 | Coffee Shop on Large Estate For Sale South Wales, United Kingdom Advert ref: C.0.97.W. Business description
A "young" business developing into an extremely busy Coffee Lounge & becoming the community centre or meeting place for this large residential estate. Built as part of a shopping complex it has the advantage of being next to a large primary school. The well fitted premises of 2 floors have 40 covers at wooden tables & chairs along with sofa's & easy chairs & hold a full A3 licence
Years established: 6 monhs
Employees: Vendor , 1 full time & 4 part-time
Trading hours: Monday - Saturday 8:00 - 18:00, Sunday 10:30 - 15:30.
Property: Leasehold
Lease terms
The property is held on the balance of a 20 year lease from January 2006 with rent reviews every 3 years. The current rental payable is £20,000 PA (£1667 PM) exc VAT.
Location
A Purpose built 2 storey building part of a retail shopping complex on a large residential estate (still being developed) on the outskirts of this large town in South Wales.
Expansion potential
Can develop a takeaway or delivered buffet service for parties etc,
Competition / Market
None on the estate
Support & training
as required
Reasons for selling
To pursue other business interests
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| | Financial details Asking price: £75,000
Sales revenue: £130,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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