BLK Coffee Exterior

Award-winning coffee in the heart of Heaton

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BLK Coffee Interior

Address

214 Chillingham Rd
England
NE6 5LN
United Kingdom

Key Business Information

Trading Name
BLK Coffee
Started Trading
2015
Number of Staff
1

Premises Overview

Rent
£11,500 per annum plus VAT
Area
392 sq.ft. (36.5 sq.m)
Lease Commenced
2015
Lease Duration
5 years
Lease Expires
2020
Rateable Value
£8,400

Key Coffee Equipment

Espresso Machine
Espresso Grinder(s):

Sale

Asking Price
£24,950

Contact

Company
North East Commercial
Phone
1914878566

BLK has generated a loyal following in spite of a relatively short trading history.  When the business was launched our client concentrated specifically on the quality and type of coffee brewed and this is reflected in the high levels of regular trade.  Whilst coffee makes up the majority of the weekly sales, there are also a range of teas sold together with some pastries and confectionery.

Location

The business forms part of a busy parade located on Chillingham Road in this popular residential area to the east of Newcastle. Nearby occupiers include Sainsburys Local, Subway, Domino Pizza and Greggs The Bakers. In addition to the high levels of captive trade from the residents, shoppers and office workers and there is ample pull in parking for passing trade.

Business

The business has traded from the site since 2015 and all fixtures and fittings were new at that date.  Our client has placed the business on the market as they intend to return to full time education.

The premises are in excellent order and the ground floor is configured to offer a bespoke serving area, which has been styled to reflect a traditional Coffee House.  There is internal seating for up to 16 covers made up of a mixture of tables, chairs and bar seats, and there is also a pavement area with a couple of tables for when the weather permits.  To the upper floor there are three rooms together that could be incorporated into the business.

BLK has generated a loyal following in spite of a relatively short trading history.  When the business was launched our client concentrated specifically on the quality and type of coffee brewed and this is reflected in the high levels of regular trade.  Whilst coffee makes up the majority of the weekly sales, there are also a range of teas sold together with some pastries and confectionery.

We see the business as an opportunity for either a couple or a partnership to operate where the staff overheads could be reduced and profits increased.  There is huge potential to incorporate the upper floors and the menu could possibly be expanded if the number of covers was increased.

Premises

Comprise a self-contained two storey end terrace unit forming part of a busy parade.

Ground Floor

Service / Coffee Shop circa 392 sq.ft. (36.5 sq.m) with service counter, coffee machine, grinder, belfast sink and tables and chairs.

W.C.  DDA compliant.

First Floor

Room 1                 circa 3.4 sq.m. (37 sq.ft.)

Room 2                 circa 9.7 sq.m. (104 sq.ft.)

Room 3                 circa 15.5 sq.m. (167 sq.ft.)

Bathroom

Trading Hours

Monday – Friday                  7.00am – 6.00pm

Saturday                               9.00am – 5.00pm

Sunday                                 10.00am – 5.00pm

Staff

Owner operated with the help of 1 member of staff.

Rates

We are verbally informed that the premises are assessed as follows:

Rateable Value     £8,400

We understand that rates free incentives will be available subject to individual status.

Tenure

The premises are held on a 5 year lease from 2015 at a passing rent of £11,500 per annum plus VAT.  There are no rent reviews. Interested parties should seek legal confirmation of this.

EPC

Rating – G.

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