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Coffee Shop / Tearoom In Bournemouth Town Centre For Sale

Bournemouth, Dorset, UK
Asking Price:
£95,000 Furniture / Fixtures included
Sales Revenue:
£165,000
Cash Flow:
£85,000

A unique opportunity to purchase an extremely low rent, profitable busy independent coffee shop with regular, loyal clientele. Central Bournemouth location with affluent customer base. Fitted and equipped to a high standard by the current operator. Attractive annual rent for City Centre premises with £30K annual rental income. Currently operating daytime hours only (could open evenings). Benefits from a Premises Licence to serve alcohol. Retirement/ill health forces sale.

Location
Bournemouth is a popular, attractive and affluent Beach City. The City itself is a very popular tourist destination with its seaside resort towns. The University of Bournemouth and 7 miles of sandy beaches draw a large number of students and visitors to the City..
the business benefits from several parking spaces in its private car park

The property comprises a two storey unit with additional basement storage in a row of terraced retail premises.

The unit itself has a prominent frontage with large windows highlighting the contemporary and comfortable coffee shop fit out. The signage is prominent on the kerbside attracting passers-by. the business benefits from 5 rental accommodations on upper floor generating 30,000 income annually.

Internally there are 32 cover and the fit out has been carefully considered by the current owners furnished with mismatch and fashionable manner. The ground floor houses the servery counter and cake stands whilst the kitchen is located at the back

Trading & business
The opening hours can vary but the current opening times are Monday-Saturday 9am-5pm and Sunday 10am-4pm and closed on Tuesdays. The option to open later and serve a dinner menu is also available which will of course will triple turnover.

The business has been trading for over 11 years and is operated by the current owners, a manager and 2 part time staff members. The level of turnover is healthy for a business of this size as are the net profits. Accounts are available on request.


The equipment is all owned and in working order with the most noticeable being the fryers, grills, sink with double basins, dishwasher, microwave ovens, fridge freezers and extraction system.

The business has an exceptional following and a loyal customer base. This is apparent on Google with a 4.4 star rating out of 5 and 5 star food hygiene rate

it is a Leasehold business. The new 10 years lease started on September 2021, at a current rent of £11,000 per annum, exclusive, payable quarterly in advance.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

10 years from September 2021. Renewable

Leasehold Rent:

£11,000 per annum

Living Accommodation:

4 Rental double rooms and 1 studio flat

Location:

Bournemouth

Premises Details:

A pretty and busy coffee shop/restaurant with capacity of 32 seats in heart of Bournemouth with 30K annual rental income.

Planning Consent:

yes

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Yes

Competition / Market:

Zero

Reasons for selling:

Retirement

Trading hours:

9am to 5pm

Employees:
3
Years established:
2011

Other Information

Website:
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Related Documents:
Relocatable:
This business can be relocated.

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