Coffee House, Gift Shop and Florist for Sale in Derby

Derby, Derbyshire
REF: INT2175

Asking Price:
£65,000
Annual Turnover:
£89,872
Annual Net Profit:
£22,700
REF: INT2175
Photo of Coffee House, Gift Shop and Florist for Sale in Derby
Photo of Coffee House, Gift Shop and Florist for Sale in Derby
Photo of Coffee House, Gift Shop and Florist for Sale in Derby
Photo of Coffee House, Gift Shop and Florist for Sale in Derby

Overview

Tenure:
Leasehold
Established:
2017
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Wide Variety of Products & Services

This is a fantastic opportunity to acquire a beautifully designed café, gift shop, and florist, located in the village of Chellaston – a suburban village (population of 15,000 stated from the 2011 census) on the outskirts of Derby.

Established in 2017, this successful business is currently run exclusively by a husband and wife team, who are now wishing to relocate out of the area (hence the reason for the sale).

The shop is centrally located opposite the village church in a 1960s parade of small independent shops. It is one of a kind in the area; and there is no real competition, besides one coffee shop on the other side of the village. There are no other gift shops or florists.

Being located in a high footfall area, with nearby parking and limited competition, it is a great hit with passers-by and customers are generally locals and regulars from within the village.

The business has many unique selling points. For example, some of the gifts have a degree of exclusivity with the suppliers, therefore they are not currently available elsewhere in the Derby area. A significant part of their gifting business is the sale of helium balloons – for which they have a wide selection that proves very popular. Also, they currently offer free local delivery for flowers, which provides an element of convenience for locals.

Like many gift and flower shops, the business has busy seasons around the seasonal periods of Christmas, Valentine’s Day, Mothering Sunday, and Easter, which can be taken advantage of by any potential buyer.

On weekends, the business can cater for private events, such as birthdays or baby showers. This service is currently available on Saturdays 3-6 pm or Sundays 1-4 pm. The minimum number for private hire is 15 people, and the offer of afternoon tea or a grazing table is available. The business can also provide decorations, including balloon displays and flowers, to make the event appear particularly luxurious and aesthetic.

The shop is particularly inviting, with a warm and pleasant atmosphere, and eye-catching décor. There is wooden flooring throughout the sales floor, as well as decorative pendant lighting. At the back of the shop are 2 toilets (1 customer toilet and 1 currently used as a storeroom). To the rear of the premises, is a covered seating area holding 4 tables. The coffee shop itself holds 34 customers both inside and out. There is a car park at the rear of the shop for staff and parking to the front for customers.

The current lease is for 10 years. There were break clauses in the lease at 3 and 5 years, but these have now passed. The purchaser may need to sign a new 10-year lease, with appropriate break clauses.

To the front of the property is a tarmacked pavement which is used to place 2 outdoor tables outside for the coffee shop, where customers can enjoy a coffee in the sun.

The shop front is light and bright, due to a large glass display window and a single glass door leading straight to the shop floor.

The shop floor itself comprises two main areas. Firstly, there are gifts and clothing, displayed on a mixture of rustic wooden shelves and tables. This area also houses 2 metal spinners holding balloons and wall-mounted card racks. Within this area, there is also a dresser with food goods and a display cabinet with jewellery, scarfs, and handbags.

The second half of the shop is the coffee shop, comprising a counter which holds cake stands and a coffee machine. Below the counter is a fridge and convenient storage for stock. This area has 4 standard tables, 1 coffee table with a 2-seater settee, and a round table with built-in seating.

There is the opportunity for any potential buyer to increase the opening hours to include opening at 8 am, as well as Sunday and Monday.

In the coffee shop, any potential buyer could reduce the cost of cakes by baking them in-house. There is also the opportunity to include a deli with hot and cold counter displays. An offer of outside catering could also be included.

The potential buyer would do well to sustain the offer for private hire for parties and special occasions. This service could be made even more popular if the buyer worked to obtain an alcohol license to offer prosecco with afternoon tea (they could also sell alcohol gifts in the shop).

In the gift shop, the buyer could include locally handmade products to take a commission on (as there is no upfront fee for stock and typically around 30% of the selling price). They could include more products on the website, including shipping. The balloon service could be further promoted, including offering personalised balloons.

Features

Online Presence

Website: www.no61chellaston.co.uk

Location

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  • Shopping Centre Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£12,950
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2027
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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