Quality Coffee Shop In Hereford City Centre For Sale

Property Information

Property:

Leasehold

Lease Terms:

LEASEHOLD to include goodwill and trade furniture, fittings and effects. Stock at valuation in addition.

Eden House of Coffee is held on a part repairing and insuring lease agreement from a private landlord for a term of ten years commencing 10 September 2021 and expiring on 09 September 2031. The lease is assignable and the tenant is able to underlet. Rent is currently £25,000 per annum, with built-in increases. September 2024 through to September 2026 will be £33,000 per annum and September 2026 through to September 2031 will be £40,000 per annum. All payment is exclusive of VAT. The lease is free of all trade ties.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.

Location:

The Eden House of Coffee is one of Hereford city centre's premier, privately owned coffee shops that has been developed by the current operators to provide an outstanding trading premises, taking advantage of its excellent location, being in the heart of the city centre, opposite the historic Black and White House. St. Peter’s Street is one of the busiest of thoroughfares feeding High Town, which ensures a steady stream of customers.

The Eden House of Coffee trade from a historic, Grade II listed premises with a wealth of character, forming part of Hereford’s historic and picturesque city centre. The Grade II listed property appears to be of brick and timber construction with a black and white facade under a pitched roof. It enjoys outstanding views towards the historic black and white house. The current owners invested a huge amount of time and capital into renovating the property when they developed the coffee shop, and it is clear from a brief inspection there is very little investment required to the interior of the property, or the services, for a number of years.

The cathedral city of Hereford is a popular destination for visitors and is famed for its cathedral, the home of the Chain Library and Mappa Mundi - the first map known of the world. The city has a population of approximately 60,000 and enjoys all amenities associated with a city of this size.

Premises Details:

TRADE AREAS
Front entrance to GROUND FLOOR SEATING AREA with tables and chairs for approximately 50. Stripped wood floor, part exposed brick and wood panelled walls. Comprehensively equipped SERVICE COUNTER. At first floor is a TRADING AREA seating 60 and having stripped wood floor and part wood panelled walls.

LADIES' and GENTLEMEN'S TOILETS.

Ancillary areas include a STORAGE ROOM and potential kitchen.

At second floor level is a large, open plan space currently used for offices.

EXTERNAL
To the front, the premises has a table licence to provide seating for twelve customers and there is also an additional seating area adjacent to the Black and White House seating 20 customers.