Lease, Goodwill, Fixtures & Fittings of Long Established Business T/A Courtyard Coffee House
Established over 30 years ago this profitable and well known coffee shop and outside catering business is prominently located on Scotch Quarter overlooking the Marine Highway facing the Marine Gardens and Pirate Ship Childrens play park and only a short walk from Carrickfergus Castle / Harbour.
The business is family run and prides itself on its home baking (all produced on site) and caters for the breakfast, lunch and afternoon tea trade as well as outside catering packages for businesses, family and club / church events etc.
The sale will include all the fixtures & fittings (to include outside catering van - inventory available on request), website (courtyardcoffeehouse.co.uk) Facebook Page with 5,000 likes (@CourtyardCoffeeHouse) and a 4 star Trip Advisor rating.
Adjoining occupiers include Sanctuary by the Sea Beauty and Wellness Salon, Mauds, Courtyard Gift Shop, Exquisite Bridal & The Art Gallery.
Current trading hours are 9:15am - 4:30 pm Monday to Saturday and 11am - 4:30pm on Sunday.
It is intended the business will be sold by way of a TOGC to include the 3 no. full time and 3 no. part time staff.
Accommodation
Customer Seating (c. 40 internal covers / Kitchen Area - c. 76 sq m (796 sq ft)
Cookhouse - c. 23 sq m (252 sq ft)
Store - c. 5 sq m (49 sq ft)
OUTSIDE - Additional seating in courtyard
Lease Details
TERM: Remainder of a 6 year lease from 1 May 2015 - Landlord will also be happy to grant a new lease to the purchaser. Further details on request.
PASSING RENTAL: £7,500 per annum (No VAT)
REPAIRS / INSURANCE / SERVICE CHARGE:Full repairing and insuring basis by way of service charge liability
INVENTORY: A full inventory of fixtures and fittings include in the sale are available on request.
ACCOUNTS: Available to genuinely interested parties who have viewed the property.
Sales Details
PRICE: Offers invited around £45,000 for the lease, goodwill, fixtures and fittings (to include the outside catering van and stock on completion of sale)
NAV / Capital Value
From our review of the Land and Property Service online website, the NAV for the subject property is £4,650. The commercial rate in the pound for 2019 / 2020 is £0.64056.
Please note that all perspective purchasers should make their own enquiries to confirm the NAV / rates payable.
Note - LPS Small Business Rate Relief for premises with an NAV of more than £2,000 but less than £5,000 is 25%.
VAT
Not Applicable
Listed Features
- Kitchen
- Outdoor Space
- Parking
- Storage
- Catering