For Sale
Highly Rated Cafe And Coffee Shop For Sale In North Yorkshire
Saltburn-By-The-Sea, North Yorkshire
- Asking Price: £69,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £193,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote referrence B07113
Hilton Smythe are delighted to welcome to the market Taste Tea & Coffee House, a highly rated and well established business opportunity in Saltburn-by-the-Sea, North Yorkshire.
Taste Tea & Coffee House was originally established by our client in 2017, and has built up an excellent reputation and loyal client base during its time of trading.
The business has now come to the open market due to our clients desire to pursue other business interests.
Taste Tea & Coffee House is known to be one of the best in the area.
The coffee shop/cafe offers the following services -
- Freshly ground coffee from grinder to professional barista coffee machine
- Hot chocolates, teas, iced coffees.
- Scones, cakes and desserts.
- Freshly made panini and toasted sandwiches with side salads
- Hearty soups, locally baked artisan pies & daily specials
- Seasonal menu offers
- Retail gift bags, cake boxes & coffee to takeaway
- Constant 5 Star Reviews Across All Online Platforms - TripAdvisor, Google, etc.
- Deceptively large unit arranged over 2 floors
- Experienced team in place
- Extend current opening hours
- Add an alcohol menu
- Evening bistro menu
- Outside catering
- Local deliveries
- Reduce supplier costs
We are advised that the business has 10 members of staff.
The current trading hours are -
Monday to Sunday - 9:00am - 4:00pm
Taste Tea & Coffee House is located on Dundas Street East, in the heart of Saltburn-by-the-Sea.
The business has eye catching signage and receives high levels of footfall and passing trade.
The Cafe/Coffee Shop occupies a traditional mid terraced stone unit, which is set over 2 floors with over 40 covers. There is also a small pavement terrace area for an additional 4-6 people.
Ground floor -
- Service counter
- Sitting area for 10-15
- Storeroom
- Toilet facilities
- Dishwashing area
- Lounge area – choice of low comfortable sofas and table seating for 25-30
- Store area for freezers & fridges
Tenure
We are advised that the business is being sold on a Leasehold Basis, with a new 5 year lease to be made available for the buyer. The rent is £833 per month.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
