Property description
Leasehold Tea Room and Coffee Shop with A3 permission in a great location in Whitley Bay. Good levels of passing trade and free parking. Spacipous property with potential to increase sales area and/or provide catering facilities. Only £28,500 although serious offers will be considered.
Location
The business is very suitably located in a prominent position within a shopping parade. There is ample free parking and complimentary neighbouring businesses. The surrounding area is densely populated with the majority of homes being privately owned.
Property Description
The premises are spacious and are well suited to the use. However, there is ample space to the rear of the property in order to facilitate a remodelling of the property. Currently there is retail/dining space to the front with a servery. To the rear of this is a kitchen and subsequently a large garage. The garage could be converted into a kitchen without too much work. This could then provide the main kitchen for the business or could be a further kitchen to enable outside catering facilities to be introduced.There is a disabled w.c and storage also.
The Business
Currently trading as a tea room and coffee shop this is an ideal first time business for someone with drive and motivation to continue the trade and perhaps grow the business to offer other income streams. Our client is selling in order to relocate within the UK and is genuinely keen to see the business go into good hands.The business retails a range of hot and cold food and beverages, snacks and cakes.The customer dining area is attractively set out and has seating internally for around 18 and a further 6 externally. The décor is light and attractive, making this a welcoming environment.The serving area has an ExpoBar 2 station coffee machine, coffee bean grinder and a cash register as well as under counter refrigeration.The prep kitchen has ample worktops and storage as well as a twin stainless steel sink, a wall mounted electric water heater, freezer and oven.The garage to the rear has a sealed concrete floor and horizontal sliding doors for access. There is light and power to this area..
Trading Information
The trading figures will be made available to all serious purchasers. However, turnover is good and there are profits from trade.
Planning
We have been informed by our client that the premises has A3 consent (restricted) which allows for the premises to serve hot and cold food for consumption on the premises. The permitted opening hours are Monday to Sunday 8am - 5pm
Opening Hours
The business currently trades Mon - Sat 9am until 4pm. This allows for extra hours through the week as well as Sunday opening
Staff
The business is operated by our client with the assistance of 1 part time member of staff who works 3 hours per day 5 days per week.
Tenure
The property is leasehold. The current term expires in 2021. Current rent is £8,000pa.
Rateable Value
The 2010 rateable value as shown on www.voa.gov.uk is £5,500 . The current multiplier is 43.3p in each £. Check with the local authority to see if there are any discounts or relief available to you.
Viewing
All viewings by prior arrangement with Roberts Commercial @ Secret Key. On no account attempt to view without an appointment. Call 0191 280 3285 or 0191 257 8888
Property Features :
- Leasehold Coffee Shop/Tea Rooms
- Positioned Within a Shopping Parade
- Complimentary Neighbouring Businesses
- Ample Free Parking
- Densley Populated Residential area