Superb Well Established Coffee Shop, Auchterarder, Perthshire Ref 2652

Leasehold £50,000

    2095
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  • 2094
  • 2091
  • 2090
  • 2097
  • 2092

This is an superb opportunity to acquire a well established and beautifully presented coffee shop on the busy High Street in the affluent town of Auchterarder near the famous Gleneagles Hotel in Perthshire.

Ideal owner managed business with low overheads.

Spacious 1,045sqft (99m2) premises with bright open plan seating area for 33 inside and a further 8 outside.


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Type of business
This is an excellent opportunity to acquire a popular highly visible well established coffee shop on the High Street in Auchterarder close to the famous 5 star Gleneagles Hotel. Viewing is highly recommended. Auchterarder is a affluent town of some 5,000 residents with a further 800 new houses currently being built. The town also benefits from a large influx of tourists and hotel visitors from Gleneagles only 3 miles away and Duchally Hotel & Lodges. Fitted out to a very high standard with its bright modern décor and child friendly layout it has a regular loyal local clientele together with good passing trade. The premises have large attractive open plan seating and serving area with room for 33 covers, large rear prep and store room which is also used for classes and two modern customer toilets. It also has space for 4 tables and 8 chairs outside at the front. Please note the business name will have to be changed by the purchaser.
Opening hours
8.30am - 5pm Monday - Saturday and 10.30am - 4pm Sunday.
Staff
It is run by the owner with 8 part-time staff.
Tenure
Leasehold. Rent £15,000 per year plus VAT. Current lease expires in February 2021 but can be extended. Rateable value £9,500 so no rates are payable.
Premises
The premises are a superb well fitted unit with spacious open plan seating and serving area, disabled access customer toilets, large prep and storage room. The building benefits from unrestricted on street parking. EPC Rating G.
Financial information
2019 net turnover was £120,000 with good margins and current year is on target for a 10% increase in sales. The price includes all equipment, fixtures and fittings. Further financial information can be made available to serious interested parties after viewing.