The Old Java Coffee House has been established for over 10 years and has created a loyal customer base among the locals. With its location, the coffee house also benefits from a tourist boost throughout the year. The business trades from 9.30 a.m. to 4.30 p.m. Monday to Saturday and from 10 a.m. to 4 p.m. on Sunday, providing the next owners with an opportunity to extend the trading hours should they choose to. The current owner/operator is assisted by 5 part-time & 2 weekend staff. The menu consists of delicious offerings to suit all requirements, including paninis, sandwiches, jacket potatoes, light bites, & soups. Alongside cakes and the traditional Devon cream tea,. The Old Java Coffee House, as the name would suggest, specialises in gourmet coffee with a range of different beans and strengths available to drink in or purchase to enjoy at home. The beans are ground on site and available in 110- or 250-gram bags. Speciality teas are also available.
- Asking Price:
- £70,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Location:
-
Teignmouth is well connected via the Shaldon Bridge to Shaldon on the south side of the river Teign and on to Torbay, some 9 miles away. The market town of Newton Abbot is 6 miles to the south-west, as is the A38 trunk road to Exeter. This in turn links to the M5 motorway, which connects the South West to the rest of the country. Teignmouth has all the traditional attractions of a coastal holiday destination, including the promenade and Victorian Pier with rides and amusements, along with shops, cafes, and restaurants. Teignmouth has a thriving local community, which swells considerably during the summer months with tourists and visitors to the town, therefore boosting trade.
- Premises Details:
-
The premises comprises:-
Large glass frontage with side entrance leading to the seating area.
MAIN TRADE AREA
Seating 40 at gastro style faux leather espresso dining chairs and cream high back chairs and wood effect tables.SERVICE COUNTER
Displaying cakes and confectionary. Blackboard drinks menus, drop pendant lighting and Lightspeed K series integrated till system (subscription £60 PM). Under counter storage, Sanremo coffee machine & electric grinder, 2 blenders, countertop hot water boiler, 3 new undercounter fridges and Santos coffee grinder specifically for retail coffee sales. Tiled splash back and wall mounted display shelving.FOOD PREPARATION AREA
Floor to ceiling tiles and non-slip flooring. Roll top work surface, floor and wall mounted storage cupboards and wash hand basin. Two wall mounted Panasonic microwaves, Buffalo double panini machine, toaster and under counter fridge. Wash up Area with commercial dishwasher (leased), stainless steel prep counter and shelving, sink with drainer. Two commercial extraction fans have recently been fitted to this area.LARGE STORAGE CUPBOARD
Upright freezer, upright fridge freezer, dry store shelving and CCVT monitor.CLOAKROOM
ACCESS TO the Road
Bin Storage.GENERAL INFORMATION
RATEABLE VALUE
2023 List: £9,700.Please note that this is not rate-payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their enquiries with the Local Billing Authority, Teignbridge Council.
TENURE
We have been informed the Landlord will consider granting a new lease to the ingoing tenant, subject to satisfactory references, business plan and C.V. The leaseholder will also be responsible for ¼ of the general maintenance costs of the premises as a whole. The rent is £16,491 per annum.SERVICES
Mains water, drainage and electricity.INVENTORY
To include furnishings and equipment as per an inventory to be supplied, excluding the owner's personal effects.STOCK
Wet and dry stock in trade will be taken over by the purchaser at valuation on the day of completion.
- Energy Performance Rating:
- E
