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Cafe for sale

Layton Road, Blackpool, Lancashire, FY3

Leasehold 75 sq. m. | £34,950

Property Description

Commercial information

  • Business for sale
  • 807 sq ft (75 sq m)

Key features

  • REF 12430
  • LEASEHOLD
  • CAFE

Full description

LOCATION
The business is located in the largely residential area of Layton, Blackpool, Lancashire.

Sue's CuriosiTea & Coffee Shop is located in a prominent position on the main road in the heart of Layton, positioned amongst a busy parade of shops and adjoining a Co-Op supermarket with constant high levels of footfall and passing traffic throughout the day.

Layton is approximately one mile from the famous seaside resort of Blackpool, attracting thousands of visitors year on year. The business is located on a busy bus route with bus stop just a short walk away.

BUSINESS
Hilton Smythe are delighted to introduce to the market Sues CuriosiTea and Coffee Shop. Established in 2010 the business has been successfully run by our client since inception in 2013 and sees a high level of repeat custom from local residents and is very well known in the area.

The business offers a great selection of specialist teas and coffees, hot and cold meals, breakfasts, snacks, Afternoon Teas and a wide choice of delicious home-made cakes. The café is immaculately presented and fully equipped to suit the trade and has colourful décor to the walls, boasting 26 covers with a further 24 covers on the front forecourt used in the warmer months and highly attractive to passing trade. The business reports turnover at £56,000 for this financial year with a gross profit at circa 66%.

In addition the business provides a popular outside catering service for special occasions and business lunches. We believe with a modest marketing campaign this arm of the business could be could be developed further and normally proven to be very lucrative. The business already has a presence on social media with over 1500 likes on Facebook and rave reviews on TripAdvisor.

This is a great business in walk in condition within a fantastic location and we would urge early viewing, with the business coming to the market due to our clients other business interests.

PREMISES
Mid parade premise briefly comprising:-

Vibrant signage with 24 covers on the front forecourt.

Main café area with open plan counter and tea/coffee serving area. Tables and chairs for 26 covers. Further back there is a fully fitted stainless steel kitchen. Small pot wash area to rear of premises

Staff toilet and a customer toilets at the rear.

Equipment includes:- chiller display glass fronted cabinet, Fracino specialist coffee machine, coffee grinder, commercial glasswasher, griddle, 2 microwaves, double oven, Bain Marie, commercial toaster, commercial panini machine, chest freezer, 2 small freezers, 3 fridges, deep fat fryer, large drinks chiller cabinet and till.

At the back there is a small yard, with a brick outhouse, predominantly used for storage.

TENURE
We are advised leasehold
The original lease length is 5 years
As of 2016 2.5 years remain on the lease
Rent is £500 per calendar month.

HOURS
The business opens:-
Monday to Saturday 7.00am - 4.00pm

STAFF
The business is owner run and managed with the assistance of 1 member of staff.

FINANCIAL PROFILE
The business reports turnover at £56,000 per annum with gross profit at circa 60%.



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