The Old Java Coffee House has been established for over 10 years and has created a loyal customer base with the locals. With its location, the coffee house also benefits from a tourist boost throughout the year. The business trades 9.30am-4.30pm Monday to Saturday, 10am-4pm on Sunday providing the next owners with an opportunity to extend the trading hours should they chose to. The current owner/ operator is assisted by 1 full time member of staff, 3 part time & 2 weekend staff. The menu consists of delicious offerings to suit all requirements to include; panini’s, 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 110g or 250g bags. Speciality teas are also available with hot and cold beverage choices.
- Asking Price:
- £70,000
- Turnover:
- Available on request
- Net Profit:
- Available on request
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, Victorian pier with rides and amusements together 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 high back leather effect chairs and wood tables.Service counter
displaying cakes and confectionary. Blackboard drinks menus, drop pendant lighting and touch screen till. Under counter storage, sanremo coffee machine & electric grinder, 2 blenders, counter top hot water boiler, undercounter fridge & freezers 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.Large storage cupboard
upright freezer, upright fridge freezer, dry store shelving and ccvt monitor.Cloakroom
access to rear lane
bin storage.General information
rateable value
2023 list: £9,700.Please note this is not rates 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, but excluding the owners 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
