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Established Juice / Coffee / Sandwich Bar Tynemouth For Sale

Tynemouth, Tyne and Wear, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£250,000
Net Profit:
Undisclosed
  • Outstanding trading business.
  • Located between village centre and seafront.
  • Turnover £250,000 per annum.
  • Strong GP margins.
  • 20 internal covers.
  • Ideal for owner operator.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 5 year FRI lease from February 2024. The rent is £15,000 per annum and there are no rent reviews or break clauses within the term.

Leasehold Rent:

£15,000 per annum

Location:

This established business is located on Percy Park Road which comprises a pleasant mix of independent shops, cafes and restaurants. The unit is located between the village centre and seafront and Tynemouth repeatedly features in lists of the "Best Places to Live in the North East". The attractive coastal location and proximity to Newcastle upon Tyne make it easy to understand why. There are excellent road and rail links to and from the town and the local population is a broad demographic that includes young professionals, families and older or retired couples. Tourists visit the area throughout the year but peak in the school holidays, particularly in the summer months when there are a number of festivals.

Premises Details:

This juice bar has been trading since 2024 and has an excellent reputation with high numbers of regulars and repeat customers. The venue is a popular meeting place for the local running and surf clubs and is also opposite Kings Priory School (Percy Park Site) which attracts customers on the school run.

The juice and smoothie menu is entirely fruit based and the business has built its reputation on the quality of this product. However, over the last 12 months the menu has been expanded to include sandwiches and acai bowls plus a selection of coffees.

This is an ideal opportunity for an owner operator or as a bolt on for an existing network. Viewing is strongly recommended to appreciate the site and opportunity.

Size in square feet:
505
Energy Performance Rating:
B

Business Operation

Management type:
This business has absentee ownership.
Trading hours:

Monday – Sunday 8am – 5pm

Employees:
Operated under management by 2 full time and 2 part time weekend staff.
Years established:
2 years