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Sandwich & Coffee Bar in Prestigious Whitley Bay Location for Sale, Ideal for First Venture

Whitley Bay, Tyne and Wear
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  • Status

    FOR SALE

  • Date Submitted:

    06/02/24

  • Advert ID

    606308

  • Leasehold: £20,000 (Stock at valuation)
  • Rent: £7,750
  • Turnover: £85,000 (£1,635 Per week)
  • Net Profit: On request

Key Features

  • Central Position in Affluent Village
  • Potential for Alternative Use
  • Adjacent to Multiple Retailers
  • Town Centre location
  • Established Business
  • Close to Local Amenities
  • Offers Invited
  • Prime Location
  • Small Business
  • Fully Fitted
  • Attractive Business

Business Details

Sandwich & Coffee bar

Bean & bite sandwich & coffee bar , for sale ,£20k , reasonable offers considered .

Attractively fitted to a high standard, located on the prestigious Park view, Whitley Bay. Easy to run owner/staffed unit , max 2 staff needed. 

Fully equipped, including 

2 group wega coffee machine 

Grinder

Cibo merry chef oven 

Fridge/freezer

Counter units 

Shelving 

All servicing up to date 

Drinks fridge 

Display units 

Fitted kitchen, to the rear 

Huge scope to increase sales , currently trading Mon- Saturday 9am-3pm 

Great demand for outside catering not currently utilised.

Full off licence 9am-9pm 

Current turnover in excess of £85k , on 49 weeks of trading , 3weeks vacation taken. 

Menu , toasted panini, sandwiches, breakfast bagels, wraps. Cakes & sweet treats ( locally sourced) Full coffee menu.

Retail sales generated from local jams, hot sauces, salad dressings , olive oil, retail coffee , chocolate, wine & beer . 

A great little business, ideal for a first time venture, we are reluctantly selling due to other business interests . £20k ,reasonable offers invited for fixtures& fittings , key ready , open & trade . 

Fitted & equipped to a high standard, cost to fit out today would be in excess of the asking price. 

Bean & Bite has built up a great reputation within Whitley Bay , see reviews, fully operational, ready for an experienced operator to take it forward to the next level. 

Viewing by appointment only 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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