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Coffee Shop In Ryton Village In Ryton Village For Sale

Ryton Village, Tyne and Wear, UK
Asking Price:
£29,950 Furniture / Fixtures included
Turnover:
£80,000
Net Profit:
Available on request

• Turnover circa £80,000 per annum.
• Short trading hours with no late opening.
• Located within a popular village setting.
• Immaculate premises with modern fit out.
• Circa 22 internal covers.
• Ideal 1st time venture.

Property Information

Property:

Leasehold

Lease Terms:

The premises are available on a new lease at a rent of £500 per calendar month (£6,000 per annum).

Leasehold Rent:

£6,000 per annum

Location:

This business is located on Elvaston Road in part of the Old Village down towards The Willows Nature Reserve. Ryton is an expanding and popular residential village on the south side of the River Tyne with good road links to the A1 Western Bypass, Newcastle and Gateshead.

Occupiers in the village include a range of independent traders plus a Sainsburys Local and Co-op Foodstore. There is street parking outside the coffee shop with easy access for drivers and passing custom.

Premises Details:

This coffee shop was established from these newly refurbished premises in August 2021 but has been placed on the market as the current owner has another business commitment that they wish to concentrate on.

The premises are configured to provide an open plan café and service space to the front with another seating area and prep facility towards the back. There are up to 20 covers inside the unit with a mixture of tables, chairs and window bar style seating.

The menu is compact and comprises traditional coffee shop fare with some light bites and daily specials for lunchtimes. Please note that no baking is permitted on the premises under the lease. Trading hours are to 2.30pm by choice but we are advised that there would be demand later in the day.

Viewing is recommended to appreciate the location and quality fit out of this business.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Reasons for selling:

The current owner has another business commitment that they wish to concentrate on.

Trading hours:

Monday - Friday 9.15am – 2.30pm
Saturday 9.00am – 2.00pm
Sunday closed

Employees:
Currently operated by the owners with the help of 2 members of staff.
Years established:
3 years

Other Information