Community Coffee and Gaming Hub Chester le Street Chester Le Geek For Sale
Chester le Street, County Durham
- Status
FOR SALE
- Advert ID
648305
- Reference
B09521 / Rightbiz
- Call Agent:
- Leasehold: £42,995
- Turnover: £90,000 (£1,731 per week)
- Profit: Not Applicable
Business Details
Level Up Your Lifestyle – Community Focused Gaming & Coffee Hub
BusinessPlease quote reference B09521
CoGoGo is delighted to bring to the market Chester Le Geek, a vibrant and community-driven coffee and gaming store offering a unique social space for enthusiasts.
Established in 2024, the business has quickly built a loyal following, blending quality refreshments with an engaging gaming environment.
The business benefits from a welcoming atmosphere and strong local engagement, making it a go-to destination for casual visitors and regular patrons alike. With further scope to expand events, product lines, or opening hours, this is an ideal opportunity for an owner-operator looking to grow a niche concept.
The current owner is selling due to relocation to Scotland.
Early viewing is highly recommended.
Location
The business occupies a well-positioned retail unit benefiting from local footfall and a strong community presence, ideal for its social and leisure-focused offering.
Premises
The premises are fitted to accommodate both cafe service and gaming activities, offering a comfortable and welcoming environment. The space is presented in good condition and supports customer interaction and group use.
Tenure
Leasehold. We are advised that there is approximately 3 years remaining on the current lease, with low overheads including rent of £15,500 per annum and no business rates payable.
Hours
The current operating hours are:
Monday - Closed
Tuesday to Friday - 11:00 am to 8:00 pm
Saturday - 11:00 am to 4:30 pm
Sunday - Closed
Staff
The business is run by the owner with support from part-time staff. One team member is keen to remain and is a valued asset, assisting with daily operations and customer service.
Financial Profile
We are advised that the business generates an annual turnover of approximately £90,000.
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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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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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