Established Leasehold Coffee Shop Located In Earlsdon, Coventry

Established Leasehold Coffee Shop Located In Earlsdon, Coventry
Prime Earlsdon Street Location
Strong Weekly Turnover
50 Internal Covers
External Seating
Ref 3293

Asking Price £149,950 plus SAV (£2,500)

Location
Sage Coffee Shop occupies an established trading position on Earlsdon Street, in the heart of this popular Coventry suburb. Surrounded by a varied mix of independent shops, cafés, restaurants and local amenities, the business serves an extensive residential catchment. This attractive neighbourhood setting provides an excellent location for an established coffee shop. Coventry city centre lies approximately one mile to the north-east, while Coventry railway station is also readily accessible.

Business Description
Veritas Business Sales is delighted to offer for sale Sage Coffee Shop, an established and well-regarded business situated in the popular Coventry suburb of Earlsdon. The premises have traded as a café for more than 20 years, with the business under our clients’ ownership for the past nine years. It is now offered for sale to allow them to enjoy a well-earned retirement.
During their ownership, our clients have invested significantly in the premises, equipment, fixtures and fittings. The items included in the sale are fully paid for, providing an incoming owner with a well-equipped operation.
The business is owner-operated, supported by three full-time and seven part-time members of staff. Our clients advise that weekly turnover is approximately £14,000–£15,000, with sales split evenly between food and drinks.
The menu features breakfast and brunch dishes, smashed avocado, club sandwiches, toasted and freshly prepared sandwiches, homemade soups, sausage rolls, quiche, jacket potatoes and daily specials. Pastries and cakes complement a drinks offering that includes speciality coffees, loose-leaf teas, iced drinks, milkshakes, smoothies and cold beverages. Food is freshly prepared on the premises using quality ingredients.
Sage Coffee Shop enjoys a strong local reputation and an established base of regular customers. There may be scope to develop the business further through longer opening hours, an expanded menu or an evening bistro offering, subject to any necessary consents.
This is an excellent opportunity to acquire an established coffee shop with strong reported turnover, an experienced team and a well-equipped premises in a sought-after trading location.
Early viewing is highly recommended.

Opening Times
Monday – Saturday – 08:30 – 16:30
Sunday – 09:00 – 16:00

Leasehold
Term: 15 years
Remaining: 6 years
Rent: £23,170 plus vat per annum
Rent review: every three years
Business rates: £9,500 per annum

Ground Floor
Café comprising: tables & chairs to cover (50), five high-chairs, two wall-mounted menu boards and a menu blackboard. Equipment includes two ceiling mounted air-conditioning/ heater units, two insect zappers, serve over chilled display counter, serve over sales counter, EPOS till with cash drawer, coffee grinder (Compak), two head espresso coffee machine (Conti), hot water boiler (Lincat), under-counter storage shelving, two door drinks fridge (Genfrost), under-counter freezer (Logic), upright dairy fridge (Bosch), drinks condiments station, storage cupboard with storage shelving.
Male toilet with WC, wash basin, wall mounted mirror, wall mounted hand dryer, wall mounted soap dispenser.
Ladies / accessible toilet with WC, wash basin, wall mounted mirror, wall mounted hand dryer, baby change.
Kitchen comprising: 1 ½ bowl stainless steel sink, worktop, wall & base units, saladette with three door under-counter fridge (Polar), three wall-mounted stainless steel shelves, wall mounted knife rack, wall mounted condiments rack, stainless steel sink with directional hose, dishwasher (MaidAid), stainless steel table, three four-slice toasters (Caterlite), insect zapper, two wall-mounted paper towel dispensers, small stainless steel table, extraction canopy, dual induction hob (Amzchef), griddle (Buffalo), griddle (Nisbets), cleaning cupboard with small safe and three phase electric meter.
Preparation room with bake-off oven (Unox), three stainless steel tables, milkshake machine, under-counter fridge (Blizzard), food mixer (Metcalfe), microwave (Panasonic), four-slice toaster, wall-mounted paper towel dispenser, stick blender (Hamilton Beach), blender (Blendtec), portable metal trolley.
Dry store with walk-in cold room, walk-in freezer room, chest freezer, washing machine (Logik), tumble dryer (Bosch), storage shelving, portable metal trolley, griddle, panini machine, stick blender (Hamilton Beach), side exit door.
Bin store with portable metal trolley and electric roller-shutter.
Entrance door with hallway for staff access, electric meter cupboard, gas meter cupboard.

Basement
Office accessed via a coded security door and equipped with a cabinet containing a safe, desk, chair, wall mounted whiteboard board and two filing cabinets.
Storeroom with base units and storage shelving.
Storeroom.

External
Frontage with tables & chairs to cover (16) and benefits from two electric canopies, wall mounted electric heater and an access ramp.

EPC Rating C