Coffee Shops for sale in Sidmouth

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Extremely Well Presented Daytime Only Licensed Coffee House & Tea Garden In Sidmouth

Sidmouth, Devon, England

  • Leasehold Price: £39,950
Seller Reference: 2114
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: 2114
Request Details
Business Description
THE PROPERTY
Selleys Coffee Shop is a popular and well-regarded character licensed café, coffee house and tea garden trading on a daytime only basis, six days a week from 9.30am through to 3pm with no Sunday trading. Presented to in excellent order throughout, the business offers potential for incoming operators to purchase an attractive, easy to run and sought-after catering business with an excellent reputation with both locals and visitors alike. The premises are quite unique, forming part of a courtyard development of retail units, from which spinoff trade is derived. The business, which is purposefully fitted, briefly comprises: - Main Coffee Shop/Tea Room Seating Area seating 14 customers, Customer Servery, Kitchen, Separate Wash Up Room and a Customer Cloakroom. Enclosed Courtyard Seating Area providing al fresco seating for 32 customers, with electrically operated canopy and heat lamps, enabling customers to sit outside year-round. Selleys also offers potential for incoming operators to develop their own style of trade, to suit their own personal requirements, taking advantage of this desirable catering business in this extremely popular East Devon coastal town. The sale of Selleys represents a unique opportunity to purchase a well established and well-regarded business with solid levels of trade and profits and with genuine potential to increase all aspects of the trade still further.]

SITUATION
Selleys Coffee Shop is situated with Libra Court, in a lucrative town centre trading position, just off the main seafront and the main shopping thoroughfare of Fore Street where prominent eye-catching signage is displayed directing customers to the courtyard entrance. The courtyard also benefits from an additional entrance on York Street which runs parallel with the seafront/esplanade and is a busy thoroughfare used by visitors/shoppers making their way from the town centre to the nearby shoppers car park where the Tourist Information Office, swimming pool and park are also located. The attractive East Devon regency town of Sidmouth is an extremely affluent town, situated on the Jurassic Coast in an area officially designated as a World Heritage Site by UNESCO. With a resident population of approximately 15,000, which is boosted considerably by visitors to the town throughout the year particularly through the summer months, Sidmouth is situated around 12 miles from the city of Exeter with access to the M5 motorway, which provides excellent communication throughout the country. This exclusive coastal resort is particularly renowned for its folk week, whereby businesses enjoy a huge trading boost.

INTERNAL DETAILS
Glazed entrance door into Main Internal Seating Area an attractive character room, extremely well presented with feature vaulted ceiling, feature part exposed brick wall, wall mounted menu boards and wooden tables and chairs providing seating for approximately 14 customers. Timber topped Customer Service Counter with commercial coffee machine, coffee grinder, electronic cash register, display shelving and cake display stands. Kitchen with non-slip flooring and part tiled walls, fitted with base cupboard units, complementary worksurfaces, stainless steel sink unit, and wall storage shelving with a 4-ring electric cooker, Panini machine, microwave oven, under counter fridge. Serving hatch to Wash Up Room with non-slip flooring and part tiled walls fitted with wall cupboards, shelving, worksurface with stainless steel sink unit and hot water heater over, commercial dishwasher, 2 under counter fridges and an upright fridge. Storeroom with chest freezer and a fridge. Customer WC.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

EXTERNAL DETAILS
A real feature of this business is the particularly attractive Enclosed Courtyard Garden which offers a variety of metal and wooden tables and matching chairs and provides al fresco seating for approximately 32 customers. An electrically operated retractable canopy and heat lamps enable customers to sit outside year-round and during times of wet weather. The courtyard is totally secure when the establishment is closed, with lockable gates to both entrances.

THE BUSINESS
Selleys Coffee Shop is a well-regarded licensed café, coffee house and tea garden, which trades on a daytime only basis, six days a week. Presented in excellent order throughout, the business has been established for around 30 years and has been owned and operated by our clients for the last 7 years. The business boasts robust levels of trade and profits and benefits from a town centre trading position, close to the main seafront. Through personal choice, our clients, a working couple, deliberately restrict the opening hours of the business to suit their own requirements and to fit in with their family lifestyle. The popular and easy to prepare menu includes; breakfasts, hot drinks, soft drinks, local wines, beers and ciders. Lunches, with daily specials, afternoon teas with a selection of homemade cakes, desserts and the popular Devon cream tea. There are also, light bites including sandwiches, paninis and jacket potatoes. The business enjoys excellent levels of year-round regular trade and strong local following, together with a seasonal boost from tourists during the busy summer months. Selleys benefits from numerous execellent reviews on TripAdvisor and has been awarded a Certificate of Excellence. The business also boasts a 5 Star Food Hygiene Rating. The business does not have a website but does have an active Facebook presence. A viewing appointment is essential in order to fully appreciate the high standards inherent through all aspects of this business.

TRADING INFORMATION
Through personal choice, our clients, a working couple, have deliberately chosen to restrict the trading hours to fit in with their family lifestyle. Consequently, trade levels are restricted to below the VAT threshold with an impressive net profit being shown, despite this. Full trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business trades Monday to Saturday from 9.30am until 3pm and is closed on Sundays, as well as for various periods throughout the year for our clients to take holidays.

CURRENT STAFFING
The business is run by our clients, assisted by a casual staff member during the main season.

POTENTIAL
Our clients advise that there is potential to increase all aspects of the trade with an opportunity to extend the opening hours, particularly in the evenings and also for Sunday opening too. There are further opportunities for advertising and marketing initiatives, including the development of a website and additional social media. There are also the opportunities to extend the current menu choices and to develop a bistro bar menu. Potential exists for an incoming operator to develop their own style of cuisine and to trade in a manner to suit their own personal requirements and to take advantage of this well-presented business in a prominent trading location. Our client is prepared to offer a hand over and training to interested parties should they so require it. Selleys Coffee Shop represents a unique opportunity to purchase a well established and well-presented business in a sought-after trading location and new owners will benefit from being able to move in without the need for any major expenditure.

LICENSES
The business benefits from a premises license allowing the sale of alcohol from 10am until 11pm Monday to Saturday and from midday until 10.30pm on Sunday.

EPC
F - 148.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website

SERVICES
All mains services, apart from mains gas, are connected.

PRICE & TENURE
£39,950 for the valuable leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion.

We are advised that the premises are held on the remainder of a 15 year, internal repairing lease, which commenced in 2011 with a current rent of £12,000 per annum. Rent reviews every 3 years and we understand that the lease is fully renewable at the end of the current term. Further details upon request.
Tenure:
Leasehold
Location Details:
Prime trading position close to the seafront and within the town centre.
Leasehold Term:
15 Years from 2011 - Rent £12,000 per annum.
Listed by:
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