Amity Coffee Co. buys Lloyd’s
Former pub to be completely renovated as new location for Main St. coffee house
PENN YAN — Amity Coffee Co. has purchased 3 Main St. in Penn Yan, formerly the well known Lloyd’s Limited Pub, for their new location. Amity owner Lyndsi Stoltzfus recently closed on the property, and says she and her family will begin the redesign and renovation almost immediately.
Stoltzfus has financed the property with a loan from Lyon’s National Bank in Penn Yan, and with a low-interest business loan from the Finger Lakes Economic Development Center for $75,000 for seven years with payments amortized over 10-years at fixed interest rate of 1%.
“The opportunity allows them to own the facility they operate out of,” says Mike Lipari, Economic Development Specialist at FLEDC; “they are currently renting.”
The loan is to assist in the renovations to the building, including: exposing the brick walls and ceiling, building a new bar area, installation of two new bathrooms, and painting the exterior of the building. The total project has an estimated cost of $306,000 for the building acquisition, renovations, and purchase of equipment.
Stoltzfus expects to move Amity Coffee Co. down the block to its new location in April once renovations are complete, with very little interruption of business. She says once there, they will expand the menu options and possibly increase the hours of operation into the evening.
With ownership of the building, Stoltzfus is also exploring the possibility of installing their own coffee roasters in the future, adding another aroma to the neighborhood already known for the roasting buckwheat groats of nearby Birkett Mills.