Buy a business

Chocolate Patisserie and Coffee and Tea Shop

Worcestershire

Advert ref: 1812JMH

Business Partnership is delighted to have been appointed as sole selling agent in order to seek a purchaser for this very well-established business, which was started by our client some 12 years ago and has only been made available for sale due to our client wishing to fully pursue their other business interest.

The business has become a bit-of-a-go-to place for the beautiful handmade chocolates, produced on the premises, in a well-fitted out kitchen, which is further supported by a well-fitted out servery area to the rear of the premises serving themed teas, coffee, as well as a range of patisserie items and paninis.

This large double fronted shop premises comes with the possibility of opening up the flat above (currently listed for rateable purposes as storage), which has it's own separate entrance and consists of 2-bedrooms, kitchen, bathroom and sitting room.

The business would suit someone looking to further their interest in chocolate making or could just revert to buying in the necessary range of items to go with the general themed tea, coffees and snacks. 

We strongly recommend that any seriously interested party make contact with us as soon as possible, by hitting the 'Enquire about this business' button and completing the necessary non-disclosure agreement.

Key features:

  • Very well-established business, which has been in it's current location for some 12 years.
  • Large double-fronted shop in excellent city centre location.
  • Two-bedroomed accommodation available, but currently being used as storage.
  • Large kitchen area with separate main servery area for all drinks etc.
  • Excellent lease at a competitive rental of £13,500 per annum.
  • Excellent handover with training available.
  • Genuine reason for sale.

Property Details: Leasehold
Asking Price: £29,500 + SAV (Leasehold)
Location:

Excellent city centre location at a very competitive rental.

Lease Terms:
Leasehold – we understand that a fully renewable 12-year lease, which commenced in 2011, is in place for any purchaser at a rental of £13,500, per annum. Please note that a rent deposit will be required when the lease is renewed/assigned.

Reason For Selling:
Genuine reason for sale which will be explained on successful viewing.

Expansion potential:
Due to other business interests, we feel that the business hasn't reached it's true potential and would benefit from an extension of opening hours. 

Trading hours:
Normal opening hours 10:00am - 4:00pm being closed on Thursdays and Sundays.

Support & training:
Our client will provide a comprehensive business handover in order to ensure a smooth transition of ownership and continuity of trading.

Rates:
We understand that the Adopted Rateable Value is £12,500. However, the net rate payable is thought to be in the region of £3,000 per annum, after allowance is made for Small Business Rate Relief. Prospective purchasers are requested to make their own enquiries to verify the rating and council tax liability for the property.

Costs:
Each party to be responsible for their own legal and professional fees, but the purchaser should note that they will be responsible for the Landlords reasonable legal costs in connection with the preparation of the Licence to Assign/New Lease and will be subject to Business Partnership terms and conditions.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time. 

Chocolate Patisserie and Coffee and Tea Shop  Worcestershire

Financial Details

  • Leasehold: £29,500 + SAV
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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