Sold

Newly Refurbished Town Centre Coffee Shop

Ipswich, Suffolk

£12,000 +SAV

Ref: B04919

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Description

Hilton Smythe welcomes to the market Café Woffee, which was established by our client at the end of 2018, however, due to unforeseen circumstances our client is now needing to sell. Café Woffee is a new, fully refurbished coffee shop with a 5* hygiene rating. It is licenced to stay open until 8pm on Thursdays.The coffee shop sells quality coffee and tea along with fresh cakes and pastries. There is scope for development by adding hot food to the menu.There are many reasons to buy Café Woffee including• High Footfall location• Newly refurbished premises• Extremely motivated seller• Bespoke handmade furniture and fixtures• 5* hygiene rating• Established Google maps and social media pagesThe business can be developed by• Extending the menu by adding hot food• Creating a website• Extending opening hours to include late night Thursdays to 8pm• Through marketingHilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a leasehold business opportunity.Original lease length: 5 years from November 2018Annual rent £14,500 including buildings insuranceRates are currently £5,400 per annum

Hours

The business opening hours: Monday: ClosedTuesday - Sunday: 7am – 3pmThe premises is licenced to open till 8pm on Thursdays and can extend opening hours until 5.30pm, excluding Sundays.

Staff

The business is run and managed by our client.

Financial Profile

Café Woffee was fully refurbished when opened in December 2018 and has assets worth in the region of £10,000.Our client informs us they have taken approximately £100 for each day of trading since opening.The stock runs at approximately £600 which includes many branded recyclable take away cups, coffee cup carriers, cutlery etc.

Location

Café Woffee is located in the heart of Ipswich, the county town of Suffolk, on Carr Street between B & M and Superdrug, with Argos just a few doors away. These stores, and many more bring a high footfall to the area.Café Woffee has a distinctive sign written frontage and the café benefits from its own parking space to the rear and there are many local car parks close by for customers.Ipswich, which is the county town of Suffolk, has a population of circa 135,000 as of 2014 and has many visitors coming to the area for shopping to add to the many workers who come from neighbouring areas.

Premises

Café Woffee is located on a pedestrianised street which leads directly into the town centre.The shop has an all glass front and an entrance door to the main café area.Café Woffee has:• A bar area with seating for 4.• Soft seating and branded coffee table.• Table seating for 10 across 4 tables. • Inset ceiling lighting.• Tiled floor.• Air conditioning/heating unit.The branded counter has an area for cake stands, a coffee machine and grinder (both on lease), storage, till and door to the kitchen area.The kitchen is 5* hygiene rated and has work surfaces, sink, extractor fan, milkshake maker, George Forman grill and a doorway to the rear storage area.From the main café area are stairs to the first floor with access to the unisex toilet and a door to the store room. Off the store room is a secure door that leads to the outside area with an allocated covered parking space.

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