Spill the Beans Coffee House, Dunkeld

Spill the Beans Coffee House, Dunkeld

Property Details

Type:
Coffee Shops & Tea Rooms
Lease:
Freehold or Leasehold
License:
Unlicensed
Price:
Offers Over £65,000
Reference:
3778
EPC Rating:
G

Property Description

  • Offers Over £65,000

"A great wee tea room just where you need it...." Peter Irvine's, Scotland the Best publication.  An opportunity to acquire an established business in the popular tourist town of Dunkeld.  This charming Cafe/Tea Room prides itself particularly on its coffee and home baked cakes and enjoys a steady trade and good profitability.  With a dog friendly snug, spacious cafe and and outside seating its charm is only enhanced by its setting.

Situation

The town of Dunkeld is positioned some 15 miles north of Perth on the main A9 route through the central spine of Scotland.  Considered by many as the gateway to the Highlands the town is well connected with a railway station, good road communications and proximity to a nearby City, Perth.  

The Business

The business has been operated by our client for the past 6 years or more and has excellent review status on social media in the main and is featured (as above) in Peter Irvines, Scotland the Best Guide.  In the current trend a "Bake-Off" style offering with lots of home cooking/baking make this a very profitable business and with lifestyle trading hours it also lends itself to a good work/life balance.  This business premises currently fall below the Rates threshold which mean no rates are payable.

Trading Information

Trading, Profit and Loss accounts for the 3 years to 28 February 2018 can be made available after viewing the business formally.  We can confirm turnover for the year ended 28 Feburary 2018 showed sales of £135,274 ex VAT.  A healthy Gross Profit of 80% was achieved for the same trading period.  A net profit of 30% was achieved for the same trading period before rent.

Tenure

Leasehold

Our clients are offering a 10 or 15 year lease at rent of c£18000 per annum with 5 yearly rent reviews.

Freehold

The freehold option is available at around £195,000.

Price

Offers in excess of £65,000 are sought for the leasehold going concern.  All trade, fixtures and fittings therein are included along with intellectual property if required (i.e. tradng name etc).  Freehold price is Offers over £195,000.

 

 

 

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