Business

Prominent Belfast coffee shop/restaurant is up for sale

Belfast Tea and Coffee Co in Royal Avenue has gone on the market

AN ESTABLISHED restaurant business on the edge of the Cathedral Quarter in Belfast city centre, within a busy retail and office area, has gone on sale.

Agents Templeton Robinson Commercial, which has listed the property, says the sale of Belfast Tea and Coffee Company at 107 Royal Avenue is "an excellent opportunity" for potential investors.

Belfast Tea and Coffee Company is a fitted cafe with 32 covers on the ground floor and 16 on the first floor.

The ground floor includes a coffee shop at 850 sq ft, a 60 sq ft kitchen area and a toilet area, while there is also 275 sq ft of mezzanine seating and offices of around 460 sq ft.

Its current six-year lease started from February 2018, with a rent of £18,000 per year.

The premises is in close proximity to Castlecourt shopping centre and the expanded Ulster University campus at York Street, and footfall will be boosted by more than 16,000 students when the university open.

Neighbouring occupiers include Belfast Central Library, The Money Shop, Dawsons Music and Tesco.

A spokesman for Templeton Robinson said: "This is an excellent chance for the right person or company looking to invest in a well established and thriving business in a prime city centre location, offering an immediate walk-in trading opportunity.

"There is also excellent potential for expansion and possible rebranding /franchising."

The listed building in which Belfast Coffee Company is located was designed by Thomas Jackson & Son and built between 1883 and 1884. It was granted a B1 listed status in 1979.

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