EXCELLENT CAFE, ILKESTON TOWN CENTRE, DERBY

Coffee Vida enjoys a prominent, eye-catching trading position on the town’s Market place. This well-known coffee shop is placed on the market as the owner is now looking to a less busy lifestyle. Arguably one of the most impressive coffee shops in the area, with customers able to enjoy light meals and coffee in restful surroundings. The sale of this well-known coffee shop in Ilkeston has now completed. There are exciting times ahead for our vendor and purchaser. Ellis & Ellis wish them both all the very best with their new ventures.

THE BUSINESS & PROPERTY DETAILS:
Location: This spacious coffee shop trades from 2 South Street Ilkeston Derbyshire DE7 5QE. It faces the
Market Square and is well positioned to benefit from the town’s regular shoppers and visitors to the Market.
There are several bus stops close to the property, and many of the customers use this mode of transport.
Business. An exceptionally well-presented coffee shop offering seating for 44 in relaxed comfortable
surroundings.
Premises: This is some 122 square meters in size. Dark grey flooring contrast with mid brown wood seating
and light neutral walls. At the rear of the servery is a kitchen / prep area with all the necessary equipment
to serve the requirements of the business’s customers.

Trading information.
Staff. Owner and 3 other full-time staff members currently run the business.
Sales. We understand these are some £2,800 per week from the current opening hours due to the current
owner’s other commitments. There is scope to achieve much more under the ownership of a person who is
able to concentrate 100% on this business.
Stock. Modest Much is fresh daily. To be taken at valuation
Opening hours. Monday to Saturday.8am to 4pm. Closed on Sunday.
Tenure. Leasehold. Term. A new 5-year lease is to be made available by the landlord.
A rent bond is likely to be requested. Currently £1,500 plus vat per month payable monthly in advance.
Rates. Erewash Borough Council. Business rates payable. £240 p.c.m. (£2,880 per annum with B.R.R.)

VIEWING is strictly by appointment through the agent. By all means view the business discreetly, but DO NOT contact either the vendor or any staff direct.

SUBJECT TO CONTRACT

Summary. An excellent opportunity to build on the past success of the owner. This business is ideal for a
new owner to take over this well-known coffee shop to take it to the next level. May suit a buyer who is
looking to develop the sizeable interior space with an increased offering. Opening hours can be increased
significantly. This is a ‘turn key’ business opportunity, with the buyer having no need to spend money on
decorations, either internally or externally.

UPDATE: Sold 2024. Quick sale. Achieved well above the asking price.