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Coffee shop and bagel bar with alcohol license for sale near Chelmsford and Colchester in Essex

Undisclosed, Essex

CONFIDENTIAL

  • Leasehold: £29,500 (Stock at valuation)
  • Rent: £12,600 (£1,050 per month)
  • Turnover: £104,000 (£2,000 per week)
  • Profit: On request

Key Features

  • Potential for alternative uses
  • Late-night venue opportunity
  • Lease assignation available
  • Lease with break option

Business Details

COFFEE SHOP & BAGEL BAR WITH ALCOHOL LICENCE £29,500 Plus SAV BETWEEN CHELMSFORD & COLCHESTER

COFFEE SHOP & BAGEL BAR WITH ALCOHOL LICENCE
PRICE: £29,500 Plus SAV
LOCATION: BETWEEN CHELMSFORD & COLCHESTER, ESSEX
REF: C0146E

STRICTLY CONFIDENTIAL SALE

COFFEE SHOP & BAGEL BAR WITH ALCOHOL LICENCE occupying a HIGH-PROFILE POSITION on a VERY BUSY ONE-WAY ROAD within the TOWN CENTRE, ideally situated BETWEEN CHELMSFORD & COLCHESTER, ESSEX. The business enjoys excellent visibility and benefits from HIGH LEVELS OF PASSING FOOTFALL AND VEHICULAR TRAFFIC, attracting both regular local customers and visitors alike. Measuring approximately 400 SQ. FT. the premises are EXCEPTIONALLY WELL PRESENTED throughout and have been fitted out with HIGH-END QUALITY FIXTURES AND FITTINGS, creating a modern and welcoming environment. The business is offered with a FULL COMPLEMENT OF EQUIPMENT and has been brought to market with a GENUINE REASON FOR SALE, allowing a new owner to continue trading immediately. We are pleased to confirm TAKINGS OF BETWEEN £1,500 AND £2,000 PER WEEK, achieving an impressive HIGH GROSS PROFIT MARGIN, whilst still offering HUGE SCOPE TO FURTHER INCREASE REVENUES AND PROFITS. We believe there is considerable potential to maximise the benefit of the ALCOHOL LICENCE, extend the current trading hours, develop an evening offering, introduce delivery platforms and further expand the menu. The premises are held on a secure lease at a current rental of £12,600 PER ANNUM EXCLUSIVE and benefit from ZERO BUSINESS RATES PAYABLE, resulting in exceptionally low overheads. Opportunities of this calibre rarely become available, and we therefore expect strong levels of interest in this SUCCESSFUL & ENTRY-LEVEL BUSINESS, ideally suited to a hands-on owner-operator or an existing catering business looking to expand into the area. ESSEX AND SUFFOLK BUSINESS SALES are delighted to be instructed as sole agents in the sale of this excellent business and strongly recommend that an EARLY VIEWING IS HIGHLY ADVISED.

 

Please Note: There is NO extraction canopy.

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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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