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Extremely rare opportunity to purchase a fantastic seafront business in an enviable location right on the historic Coble Landing in Filey.
Due to the status of Coble Landing, businesses very rarely become available here, and in particular ones without a restricted sales covenant in the lease (where businesses are restricted from selling particular items that others are only permitted to sell i.e, like some council lease tenants). The Beach Hut benefits from a secure term lease and a non-restrictive lease (in terms of product sales).
The business was established and opened in early 2015 with a unique style of branding. Aimed at the growing premium coffee/ice cream market, the business sells locally produced premium coffee, local scoop ice cream. whippy, juices and hot and cold food items. The unit is equipped with premium catering equipment such as a La Spazial coffee machine, 'grind on demand' coffee grinder, LCD controlled soft serve ice cream machine, scoop freezer, triple slush machine, automatic orange juicer, multiple freezers, electronic modern POS system, cooling equipment, a griddle and much more.
The internal shop fit-out (completed in 2015) includes full wall cladding of fire proof hygiene board, brand new fire proof suspended ceiling, brand new plumbing, electrics and safety flooring, staff toilet as well as a new full-length electric security shutter. On the last local authority Environmental Health Inspection the premises were awarded a maximum 5 Star Rating.
The real gem, however, is the eye-catching shop frontage that was professionally constructed and designed in order maximise awareness, style and impact of the business. Like the interior, the frontage was new in 2015 and includes a vinyl clad main adverting area constructed using metal diabond sheeting (this means the look can be changed by changing only the vinyl.) There are also LED menu boxes at the front for high impact adverting with easily changed inserts.
In the first year, the business performed excellently with a full menu of hot and cold food. The business then traded through the winter and into the summer of 2016 with impressive results. Presently it has reduced hours opening weekends due to other business commitments of the owner.
This business would be a great opportunity for anyone who dreams of working in an environment of exceptional natural beauty with a modern and easy to manage business, whilst earning a good living. The business would suit a couple or individual who can give it the attention it deserves.
The current owner of the business now has other commitments that mean he no longer has the time to spend managing this business.
Don't miss out on this rare business opportunity - the last similar business to sell on Coble Landing went for circa £80,000 with a restrictive sales covenant to only sell cold items, and this reflects the rarity and earnings potential in this prime spot.
As this business is in its relative infancy, the asking price is reflective although trading figures are strong.
Owner financed payment options to buy the business may be available to the right purchaser, and part exchange or swap options will be considered with a particular interest in overseas boats or property.
The price is extremely realistic for this unique lifestyle business and it has now been reduced due to the current owner's upcoming commitments to an overseas project.
In addition, the quarterly rent has just been paid in advance meaning no rent is due for the next three months (until 1st June 2017)
Detailed sales figures are available to view for serious potential purchasers.
Renewable lease favourable terms.
£10,000 per annum
Prime Seafront Location
Other commitments overseas.
Can be provided.
Part ex, swap anything considered.
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