Hilton Smythe is delighted to welcome to the market this popular tea and coffee shop business, which is ideally located within the town of Hunstanton, Norfolk.
The business was established by our client in 2014 and is only now being offered to the market, due to our client's' desire for semi-retirement and other interests. The business currently operates 5 days per week in the winter months and 6 days per week between spring and November, generating a turnover in the region of £33,000 per annum, with a gross profit of approximately 67%, as per the 2016 accounts.
Our client offers a wide variety of fayre including soups, Panini's, toasties, sandwiches, cakes, tea cakes and cookies, as well as a selection of hot and cold beverages and milkshakes. The property boasts 52 sq. metres of floor space with 26 covers internally and 10 external covers. The shop is very well maintained and decorated to a very high standard.
The business has built up an excellent reputation within the area for the high quality of the goods offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by offering a hot food menu and increasing the opening hours. A new owner could also embark on a modest marketing campaign to highlight the food and services offered, as well as marketing the business on social media websites, such as Facebook and Twitter.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.
TENUREWe are advised Leasehold:
Original lease length: 7 years
Remaining lease length: 1 year, as of 2017
Rent: £9,000 per annum
HOURSThe business is open:
Tuesday - Friday: 9.30am - 3.30pm
Saturday - Sunday: 10.00am - 4.00pm
STAFFThe business is owner run and managed.
FINANCIAL PROFILEThe business generates a turnover in the region of £33,000 per annum, with a gross profit of approximately 67%, as per the 2016 accounts.
Crafty Cuppa occupies substantial ground floor corner premises, ideally located within the town of Hunstanton in Norfolk. The business is located on the busy Westgate and is surrounded by a wealth of complimentary shops and businesses, as well as residential properties, from which the business derives much trade. The business benefits from a high volume of footfall and passing trade, with excellent car parking facilities within the area.
Hunstanton is a seaside town in Norfolk. According to the 2011 census, the town had a residential population of 4,229. Hunstanton is a traditional family resort and tourist destination for day-trippers and holiday makers. The town has regular markets on Wednesdays and Sundays, selling fresh fish, fresh fruit and vegetables. The excellent beach offers ideal conditions for playing on the sand, exploring rock pools and enjoying the sea.
The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is King's Lynn, which is approximately 13 miles away. The area is also well served by the A-roads, with the A149 being within easy driving distance, which links to the national A-road and motorway networks. Downham Market is approximately 25 miles away and Wisbech is 29 miles away.
Substantial ground floor corner premises, in an ideal trading location, briefly comprising:
Tea room with:
Triple aspect windows.
Tables and chairs.
Serve over counter with:
Solid beach worktop with under shelving.
Under counter refrigerator.
Electronic cash register.
Stainless steel coffee machine.
3 x stainless steel preparation tables.
Worktop with under storage.
Wash hand basin.
2 x Panini presses.
2 x four slice toasters.
Shmoo milkshake maker.
Cooker with oven and two burners.
2 x microwave ovens.
Utility room with stainless steel sink unit with under cupboard and hot water heater.
WC with wash hand basin.
Rear access with gate.
Front area used by current owners for tables and chairs.