Busy Coffee Shop And Delicatessen In Taunton Somerset

Taunton, Somerset
Price: £ 120,000
business for sale
Seller Reference: 3535
Asking Price: £105,000
Net Profit:
Sales Revenue: £183,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold

Business Summary

Preferred Commercial is delighted to offer for sale this busy coffee shop and delicatessen, which was established in 2002 and which is only now being offered to the market due to our client’s wish for a change in career. The business trades 6 days a week and generates a turnover in the region of £183,000 per annum with a gross profit of 53.2%. Our client offers a wide range of high quality food, including a café menu, fine cheeses, olives, chutneys, jams, oils, fresh sandwiches and gift hampers. We feel the turnover could be further increased by embarking on a modest marketing campaign to promote the business further. There is also scope to establish a website advertising products offered. A new owner could, if required, establish a delivery service to the local area. The business has an enviable reputation and a loyal customer base, enjoying much repeat trade. The property has been fitted to a high standard and is well-presented throughout. This is an ideal opportunity to acquire an already popular coffee shop and delicatessen with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Busy coffee shop and delicatessen, which was established in 2002 and which is only now being offered to the market due to our client's wish for a chan...

Property Infomation

  Property: Leasehold
 
  Lease Terms: Original length: 11 years
Remaining: 9 years
Review: every 3 years
Rent: £24,000 per annum
 
  Current Rent: £24,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 2-storey lock-up café premises in a town centre location. Briefly comprising:

Ground Floor
� Shop area with counter display, chilled display area, ice cream freezer, shelving, central display aisle, electronic cash register, scales, butchers block, coffee machine and chest freezer
� Commercial kitchen with chest freezer, 2 x refrigerators, oven, hob, preparation table, double sink unit and dishwasher

First Floor
� Café with tables and chairs for up to 30 covers, display counter, coffee grinder, preparation surfaces and wash hand basin

External
� Frontage onto busy high street
 
  Location: The Olive Tree occupies substantial 2-storey premises, ideally located in a busy parade of shops in Taunton, Somerset. The premises benefit from a prominent trading position close to the River Tone in the heart of the town. There is ample parking in the vicinity and a wealth of complementary shops and businesses. There is a bus stop on the same road as the property and a railway station within easy walking distance. The premises are easily accessed via the A-road network and the M5 motorway. Taunton is the county town of Somerset and is famous for Taunton Castle, St James' Church and Somerset County Cricket Ground and home to 40 Commando, Royal Marines. The town is a desirable place in which to live and work. Bridgwater is approximately 10 miles to the north, while Exeter lies 31 miles away.

Other Details

  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No