Coffee Shop And Restaurant In Rushden For Sale

Business description

COFFEE SHOP AND RESTAURANT - NORTHAMPTONSHIRE
Early interest and viewing is highly recommended
Leasehold with low annual rent of £9,000
Business to include all fixtures & fittings
Ideal for husband and wife partnership
Advised annual turnover of £50,208
Town centre location in Rushden
Potential for evening openings
Courtyard location
Genuine sale
LEASEHOLD


Business History

We are delighted to offer to the market this well-appointed coffee shop and restaurant which has been established for 3 years and has been in the careful hands of our client for the previous 18 months.

This superb concern is run by our client and her mother with an additional Saturday helper. Sadly her mum wishes to retire and our client does not want to continue without her, so regrettably this is being offered to the market.

Since our client took ownership of the business she has continually invested in high quality equipment, fixtures and fittings which are all included within the sale price. Our client informs us that they have an annual turnover of £50,208 which is derived from the popular hot and cold menu offering coffees, teas, breakfasts, hot meals and sandwiches, they also have 2 clients that they provide outside catering for.

Our clients have an excellent level of repeat business and also benefit from passing trade and we believe that there is further scope to increase turnover by introducing additional opening hours, as such early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 7½ years
Review: Every 3 years
Rent: £9,000pa
Bond: £4,500 to be paid to landlord

Location:

This superb coffee shop and restaurant is located just off the main high street in Rushden. It has a central location and is only 4 miles from Wellingborough, 8 miles from Northampton and 9 miles from Bedford, it has easy access to the A6, A45, A14, A509 and M1 motorway. Rushden is a town and civil parish in the county of Northamptonshire, England. The parish of Rushden covers an area of some 3,777 acres (15.28 km2) and is part of the district of East Northamptonshire. The population of Rushden was estimated at around 28,368, making it the fifth largest town in the county. The Rushden-Higham urban area, which includes the adjoining town of Higham Ferrers has an estimated population of 35,572.

Premises details:

Well presented semi detached coffee shop and restaurant, courtyard location just off the High Street, briefly comprising:

Ground Floor
Door leading coffee shop with chilled serve over, counter, sink, cas register, coffee machine, fridge and fitted units.

Gents toilets
Ladies toilets

Catering kitchen with commercial 6 burner gas hob and oven, double sink, dishwasher, fridges and freezers.

External
External seating for 20
Rear bin area
Owners' parking for 1