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Licensed Coffee Shop, Furbished 2017: Conwy, Clwyd For Sale

Conwy, Clwyd
Freehold Price:
£129,000 Furniture / Fixtures included
Lease Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
£57,200
Cash Flow:
Available on request

Immaculately Presented / Fully Furbished 2017
Busy Trading Location / Former Library
Annual Turnover £57,200
Presented To a Very High Standard
Freehold OR Leasehold Available
Alcohol Licence In Place
Closed Mondays & Sundays
Demand To Extend Hours
Family Business / No Staff
EPC - G

REF 6505 – Leasehold Licensed Coffee Shop

Blacks Brokers are pleased to bring to the market this leasehold licensed coffee shop located in the much sought-after area of Llandudno Junction, Conwy.

INTRODUCTION

Chapter 2 Coffee Shop has been trading from The Old Library since August 2017 when our client established the business to meet local demand for a quality coffee shop of this type in this area. Our client also liked the iconic nature of the building which is close to the main street but not on it and offers something different from the more run of the mill establishments of the same industry. The business has soon become a well known and popular business within this area, gaining a large customer base of regulars from the sheltered accommodation flats next door, exercise classes held a few minutes away and others whom enjoy a quiet read over a coffee and cake. Our client has created a beautiful environment for locals as well as offering private parties (baby showers, birthday parties, leaving parties and so on) which has proven popular – this is an area that could be expanded further. Chapter 2 Coffee Shop has nearly 800 likes on Facebook which provides the business with ample opportunities to “sell itself” in addition to gaining over fifty five star reviews. There is a comprehensive website in place and the business has fantastic reviews noted on Trip Advisor and Google.

LOCATION

Llandudno Junction has a population of over 6,000. The area is well linked by the A55 and A470, public transport links are excellent and parking is available in the immediate vicinity. The business is located on the main route from Llandudno junctions largest residential area into the town with Llandudno Junction Train Statin within a ten minute walk. The medieval town of Conwy is only a five minute drive and the resort of Llandudno only fifteen minutes away. Other businesses close by include large car showrooms, and a new Welsh Assembly Government building.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operating team/partnership but is currently operating on short hours due to the demands of our client's other business interests and family commitments being higher than anticipated.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. A new lease will be offered by our client.

STAFF

The business is currently operating with our two clients only in employment. Occasional casual help is brought in during peak periods.

FINANCIAL DETAILS

Chapter 2 Coffee House has traded solidly since opening in 2017. We are advised that the business currently has annual turnover of £57,200. Full financial details are available upon viewing. It is to be stressed that the business is currently being run at a pace to suit our client’s family lifestyle and there is scope and demand to extend opening hours.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position in a busy residential area close to popular tourist areas and large workplaces. Trade is steady all year round. There is plenty of scope to develop the business further simply with longer opening hours and days, however there is also potential to cater for local events, businesses and drive the private event opportunities for parties and celebrations. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property information

Property:

Available as freehold and leasehold

Business Operation

Trading hours:

Mon: Closed
Tue: 9am – 5pm
Wed: 9am – 5pm
Thu: 9am – 5pm
Fri: 9am –4pm
Sat: 9am – 3pm
Sun: Closed

Other Information

Leasehold asking price:
On request - Furniture / Fixtures included

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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