Maldon Essex Fabric Retailer & Stylish Coffee Shop For Sale

Business description

A well regarded Fabric & Accessory Retailer and stylish Coffee Shop. The Fabric Shop has been trading from this location for some 20 years, and during that time has built up an enviable level of local goodwill. Our Client, who operates a much more substantial Fabric business, is prepared to provide any purchaser with a direct line of product supply. In 2006, our Client converted the front portion of the premises to what is now a very stylish and well used Coffee Shop, from which Coffee & Tea are available, together with a selection of Pastries, Cakes, Hot Baked Potatoes and other sundry items. This latter part of the business is ancillary to the retail element. We believe that this represents an exciting and first class opportunity for a reasonably local husband & wife team or other two person partnership, to further develop both elements of the business.

Property information

Property:

Leasehold

Lease terms:

Leasehold. 8 years from 29th November 2004. There are no further rent reviews.

Leasehold rent:

£15,000 per annum

Location:

Maldon is a town on the Blackwater estuary in Essex, England. It is the seat of the Maldon district and starting point of the Chelmer and Blackwater Navigation. Maldon's name comes from Mael meaning 'meeting place' and dun meaning 'hill', so translated as "meeting place on the hill". Maldon is known throughout the country and in many parts of the world as the foremost modern-day centre for Thames sailing barges. The badge of Maldon District itself is a Thames sailing barge. These are among the last cargo vessels in the world still operating under sail, albeit now used in the spheres of education and leisure. Some ten to fifteen of the surviving fleet count Maldon as their home port, and many others are regular visitors alongside at the Hythe quay. An annual sailing barge race ends with a parade of sail and prize-giving at the quay. The yard where barges were once built is still working at the end of Maldon quay. The town holds an annual "Taxi Day" which sees mentally and physically disabled children from London driven to Maldon in London Black Cabs for a fun day of activities and a meal. The event dates back to 1952 when a London cab driver visited the Elizabeth Fry Special School in Plaistow. He wanted to do something special for the young patients he saw there. He wrote to every one of Essex's sea side towns to arrange an outing and the only town that was willing to help was Maldon, thus Taxi Day has remained a tradition ever since. Every year around New Year's Day, the town holds the charitable Maldon mud race where competitors race across the Blackwater estuary at low tide, along the bank and back through the water. Each year, on the first two Thursdays in December the town holds a special evening known as Victorian Evening which celebrates the Victorian times. Local people dress up in typical Victorian attire and run stalls selling traditional food and handmade items. On these evening's the local shops and restaurants stay open late to allow the public to shop for longer.

Premises details:

Ground Floor: Coffee Shop in approx 400 sq.ft. with seating at tables and chairs for 8 plus another 6 on stools.
Retail Fabric Shop in approx 500 sq.ft. Rear Office with access to rear hard standing/car parking area.
Outside: Rear Store incorporating a WC with WHB.

Business Operation

Trading hours:

Open from Monday to Saturday from 9am, the Coffee Shop closing at 4pm and the Fabric Shop at 5pm.