For Sale
Reputable Coffee Shop For Sale
Selkirk, Selkirkshire
- Asking Price: £17,500 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £65,000 as of 2020, further financial information can be made available upon request.
Please quote reference B06570
- Tenure: Leasehold
Please quote reference B06570
Hilton Smythe is delighted to welcome to the market a well-established Leasehold café in the popular Scottish Borders town of Selkirk.
Courthouse Coffee Shop has been under the careful and meticulous ownership of our client for a number of years, building up an enviable reputation not just locally but also further afield, a true testament to the calibre of business on offer. The business is now being offered for sale as it’s our clients desire to focus on other business commitments.
The business offers quality fayre in a pleasant and relaxed setting, offering a selection of light lunches, including toasties, salads and sandwiches, home baking, gluten and dairy free selections, outside catering service and hot and cold drinks, all backed up with some excellent online reviews.
We feel there is scope to increase the turnover perhaps with a new owner embarking on a modest marketing campaign to highlight the excellent produce and services offered, along with the use of social media platforms, and with the possible introduction of a dedicated website to help further promote the business and could also look to extend the current trading hours to help increase turnover.
All fixtures and fittings are to be included in the sale.
Kitchen
- Soup kettle
- Stainless steel prep counter with shelves
- Toastie grill
- 2 x tall freezer
- Tall fridge
- Mini fridge
- Kenwood mixer
- Dishwasher
- Microwave
- Baking tins/trays/sheets
- Plates & crockery
- Milk fridge
- Hot water heater (plumbed)
- Fraccino 2 Group Head Coffee Machine
- Coffee grinder
- Glass fronted drinks fridge
- 4 x extendable tables & chairs
- Round table & 4 matching chairs
- Coffee table & 2 bucket chairs
- 2 x highchair
- Hettie vacuum cleaner
- Karcher window vacuum
- 2 x oil filled radiators
- Oil filled heater
- Fan heater
- Teapots, strainers, cafetières, crockery, cutlery, tea sets, coffee cups/glasses
The business is owner managed and run with the help of 1 part time staff member.
The business trading hours are as followed:
Monday & Tuesday - Closed
Wednesday to Sunday - 10:00am - 15:30pm
The business is located in the heart of Selkirk town centre, in a prime trading location just below Sir Walter Scott’s courthouse building leading to a good level of footfall and passing trade.
The Royal Burgh of Selkirk is a popular town that is centrally located within the Scottish Borders, some 54 miles from Carlisle, and 38 miles south of Edinburgh on the main A7 Edinburgh to Carlisle road.
The business is located within a category A listed building dating back to 1804 and briefly comprises of a good-sized, well-equipped kitchen area to the rear of the premises, the barista area is located in the middle of the premises, with ample casual seating, with additional seating area located to the front with a selection of tables and chairs that look out over the town centre.
The business further benefits from being able to cater for outdoor customers as it has additional seating to both the front and to the rear in the courtyard area.
The business is well presented and can be found in true turnkey condition.
Tenure
We are advised the business is being sold on a Leasehold basis starting on an initial period of one year and year to year thereafter , the new lease holder must be approved by the landlord prior to assignation of the lease. The rent is £466 per month
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
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.
