Status: Completed
Tenure: Leasehold
Leasehold Rent: £8,992 per annum
Turnover: £19,338
Fantastic Traditional Coffee Shop In A Quaint TownFantastic Traditional Coffee Shop In A Quaint TownFantastic Traditional Coffee Shop In A Quaint Town
£37,700 + SAV

Fantastic Traditional Coffee Shop In A Quaint Town

Completed
  • Reference: 2668 D
  • Location: Ampthill, Bedfordshire
Hilton Smythe are delighted to welcome to the market The Old Coffee Shop a long established coffee shop, in a quaint and charming town.

Established in 2003 the business is very popular within the area and has many loyal customers. Our client is now reluctantly putting the business on the market due to a well-deserved retirement. Working hard, but run at a steady pace to suit our clients, the business could boost its turnover by increasing the opening hours.

The current advised turnover is £19,338 per annum, with a gross profit of 75%. With more hours put in to the business by the new owner, the already high turnover could be further increased.

This coffee shop sells high quality food and drink with a fantastic service. The business offers food, from a range of breakfasts, snacks, soups and also amazing homemade cakes and pastries. The business has fantastic reviews on TripAdvisor and many other websites. One of the comments describes the coffee shop as "Best Café in Ampthill."

This business offers covers of 17 in the café area, with an option to sit outside. The business can cater for any weather.

With a loyal customer base, great area and fantastic turnover, this business should not be over looked, and I highly recommend an early viewing to avoid disappointment.

TENURE

We are advised that the business is Leasehold
New lease available
Rent to be advised

HOURS

Business opening times-

Monday-Saturday: 9:30am-2:30pm
Sunday- Closed

STAFF

The business is run and managed by our client with the help of 2 part time members of staff. The weekly wage bill is £100.

FINANCIAL PROFILE

We are advised the turnover for the business is around £19,338 per annum
With a gross profit of 75%
The Old Coffee Shop is in the town centre location of Ampthill, a small town in Bedfordshire with a population of around 6,000. This town holds regular markets on Thursdays, which attracts a lot of footfall to the area.

This quaint road is a prime location for passing trade, with a large amount of footfall this business has a lot of custom. Close by to a free car park, the business benefits from an increase of customers who can relax in this charming coffee shop; without having to rush back to their car for the parking.

Surrounded by many other traditional shops the business fits in well with the feel of the town. The shop shares an entrance with a bookshop, which is a perfect combination. In the area is a family bakery, jewellers, convenience store and many more including a wine merchants.

The area is very enticing, and is the perfect place to relax with a nice hot drink. Ampthill is known for its small family run businesses, with few larger companies just on the outskirts of the town.

There is many bus stops located on this road heading out to other towns around the area. Allowing more potential customers into this town. The road leads through to Woburn Road A507, a main A road that connects most surrounding towns.
This reasonable sized premises is a grade II listed building, very traditional and blends in perfectly with the rest of the town. The front of the business is charming and very historic looking. With a shared entrance to the adjacent business this is a very attractive property.

The café area, is bright and airy and has a traditional feel. With a refrigerated serve over unit, displaying cakes and pastries the café has a warm feel. In the corner there is a display shelf advertising the different teas the business sells.

The service counter has the following equipment-
Till
Coffee machine
Coffee grinder
Small fridge

The kitchen is to the rear of the property and is small but well laid out.
Equipment-

4 x ring cooker
s/s wash basin
1 x bowl sink unit
Water boiler
Dishwasher
Grill
2 x small freezers
1 x small fridge
Base cupboards
Shelving

The side door leads to a passageway, which has a W/C and also cellar access. The cellar is currently used for storage, with 2 x chest freezers to store stock.