£0 £1000000
£0 £1000000

Coffee Shop Business With Enviable Reputation

Derby, Derbyshire

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Sold

£39,950 +SAV

Ref: B05504

Leasehold

Overview

Hilton Smythe welcomes to the market Wordswoth Coffee Shop on Wordsworth Avenue in Derby. This fully refurbished site has been operated by the current vendors for over 6 months in which time it has built up an enviable reputation for quality and service from a standing start and which due to health reasons this very rare and exciting opportunity has now become available.

The business sells a delicious range of all the usual breakfasts favourites along with homemade cakes & sandwiches toasties, omelettes and light lunches along with afternoon tea and coffee. The premises have been fully refurbished to a very high standard and the business is being sold with all the equipment necessary for it to function in its current format.

The site has tremendous potential which due to its size and layout and subject to local planning & licensing consents could open as a Bistro in the evening and offer Sunday lunches which would dramatically increase turn over and profitability along with developing an on-line presence and additional selling platform, due to its location the site would also benefit from introducing a sandwich round to local businesses such as Rolls Royce.

The business opportunity would therefore be ideal for an established operator looking for an additional site or an individual or partnership looking for their first business venture with huge growth potential, the site has the benefit of additional seating to the front which can also be extended out to the properties perimeter further increasing capacity.

This is an excellent turn-key business opportunity being offered to the market with very affordable in-going and running costs.

Turnover
We are advised the business is turning over in the region of £75,000 per annum trading limited hours.

There are no business rates or service charges payable.

The business is run and managed by the current vendor with part time assist.

7.30am to 3.00pm Monday to Friday & 8.00am to 2.00pm on Saturday, the business is closed on Sunday.

Situated on Wordsworth Avenue just off Sinfin Lane in Derby, the site is easily accessible on foot and by all modes of transport with easy access to the Cities inner ring roads and the excellent road network links to the City centre and surrounding areas with the added benefit of ample on street parking surrounding the site.

Ground floor premises currently operating with 32 internal and 4 external covers in its current format.

Main service counter and servery, tables, chairs and stools, coffee machine, food display units, galley style kitchen to the side with open service counter, main oven with stainless extractor over, stainless worktops, storage and preparation counters, fridges and freezers. Multi-purpose WC, storeroom, rear access out to secure car park with vendor and staff parking, additional trading area to the front.

The premises are circa 58sqm.

Tenure
We are advised the business is being sold as a Leasehold opportunity with a new lease to be agreed with the current vendor with the initial rent anticipated to be in the region of £6,000 per annum.

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