant weekend and summer visitor numbers.  The coffee shop benefits from an excellent daily footfall from students, staff, visitors, tourists and local residents, creating a large and diverse potential customer base. The café has built an excellent reputation with a loyal base of repeat customers and benefits from very strong online feedback across Facebook and Google Reviews, reinforcing its position as a well-regarded local business. The business is currently focused on quality coffee, pastries and cakes. However, there is clear opportunity for an incoming operator to expand the food offering and maximise use of the existing kitchen facilities, presenting strong potential to increase turnover and profitability.

THE PREMISES: The single-fronted E Class premises is well presented and is offered to the market in excellent overall condition, requiring minimal immediate capital expenditure from an incoming operator. The modern, purpose-built serve-over counter is positioned towards the rear of the trading area and incorporates a glass display cabinet showcasing an attractive range of cakes and sweet products. The counter is fitted with a two-group coffee machine manufactured by Sanremo Coffee Machines together with a commercial coffee grinder, forming a strong and professional barista set-up. The customer seating area currently accommodates approximately 14 covers internally, with an additional four customer seats positioned externally to the front of the shop, allowing for seasonal trading and enhanced street presence. To the rear of the premises is the kitchen area, which has been previously utilised for food preparation. The kitchen includes a double sink, dishwasher, oven suitable for baking pastries, and a dedicated preparation area, providing clear scope for menu expansion if required.  The front of the premises is also fitted with security bars across the whole front of the shop, including a locking steel roller door at the entrance. 

TURNOVER: The business is currently being run under management, which is a combination of one full time and one part time staff members. Every day the café operates with 1 staff member only.  We are informed that the turnover amounts to £3,000 per week trading 7.30am to 3:30pm – Monday to Saturday and 8am to 3pm on Sunday. 

TENURE:  The premises are held on a full repairing and insuring lease, which has approximately 12 years unexpired at a current rent of £12,000 per annum, exclusive. There is a break clause in in 2028 and 2033 of the lease.  There is also service charge of £1,000 per annum.

RATES: The business is zero rated under the governments business rate relief.  The rateable value of the property is £9,200 per annum.  Prospective purchaser should make their own enquiries to verify same.

GENERAL REMARKS: Ideal location with a high footfall.  Secure lease at reasonable rental. Scope to expand the food offering and increase trading hours.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £59,950 SAV PRICE REDUCTION 

VIEWING:  On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE: The property has been rated a Band D and the full report is available upon request.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT:     All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:         6928C

These particulars are believed to be correct but their accuracy is not guaranteed and

they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.