Coffee Shops for sale in Budleigh Salterton

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Successful and Profitable Coffee Shop and Lifestyle Boutique Business In An East Devon Coastal Town

Budleigh Salterton, Devon, England

  • Leasehold Price: £85,000
  • Annual Turnover: £233,377
Seller Reference: 2127
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Business Description
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Seller Reference: 2127
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Business Description
L'Image is a thriving and well-regarded day time only traditional coffee house and tearoom with al fresco dining, combined with a lifestyle boutique which benefits from an alcohol license. This unique business offers an easy to prepare menu of snacks, morning coffee, light bites, cream teas and cakes together with a highly desirable range of quality gifts, homeware and clothing and offers potential for incoming operators to purchase an attractive and highly sought after business, with the opportunity to develop a style of trade to suit their own personal requirements, as our clients are prepared to remove all or all of the stock lines if these are not required, dependent upon personal requirements. The business enjoys a thriving trade from both locals and visitors alike and the ground floor lock up premises have been purposefully fitted and equipped and are presented to an extremely highly standard throughout in a traditional boutique style to create a most impressive and unique multi-faceted business. Occupying a prominent town centre trading position, close to the beach, the business briefly comprises:- Coffee Shop Area comfortably seating 15 customers; attractive Coffee Lounge/Retail Area comfortably seating 24 customers with a Retail Area; further Retail Showroom, well equipped Kitchen, Customer Welfare Facilities, two Storerooms, Staff WC with Shower and a south facing Al Fresco Courtyard Dining Area to the rear with seating for 20 customers. The sale of L'Image represents a unique opportunity to purchase a well-established and well-regarded business with impressive levels of trade and profits and genuine potential to increase all aspects of the trade still further.

L'Image occupies a prominent trading position in the main street of the popular and attractive East Devon resort town of Budleigh Salterton, an extremely affluent town situated on the Jurassic coast in an area officially designated as a World Heritage Site by UNESCO. The business occupies a prominent high street setting close to the main beach within the town centre. Budleigh Salterton is a delightful and popular coastal resort town situated in an area much renowned for its picturesque countryside, coves and beaches. With a resident population of approximately 5000 which is boosted considerably by visitors to the town throughout the year and particularly during peak holiday months, Budleigh Salterton also draws trade from many nearby coastal villages, hamlets and towns. The town is situated around 12 miles from the city of Exeter with access to the M5 motorway which provides excellent communication links throughout the country. Budleigh Salterton is a particularly unspoilt and traditional coastal resort town.

Twin double fronted character shop front with large floor to ceiling windows to the front and a recessed part glazed entrance door leading into Coffee Shop Area 5.6m x 4.7m an attractive room with wood effect flooring throughout, wood panelled walls, bespoke fitted Customer Servery Counter along the back wall with commercial cappuccino machine and grinder, cake displays, electronic cash register, undercounter fridge, glass fronted bottle fridge, storage cupboards, mirror backed display shelving and ornate chandelier, range of tables and chairs comfortably seating 15 customers. Coffee Lounge/Retail Sales Area 11.35m x 6.45m a most attractive and impressive character room with feature parquet flooring, attractive ornate ceiling, part wood panelled walls, feature ornate fireplace with inset living flame gas fire, feature wall lighting, range of tables, chairs and a leather sofa comfortably seating 24 customers intermingled in this area is a Retail Area with a selection of gifts, homeware and clothing which is extremely popular. There is a central island retail area together with individual clothing rails providing a unique and interesting dining/shopping experience. Further Retail Showroom 3.4m x 2.1m being situated between the other two areas with wood effect flooring, window to rear, ornate chandelier, clothing displays and rails, two glass fronted display cabinets and a customer changing screen. Kitchen 4.58m x 2.5m being comprehensively equipped with a range of fitted base kitchen units and complementary work surfaces, 1 ½ bowl stainless steel sink unit and drainer, extensive wall shelving, extraction fan, five burner range style cooker with oven, three undercounter freezers, undercounter fridge, upright fridge, upright freezer, double panini grill, two contact grills, hand basin, two commercial toasters, two microwave ovens, commercial dishwasher, wall mounted combi gas boiler and door to rear garden. Ladies and Gents WC's. Stock Room 1 3.95m x 3.65m a carpeted and fully shelved storage space used for storing clothing, gifts and homeware. Stock Room 2 3.65m x 3.15m carpeted and fully shelved used for storing the coffee shop items with upright fridge freezer, two upright freezers and an upright fridge. There is a door which leads out to the courtyard garden. Staff WC and Shower Room to the rear of the store areas.

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.

To the rear of the property and a real unique feature of this business is an attractive private courtyard garden which measures approximately 11m x 3.5m providing a south facing Al Fresco Seating Area for 20 customers with several large parasols. Further to the rear is a Bin Store Area and a pedestrian/delivery access.

L'Image trades as a unique quality daytime only coffee shop and tea rooms combined with a lifestyle retail and gift business and enjoys an excellent reputation with locals and visitors alike for its quality, ambiance and service. Consequently, the business boasts an enviable level of regular repeat custom which is boosted by visitors to the town throughout the year. L'Image offers a simple and easy to prepare popular menu to include morning coffees, light lunches and snacks, afternoon teas and cake, to include the popular Devon cream tea, together with a selection of hot and cold beverages as well as a selection of local wines and beers. All the food is freshly prepared to order. The coffee shop and tea room trade is enhanced by the lifestyle boutique offering of stylish gifts, homeware and ladies clothing which have proved most popular and highly desirable, however, our client is prepared to remove some, or all of the stock if incoming purchasers wish to develop their own style of trade and introduce new product lines. The business benefits from a prominent trading position and does not currently have a website, or social media presence and consequently no advertising and marketing of the business is undertaken by our clients. The business benefits from a 5 Star Food Hygiene Rating. A viewing appointment is essential to fully appreciate all aspects of this unique business opportunity.

Accounts for the year ending 31st March 2020 show impressive sales of £233,377 net of VAT with strong net profits being achieved. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

The business trades from 9am until 5pm 6 days a week, being closed on Sundays.

The business is owned by our clients, a husband and wife partnership, however it is run by only one of the owners, with the assistance of up to 12 part time/casual members of staff, as and when trade levels dictate. With impending retirement in mind, our clients have taken a reduced role in the day to day running of the business and undoubtedly there are savings to made to the wage bill for a working couple.

Our clients advise that there is potential to develop all aspects of the business still further with undoubted opportunities for further marketing and advertising, particularly by developing a social media presence. There is also the opportunity for additional Sunday opening and potential for incoming operators to develop the style of trade in a manner to suit their own personal requirements and to take advantage of the prominent trading position. Our clients are prepared to offer a full handover to interested parties should they so require it. The sale of L'Image represents a rare opportunity to acquire a prime position trading premises in a highly desirable location. This is an opportunity to purchase an extremely profitable business enjoying good levels of year round trade with a substantial boost around the holiday periods and with tremendous potential to increase trade levels which already affords our clients an impressive income.

All mains services are connected to the property.

£85,000 for the valuable leasehold interest as a going concern business and full trade inventory. Stock is fully negotiable, dependent on individual requirements.

The business is available by way of a new lease for a negotiable term, at a rent of £20,000 per annum. Full detailed terms to be negotiated.
Trading hours:
9am until 5pm six days a week (closed Sunday)
Location Details:
The business occupies a prominent high street setting close to the main beach within the town centre.
Leasehold Term:
The business is available by way of a new lease for a negotiable term, at a rent of £20,000 per annum. Full detailed terms to be negotiated.
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