LICENSED COFFEE SHOP CAFÉ WITH GIFTS & LIFESTYLE STORE PRICE: £110,000 Plus SAV SUFFOLK

LICENSED COFFEE SHOP/CAFÉ WITH GIFTS & LIFESTYLE STORE

PRICE: £110,000 Plus SAV

LOCATION: SUFFOLK / ESSEX BORDERS

REF: C0154S

ADVERT: (Only Available to Registered Applicants)

DESCRIPTION:

LICENSED COFFEE SHOP / CAFÉ WITH GIFTS & LIFESTYLE STORE trading from a GRADE II LISTED SEMI-DETACHED PROPERTY benefiting from MAIN ROAD FRONTAGE, A LARGE CAR PARK AND PRIVATE GARDEN, situated within a HIGHLY SOUGHT-AFTER VILLAGE IN CONSTABLE COUNTRY, SUFFOLK. The business has been ESTABLISHED SINCE 2017 and has operated under the same ownership for a number of years now by our client who has brought this opportunity to market with a GENUINE REASON FOR SALE DUE TO RETIREMENT, presenting an excellent opportunity for a new owner to acquire and further develop this well-established business. Measuring over 1,500 SQ. FT., the premises are EXCEPTIONALLY WELL PRESENTED throughout, with an eclectic mix of QUALITY FIXTURES & FITTINGS arranged to accommodate 100 COVERS, comprising approximately 58 INTERNAL AND 42 EXTERNAL COVERS. The combination of indoor and outdoor seating, together with the additional retail offering, provides multiple income streams and an appealing destination for both local residents and visitors to the TOURIST AREA. We are advised that average takings are between £6,000 AND £7,000 PER WEEK, despite the business currently trading on LIMITED OPENING HOURS. This presents HUGE SCOPE TO INCREASE REVENUES through extending trading hours and days, developing the licensed offering and maximising the potential of the existing café, garden and gifts and lifestyle retail operation. The business offers a predominantly HOMEMADE MENU, PREPARED ON-SITE USING LOCALLY SOURCED INGREDIENTS, with a LOW-WASTE APPROACH that has helped contribute to our client's HIGHLY ENVIABLE REPUTATION. This is reflected in its NO. 1 TRIPADVISOR LISTING and 5-STAR FOOD HYGIENE RATING, providing further reassurance of the established quality and reputation of the operation. We are advised that a NEW FIVE-YEAR LEASE is available at a current rental of £37,800 PER ANNUM EXCLUSIVE, with business rates payable of ONLY £130 PER CALENDAR MONTH. This represents a RARE OPPORTUNITY to acquire a WELL-ESTABLISHED BUSINESS WITH AN ENVIABLE REPUTATION, a substantial trading footprint and multiple income opportunities, together with considerable scope for further development within one of Suffolk's most desirable locations. ESSEX AND SUFFOLK BUSINESS SALES are delighted to be instructed as SOLE AGENTS in the sale of this exceptional business and strongly recommend that AN EARLY VIEWING IS ADVISED.