Barista Coffee Shop In Leamington Spa

Barista Coffee Shop In Leamington Spa For Sale
Ref 2082
Location

This outstanding concern is located on a main High Street in the heart of Leamington Spa town centre with wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Business information

Asking Price: £59,950 plus SAV
Turnover: £3,000-3,500 per week
GP: 72%
Stock: £1,200

Leasehold

Lease term: 5 years
Remaining: 3 years
Rent: £23,700 plus vat pa
Rates: £8,854

Business Description

Veritas Business Sales are delighted to offer for sale this respected Coffee shop which is located in Royal Leamington Spa. The business was set up from scratch 2 years ago by it’s current owners and is reluctantly being offered for sale due to a unforeseen change in circumstances. Since ownership they undertaken considerable refurbished to the property and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and requires the help of 1 full time & 2 part time members of staff and has an average weekly turnover of £3,000-£3,500 with a healthy GP of (72%). They serve a fine range of black and milk artisan coffees made with a house and guest espresso, pour over drip and aeropress coffee along with hot chocolates and specialist loose leaf teas, green teas and herbal infusions. All can be accompanied with a delicious cake or biscuits and the menu extends to soft dinks, panini’s and sandwiches. Spa Town Coffee has a number 2 rating, with highest overall score, on Trip adviser for best coffee shops in Leamington Spa and comes with a fantastic reputation. Their secret is using clean filtered water, using high quality beans from Caravan Roasters, who roast small batches of carefully and responsibly sourced world coffees daily in probat roasters in Kings Cross and Exmouth Market. To add to the process they steam their milk into a scrumptious micro foam and all items can be enjoyed in a relaxed atmosphere. We believe that there is further potential to increase trade by expanding upon the current menu and maybe applying for an alcohol license. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting shoppers. This is a superb opportunity to purchase a growing business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Opening Hours

Monday – Friday – 8.00am – 5.30pm
Saturday – 9.00am – 5.30pm
Sunday – 9.30am – 5.00pm

Ground Floor

Cafe comprising: sales counter with EPOs till system, espresso coffee machine (La Marzocco FB80), 3 x coffee grinders (Mazzer Kony, Mazzer Robur & Mahlkoning Tanzania), reverse osmosis filtration water system (Bespoke water), hot water boiler with Uber front dispenser (Marco), glass cake display cabinet, advanced weighing scales, work top, breakfast bar style bench seating for (4), tables and chairs for (14) 2 low comfy seats, retail sales & display shelves and a wooden shelving display.
Kitchen comprising: microwave, panini press, pastry oven, fitted base units and shelving units.
Stockroom with 2 x metal shelving units, book case, office area, stainless steel double sink drainer and an upright fridge (Polar).
Freezer room with 2 x chest freezers
Staff W/C with hand wash basin.

External

Shared rear yard access with a bin area