Commercial Property For Sale and For Rent in the UK
Alphabet Soup, Blyth, Northumberland
Sale Agreed
Marketed by Renown Commercial Ltd, in Businesses For Sale,
In the Region Of £16,950.00 per annum
Leasehold Property
- Address:
- 13 Bowes Street
- Blyth
- Northumberland
- NE24 1BD
Well established cafe which also sells books and small gifts.
Close to Blyth town centre and surrounded by other retail outlets, the business has been trading for 9 years and has shown consistent trading during that period.
Business is realistically priced to achieve a sale as owner is emigrating later this year, but opportunities exist to expand current opening hours and to provide outside catering.
PREMISES
Single storey ground floor retail premises comprising furnished customer space (approx 5m x 9m), with fully stocked bookcases and gift displays to the front of the premises.
To the rear are kitchen / preparation area, separate toilet and store room. Access to a small back yard is via the rear of the kitchen. All fixtures and fittings are included in the sale including kitchen equipment, refrigerated display counter and a separate drinks display cabinet.
PLEASE NOTE THE FRONTAGE OF THE PROPERTY IS DUE TO BE COMPLETELY RENOVATED WITH NEW, BRICKWORK, WINDOWS AND DOORS FITTED.
BUSINESS INFORMATION
Trading since 2000, this business sells teas, coffees as well as a good range of freshly made hot and cold food dishes.
There is space for 34 covers in the customer area. There is a very small outside catering element to the business, whilst it also sells second hand books and gifts.
LOCATION
The premises are located at the eastern end of Bowes Street, near to the Blyth town centre, the market place and the Keel Row shopping centre.
TENURE
The premises are currently leased on an annual rent of £4,000. We are advised there is an unexpired term of 3.5 years on this lease. Potential purchasers are recommended to seek legal advice on the matters relating to the lease.
CURRENT OPENING TIMES
9.30 am - 4.00 pm (Mon - Sat)
9.30 am - 3.00 pm (Wed)
STAFF
In addition to the existing owner, there are 3 staff employed by the business. They are employed on a part time basis.
FINANCIAL INFORMATION
Accounts are held to March 2007, but turnover in the intervening period is around £50k per annum. Up to date accounts are expected shortly.
SUMMARY
A nice little business which presents a good opportunity for a new buyer to build on its existing reputation and add their own identity to it. Well established and located, this represents an ideal purchase for someone looking to run their own cafe / coffee shop and is realistically priced to achieve a sale.
Well worth a look!
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