Destination Coffee Shop (25 Covers) on the Cotswold Way in Painswick with two bedroom luxury apartment above.
Occupying a prime location on the main A46 between Stroud and Cheltenham and located less than one minutes' walk to Painswick Church with it's 99 famous yew trees, this popular coffee shop is unexpectedly for sale due to the retirement of current tenants.
In a historic, listed building which has been lovingly restored by the owners, you will find a modern, fully fitted A3 coffee shop with antique reproduction counter and back dresser, Black & White Coffee Machine, integrated dishwashers and refrigeration.
The fully furnished coffee shop is sub-divided into two rooms, with views to the roadside behind a Victorian shopfront to the front aspect and a relaxing, library room to the rear with a wonderful wood burning stove. High quality wood effect laminate flooring and complementary non-slip tiled floors are laid throughout.
Whilst the design emphasis was placed on a relaxing, traditional ambience, every modern convenience has been deployed including reverse cycle air-conditioning, LED lighting, a separate food preparation area and refrigeration / dishwasher for the rear room as well as a tiled customer washroom.
There is also an enclosed courtyard terrace which is an abundance of colour in the summer, but could make a perfect place for a couple of seats on warmer days.
In the basement, there is a large country kitchen with flagstone floor, electric range cooker and a separate store / utility / drying room.
Upstairs, accessed via a handmade turning staircase, one will find a beautifully proportioned two bedroom apartment with panoramic views across Painswick valley from the master bedroom suite. On the top floor is a double bedroom with velux window and a huge eaves storage area.
Trading is with consistent and highly profitable as overheads are low. (Currently the flat above is rated as council tax band 'A' and the business rates are zero thanks to Rural Rate Relief).
Annual turnover is around £77k, with a trading cycle of 6.5 days per week for 47 weeks per year. Opening hours are 9am - 5pm, however these are extendable to provide a breakfast service and potentially lucrative early evening 'tapas’ presentation. The vendors believe the extension of opening hours would significantly increase turnover and profitability of the business.
It should also be noted that the venue is a noted international destination for artists, with frequent arts and crafts displays and launch evenings. The new owners may choose to enhance this offering with a potentially lucrative market for commission from the sale of paintings, crafts and art cards.
With a loyal, local customer base (supported by a loyalty card scheme) and a number one location on TripAdvisor, this coffee shop is not only the most popular stop-off location in Painswick, but one of the Cotswolds' most popular destinations (it recently featured in a Telegraph editorial). The owners and subsequent tenants have worked tirelessly with complementary local businesses and the Parish Council / Business Groups to ensure that the small town works together to maximise potential of each business and new owners or tenants may benefit from continued involvement.
Viewings are managed via a local Estate Agent (Murray and Co.) and are in the first instance, strictly by appointment only. NO AGENT ENQUIRIES please.
The vendors will handle all initial enquiries via this website, however we will require intent to purchase / rent information before disclosing confidential business information.
Business is listed FOR SALE at £399,950 Freehold, however five year contracted tenants may be considered at a rate of £2000.00 PCM or with incoming payment and reduced rent. Please contact us for further details.
©2024 Iperium Real Estate Ltd.. All rights reserved.