Potential T/O £95,000, Attractive GP
38 Inside Covers + 17 External
Huge Potential, Currently Run as a Lifestyle Business
Established 20 Years
EPC Rating - G
This is an excellent opportunity to purchase a superb leasehold period coffee shop at the centre of the famous city of Lancaster. The beautiful Grade II listed Georgian stone building has huge amounts of character and benefits from a superb interior providing 38 covers as well as a further seventeen dining covers on the attractive adjoining Sun Square. Lancaster is a very popular university city and a large business and administration centre. It benefits from strong all year trade as well as a massive tourist draw for its many historic attractions e.g. Lancaster Castle, Lancaster Priory, Lancaster Cathedral and many others. The city also benefits from its proximity to the M6 motorway and the nearby Lake District and Morecambe Bay.
The business has been awarded a Trip Advisor Certificate of Excellence for 2014 and was beautifully presented at the time of our visit. It serves breakfasts, light lunches and afternoon teas . Menu items will include home made soups, paninis, specialty sandwiches, bagels, smoked salmon, scrambled eggs, normal breakfast food, chutney, cakes , scones, jams, wines, beers, specialty teas, coffees, hot chocolate, mulled wine and their own home made ice cream. The very popular business benefits from a large and loyal customer base as well as verbal and internet recommendation alongside good passing trade.
The lovely premises comprise an imposing and welcoming entrance and hallway leading to two open plan dining areas with period features including niches, cornices and fireplaces. French doors lead to Sun Square at the side with additional outside seating. There is a well fitted kitchen plus two store rooms and toilets on the first floor.
Blacks Brokers consider that Sunbury Coffee House represents an excellent opportunity to purchase a thriving, well established and profitable business. The business is making on average £360 per day, and noticing that the business is currently closed 116 days of the year brings the opportunity to further capitalise on the already impressive turnover of £80,000, adding approximately £41,760 just by opening 7 days a week. Our helpful staff will be pleased to arrange viewings for prospective buyers and to provide any additional information required.
Our clients run the business as a lifestyle business, a new owner could increase trading hours for the breakfast trade and introduce alcohol. The space above may also be considered for accommodation to generate rental income.Fixtures:
Thirty eight inside dining covers plus seventeen outside covers. Display fridge and servery, Gaggia coffee machine , grinder, ice cream fridge, tall fridge and a milk fridge, five freezers, six slice toaster, panini grill, four ring cooker, micro wave oven, base units with worktops, ceiling fans to dining areas.
Closed Sunday + Monday.
Entrance hallway leading to two open plan dining areas. Two first floor store rooms and customer toilets. Outside- French doors giving access to outside dining and seating area on Sun Square.
Location Details: Lancaster
Leasehold Term: Rent: £95 pw.
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