A recently refurbished coffee shop in Wallsend, North Tyneside, has come up for sale. JT's Coffee Shop has a prime trading position on the busy A193 High Street in Wallsend, two miles from the City Centre and three miles from the A1.
The business is located on the ground floor of a spacious mid-terrace property and benefits from high levels of passing trade at all times during the day due to close proximity to the Forum Shopping Centre.
Recently refurbished to a high standard, it has tiled flooring throughout and a range of free standing tables and chairs catering for 50 covers.
It has a reasonable rent of £13,000 per year and weekly turnover is in the region of £1,500 net.
This business would suit an owner operator and there is excellent scope to increase trade .
Current trading hours are 9am to 3pm, six days per week (closed on a Sunday). This is to suit the client's lifestyle and opening hours can be extended as the 10-year lease (with four remaining) contains no restrictions.
JT's Coffee Shop, High Street, Wallsend, Tyne & Wear is for sale through Christie & Co at £59,000 for the leasehold, tel: (0191) 222-1740.