Property description

An excellent commercial opportunity to acquire a most charming, double fronted, ground floor, High Street coffee shop. Boasting a wealth of character and occupying a superb High Street location situated central to the thriving historic town. The coffee shop accommodation includes; Fully furnished cosy seating areas, food preparation room, rear entrance lobby and cloakroom. High street pavement seating with potential for additional outside seating to the rear and potential upper level storage space.

£35,000
(for ongoing concern, goodwill, fixtures, fittings
and new lease)

Property Reference ALC-12SG10DR

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Ground Floor

Introduction
Alcester is a picturesque and historic market town, which benefits from a variety of local shops, sporting, social and cultural facilities and is ideally located for commuting to the larger towns of Stratford-upon-Avon, Redditch, Evesham and the NEC and Birmingham airport together with easy access to the M40, M42 and M5/M6 motorway network.

Business Description
Well known for its superb coffee, locally-baked and own-baked cakes and pastries, this High Street Coffee Shop enjoys an advantageous position on the High Street of a busy market town. Situated close to the main post office and with buses stopping almost outside the front door, its traditional double-frontage with pavement seating offers great opportunities for passing trade to complement the regular clientele.

Established in 2012, it has been run day to day by the owners with one full time and three part time staff and offers mixed seating of sofas, armchairs and dining tables in a contemporary environment.

All fixtures and fittings are regularly serviced and maintained and there is plenty of storage as well as the 22 cover sales space.

Currently trading from 9.00 a.m. until 5 p.m., Monday to Saturday, there is scope to extend these hours and also further potential in a paved rear ?garden? area that could be developed into further seating/customer space. The frequent Sunday events on the High Street add to the regular turnover and enhance the business potential.

Turnover has increased year on year since opening, by about 10% per annum and there is no reason that this cannot continue with the ongoing growth of the town.

The reason for sale is that the owners wish to retire and confine their time to other business interests.

Financial Information
FINANCIAL INFORMATION

Turnover

£105,000.00

Stock Value

£1,000.00

Leasehold

Rent per annum: £12,000.00

Rates

£6,350.00



Floor Plans

These floor plans are for identification purposes only in relation to where one room is situated to another. They are not to be relied upon in any way for dimensions or scaling.