Hilton Smythe are pleased to have been given the opportunity to manage the sale of Holt House Vintage Interiors & Coffee Shop which is a well-established Lifestyle business and coffee shop with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
Holt House Vintage Interiors was founded by the current owner in early 2016 when she identified a gap in the market. The business has been a real labour of love for her and has flourished under her ownership, having many regular customers and a burgeoning reputation.
Alas the business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors wish to retire to sunnier climes, she is keen to see her beloved vintage and coffee shop pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.
Holt House Vintage Interiors offers all things vintage including furniture, clothes and collectibles plus an upcycle service and coffee shop / Tearooms all under one roof.
The business is interesting in that parts of it are sublet to other dealers and small business owners and the rents received offset most of the rent paid by Vintage Interiors to their landlord.
The coffee shop side of the business is becoming increasingly popular with the locals and has an impressive number of regular customers, many of whom are known on a first name basis by the owner who is a popular and well-respected member of the local community.
The coffee shop prides itself on the quality of its food which is freshly prepared on premises using local ingredients wherever possible. The menu includes;
- Sandwiches on a choice of breads
- Holt House Ploughman’s
- Jacket Potatoes
- Hot Soup of the day
- Hot and cold drinks
- Toasted tea cakes
- Fresh scones
- Assorted cakes & Pastries.
The business also offers afternoon teas and venue hire for private celebrations and functions.
The sale will include the company Facebook and Twitter pages and the business enjoys good visibility on the internet.
Scope to Improve;
- Advertising and marketing campaign
- Maximise the use of social media
- Website ideally with gallery and online ordering facility
- Extend the opening hours
- Consider opening as a bistro in the evenings
- Apply for an alcohol licence
- Expand the current menu
- Consider introducing a sandwich round delivering to local businesses at lunchtimes
- Explore online delivery options from the likes of Just Eat and Hungry House
Reasons to Buy;
- A well-established business with an enviable reputation and many existing customers
- Prime trading position opposite a busy retail park
- Loads of free car parking nearby
- Low running costs with inexpensive rent and no business rates
- The rent is almost covered by the sub-letting income
- Possibility of renting the first floor if required
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success
- All fixtures and fittings included making this a real Turnkey business opportunity
- Little or no competition locally
- A real Lifestyle business
Hilton Smythe highly advise early viewing to avoid disappointment.
This lovely little business is likely to attract considerable interest.Location
Holt House Vintage Interiors & Coffee Shop is in Bromsgrove.
Bromsgrove is a town in Worcestershire. The town is about 16 miles north- East of Worcester and 13 miles south-west of Birmingham City Centre. It had a population of approximately 30,000 at the 2001 census.
Bromsgrove is intersected by the A38 which was bypassed to the east of the twin in 1980, the M5 motorway borders the west side and the M42 motorway starts at the north of the town. Because of the great transport links Bromsgrove District Council is aiming to create a technology corridor along the A38 which will obviously increase the number of people visiting the town centre.
Bromsgrove railway station is situated to the south of the town and was rebuilt in 2016 at a cost of £12million. There is also a bus station close to the business premises, buses operate to a wide area of Worcestershire and West Midlands.
Holt House Vintage Interiors & Coffee Shop is ideally situated in a busy main road position opposite a busy retail park and thus benefits from high levels of footfall and passing trade along with regular custom.
The business is beautifully presented and maintained with clear visible signage and distinctive livery and a pleasing upmarket feel. There is free on street parking immediately outside the premises as well as loads of free parking in the retail park opposite.Premises
Holt House Vintage Interiors & Coffee Shop occupies the ground floor of an attractive, period style, end terraced property and retains several original features. The premises are fastidiously maintained and have a nice ‘high end’ feel and briefly comprises;
With windows and glazed door to front creating a light, airy and inviting interior, high ceilings with original cornicing, picture and dado rails, bespoke counter on entrance with lovely original fireplace behind with tiled hearth and inset gas fire. There are several impressive interconnected rooms which invite customers to browse at their leisure and provides a lovely, intimate shopping experience.
A generous coffee shop with two bay windows to front and high ceilings which enhance the feeling of space even further. Carpeted flooring. There is an open plan serving area with a pine counter to the front with two drawers and cupboards beneath, cake stands with glass covers, painted antique effect base units, till, jacket Potato oven, coffee machine, stainless steel urn, refrigerated gateau display, menu boards, feature chandelier lighting, high quality tables and chairs provide approximately 25 covers but room for more, alcove with glass fronted chiller and lec larder fridge.
With tiled floor, stainless steel sink and drainer with double cupboard beneath, separate ceramic hand wash basin with wall mounted soap and paper towel dispenser, electric water heater, two drawer commercial dish washer, run of worktop, 4 slot Dualit toaster, Hotpoint larder fridge, perimeter shelving, magnetic utensil storage.
To the front of the business is a block paved seating area with tables and chairs and ideal for Al Fresco dining.Tenure
We are advised that Holt House Vintage Interiors is being sold as a leasehold business opportunity.
The business is being sold with a minimum 5 year lease.
The current rent is £15,000 per annum which is reasonable given the size and location of the premises.
We are advised that the business benefits from being exempt from business rates.Hours
Tuesday to Saturday 10.00 – 17.00
The business is run and managed by our client with the full time help of her partner and a part time member of staff.Financial Profile
Holt House Vintage Interiors & Coffee Shop generates an advised current annual turnover of circa £60,000 which is comprised of approximately £50,000 through the coffee shop and the balance through the vintage side of the business.
The business continues to grow at an impressive pace.