Coffee Shops for sale in Kelso

View the "Popular Established Cafe/Bistro with 60 covers in Scottish Borders" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Popular Established Cafe/Bistro with 60 covers in Scottish Borders

Kelso, Scottish Borders, Scotland

  • Leasehold Price: £42,000
  • Annual Turnover: £148,265
  • Annual Gross Profit: £106,716
Seller Reference: 37984
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 37984
Request Details
Business Description
A popular business established for nearly 10 years in the Scottish Borders town of Kelso. A sizeable trading unit on one level sitting opposite one of the town centres car parks and trading at present successfully on a 5 day/daytime only basis with obvious opportunities to extend trading hours and 7 days a week if preferred.

Situation
The business is located in Kelso, a town steeped in history with cobbled streets and Town Square the town attracts a large tourist following with Kelso Abbey, Floors Castle and the Kelso Races adding to the draw of visitors. With a resident population of over 6000 this swells most weekends and over the Summer months in particular with the flow of tourists by coach and car.

The Business
Our clients have owned and operated the business now for almost 10 years as a three way partnership and have built up an excellent reputation in the immediate and surrounding areas. With excellent social media coverage on several platforms including Facebook, Trip Advisor, Visit Kelso and the Big Red Directory the feedback is positive. Offering breakfasts, brunch and lunch and afternoon tea it caters for all ages. With a popular takeaway menu on offer and closing at 3.45pm daily by choice there is clearly room for extending opening hours.

The passing rent is £14,688 per annum and lease on the residue of a 10 year lease to 2024. It is expected the landlord as before will renew/extend the lease in the future.

A brochure is available on www.therestaurantagency.com
Trading hours:
From August 2020
Tuesday - Saturday 9.45am - 3.45pm Daily
Sunday/Monday - Closed
Tenure:
Leasehold
Location Details:
Adjacent to a Public Car Park and Town Centre in the attractive Borders town of Kelso. An hours drive from Edinburgh and not much further from Newcastle this tourist spot enjoys a steady tourist flow weekdays and weekends throughout the year.
Leasehold Term:
Residue of a 10 year lease to 2024. We understand the lease is extendable.
Listed by:
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