Business for Sale in SIDMOUTH, England LICENSED COFFEE SHOP/CAFÉ/TEAROOM

Key Information

Reference

TR35592N

Tenure

Leasehold

Status

For Sale

Region

England

Sector

Coffee Shops

Annual Sales

£204,725.00 Exc. VAT

Accommodation

No

Business Information

Very popular COFFEE SHOP/CAFÉ/TEAROOM, benefiting from alcohol licence, occupying valuable SIDMOUTH town centre trading position. Fronting busy shopping thoroughfare of this desirable and sought after EAST DEVON coastal town, on route to the Market Place, Esplanade and beach. Enjoys corner sited trading position with most attractive aspect assisting with its popularity, surrounded by other businesses, and close residential areas.

Stylish premises, the subject of considerable investment by the owner over the years, benefiting from substantial eye catching glazed corner frontage. Provides 20 cover dining area, open plan servery/kitchen being comprehensively equipped with a host of new equipment to include La Marrzoco coffee machine commanding substantial replacement cost. Benefiting from favourable premises costs, rent £212 per week, and receiving 100% business rate relief.

A rarely available top performing business with strong following, not seasonal, excellent reputation, and sound reviews, trading daytimes, serving easily prepared menu. Sales 2023 £204,725 ex Vat, proves highly profitable, in particular if operated by a couple. Still offers further opportunities to new owners, currently only trading a 5 day week, also scope evening events/functions with music licence also held.

Leasehold £110,000 sav Ref: TR35592N