A unique opportunity to acquire a highly profitable, Coffee Shop and takeaway, daytime business, situated in the centre of the historic town of Lyme Regis which has only recently undergone a complete refurbishment to the highest standards. THE BUSINESS A very attractive Grade 2 listed ground floor property with large bay window frontage offering an easily prepared high quality menu of daytime salads and snacks.
It was acquired by the present vendor in 2019 when planning permission (A3) was obtained to convert it into a coffee shop/café. No expense was spared in the refurbishment with the fixture and fittings and equipment of the highest quality.
It is fast becoming a popular venue with locals, day trippers and holiday makers with the menu comprising of specialist coffees and teas, smoothies, milkshakes, salads, soups, baguettes, breakfast and brunch plus ice creams and cakes offering many light snacks to eat in or takeaway.
Typical trading hours are potentially 8/9.00am to 5.00pm Monday to Sunday and would ideally suit an owner/operator but is currently operated with the aid of full and part time staff. We are advised that the current daily takings average approx. £550 with a high profit margin.
The business has unexpectedly become available due to other business commitments of the present owner. The property has recently been completely refurbished and equipped to the highest standard at a cost we are informed in the region of £80,000 including a total rewire and plumbing. An attractive front with ‘Georgian style’ bay window and customers entrance which opens to the café. Coffee Shop:- Flexible free standing table and chairs providing 12 covers. At the rear is the Service Counter with a display area for pastries and cakes etc. A ‘prep’ counter behind with High quality Spiziale coffee machine, Mazzer coffee grinder, Pannini grill, 2 microwaves, 2 Santos blenders, toaster and top of the range cash register. From the Service Counter there is open access to the:-
Preparation/Washing area:- Double sink, 2 freezers, ice machine and dishwasher.
(A full inventory of equipment is available on request)
Leading from the Café is the Cloakroom with W.C, washbasin and auto hand dryer.
Outside – To the front of the property there is an ALFRSCOE eating area with two tables up to 6 covers.
LOCATION The business is situated adjacent to the rive Lym in Coombe Street, a busy thoroughfare leading from the main central car park to the seafront and beaches. It provides pedestrian access from the main residential area to the town centre and one of the most picturesque and popular walks alongside the river Lym from the adjoining village of Uplyme.
There are numerous private shops and businesses located in the street and the renowned ‘Dinosaur’ Museum almost opposite. Lye Regis is a renowned historic unspoilt seaside town situated on the Dorset, Devon border and known as the ‘Pearl of Dorset’. It sits at the centre of the Jurassic Coast which has
been granted World Heritage status by UNESCO for its geology and fossils. Many attractions and festivities take place including a Regatta and Carnaval, Lifeboat week, Jazz festival, the Marine theatre with shows throughout the year and many others which not only attracts holiday makers from a wide area but also many visitors from nearby towns. The town and famous Cobb harbour was the setting for film ‘The French Lieutenants Woman’ and more recently ‘Ammonite’ with Kate Winslett telling the story of Mary Anning. The City of Exeter with airport lies approximately 25 miles to the West with the County town of Dorchester a similar distance to the East. The town of Axminster with the mainline railway connection to Waterloo is 6 miles away.
TENURE The property is currently held on a 7 year lease dated 5th September 2019 at a current rental of £6,500per annum. There is a rent review date in September 2023. Energy Performance Certificate – the... Read more