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Coffee & Cake Shop

Sunderland £34,950 Leasehold (fees apply) REF: NE1325

Location:

This business is located within a busy parade on the main road running north / south through Grangetown from the City centre.  Grangetown is now a developing and popular suburb with a range of retail, commercial and leisure accommodation serving a densely populated residential area. Nearby occupiers include a Post Office and the premises are opposite a busy bus stop interchange.

Business:

A coffee house business has been trading from the site since 2016 but has been placed on the market as the owners wish to spend more time with their family.

The property was fully refurbished in 2016 and then opened as an up market coffee house and tea rooms.  In the last 9 months the business has developed further and whilst the menu comprises a broad range of hot and cold drinks, snacks and sandwiches the business is now renowned for its home-made cakes. The business attracts customers that includes residents, families, local workers and young mothers and people travel from throughout the region to sample the produce.  The clients also take private functions including birthdays, baby showers and christenings.  There is scope to open longer hours and on a Sunday where a lunch service is likely to prove very popular.

The premises are attractively laid out over two floors and the ground floor offers a service area with tables and chairs for up to 20 covers plus a kitchen.  To the first floor there is another space, ideal for private parties, which provides another 20 covers plus toilet facilities and overall the fit and finish is to a high standard.

An early viewing is recommended to appreciate this rare opportunity and the unutilised potential of the business.

Premises:

Comprises a self-contained two storey building;

Ground Floor 

Dining/Service Area circa 779 sq.ft. (72.4 sq.m) nice  décor throughout with tables and chairs for 20 covers, serve over counters, drinks chillers, coffee machine and grinder plus other associated equipment.

Kitchen circa 138 sq.ft. (12.8 sq.m) with convection oven, extraction system, 20 litre Hobart mixer, 3 door counter top fridge, 5 burner gas oven, grill, double sink and dishwasher.

First Floor

Private Dining Room circa 263 sq.ft. (24.5 sq.m) with covers for up to 20.

Separate Ladies / Gents Toilets

Staff:

The business is currently operated by the owner with the help of part time staff.

Current Opening Hours:

Sunday & Monday                         Closed

Tuesday - Saturday             8.30am - 4.00pm

Tenure:

The premises are held on a 5 year lease at a current rent of £8,000 per annum.  At the 3rd anniversary the rent will increase to £9,000 per annum.  The lease is outside the Landlord and Tenant Act.

Rates:

We are verbally informed that the premises are assessed as follows:

RATEABLE VALUE    £2,700

Rates free incentives may be available subject to status.

EPC:

Rating - C.  If you require sight of the Energy Performance Certificate prior to making a viewing appointment then please get in touch with this office.

 

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

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