Cafe for sale

Coopers Tea Rooms and Coffee House, Post House Wynd, Darlington, County Durham, England, DL3 7LP

£33,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established and respected business
  • Town centre location off market square
  • Consistent trade levels over last 8 years
  • Advised t/o year ended November 2015 264,026
  • 2 trading floors 70 total + kitchen/ancillary
  • Option to create a new, longer lease if preferred. Energy Rating D

Full description

Tenure: Leasehold

Description

Well established tea rooms and coffee house with ground floor and basement retail trading areas.
This is a popular town centre business off the market square, with a great reputation in the centre of Darlington.

Location

Coopers Tea Rooms and Coffee Shop is located on Post House Wynd in the centre of Darlington. This busy common walkway is just off the town's main market square and links Skinnergate and High Row. The Cornhill Shopping Centre is just 100 metres away with a wide variety of shops, amenities, bars, restaurants and several other cafes.

Internal Details

The ground 479 sq ft ground floor room has seating for 24 with main service counter and the staircase leading to the basement.

The basement room has seating for a further 40.

The commercial kitchen on the ground floor to the rear of the service counter is well equipped.

• First floor toilets
• Staff room
• Staff toilets
• Office
• Store

New lease option

We are advised by our clients that the purchaser of the business will be offered a new 15 year lease at an initial rental of £26,600 with rent reviews every three years.

The Opportunity

Our clients have owned the business since 2007 and in that time they have maintained and improved the trade levels while also establishing and enhancing the reputation of the business which is now highly regarded.
Our clients are looking to sell to pursue semi retirement.

Trading Information

Dec 07 - Nov 08 £221,040
Dec 08 - Nov 09 £260,697
Dec 09 - Nov 10 £268,189
Dec 10 - Nov 11 £303,395
Dec 11 - Nov 12 £293,622
Dec 12 - Nov 13 £272,186
Dec 13 - Nov 14 £267,302
Dec 14 - Nov 15 £264,026

Including VAT

Business Rates

We are advised that the Rateable Value of the property has been reduced from £24,750 to £18,500 which will result in a rates bill of £9,774 in 2017.


More information from this agent

Nearest stations

  • Darlington (0.5 mi)
  • North Road (0.7 mi)
  • Dinsdale (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Darlington (0.5 mi)
  • North Road (0.7 mi)
  • Dinsdale (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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