ID : 22091
• Popular Cafe located in sought after Somerset town
• Well-presented throughout
• Completely refurbished in 2015
• Healthy turnover and profits with scope to improve
• Excellent local reputation
• Licensed to sell alcohol – would make a fantastic wine bar
• Desirable trading position just off the seafront
• Fantastic change of lifestyle opportunity
• Separate Yoga studio and meeting room
• Good mix of complementary businesses nearby
We are delighted to offer for sale this extremely well-presented Café which occupies a prime trading position on the main shopping street of this popular Somerset seaside town. We have been proud owners since 2015. It is now reluctantly being placed on the market as we are relocating out of the local area.
The business has built up an excellent reputation for its welcoming atmosphere, fantastic coffee and great service.
This extremely well presented turnkey café with function room and meeting room enjoys a central town centre trading position on a busy shopping thoroughfare with good pedestrian flow. Shoppers are attracted to the area by the famous beach as well as the range of independently owned businesses on offer. This thriving business is mainly operated as a daytime Café where all produce is sourced locally wherever possible and all food is freshly prepared and cooked to order. The premises are suitable for all types of cuisine. Additional income is generated from the Yoga studio and from the hire of the separate first floor meeting room.
The business is run by a dedicated team of full time & part time staff and generates a good turnover with healthy gross profit margins. There is tremendous potential to increase the turnover possibly running a modest marketing campaign or by extending the opening hours to include earlier in the morning or evenings, especially in the summer months.
Property: Leasehold
Lease Terms:
• The business comes with the benefit of a secure lease which was originally for 10 years and has 7 years remaining.
• Rent reviews are every 5 years
Leasehold Rent: £17,500 per annum
Premises Details:
Substantial and well maintained leasehold building, benefiting from being in a highly visible position on the main road that runs through this popular Somerset seaside town. It is close to the seafront and surrounded by an excellent mix of complimentary independent owned and multiple businesses.
The air-conditioned premises have been well maintained and are fitted and presented to high trade specifications throughout. These charming premises which were refurbished in 2015 provide outstanding and highly functional internal business accommodation.
The premises briefly comprise:
Ground Floor
• Open plan customer seating area with a range of free standing chairs, sofas and free standing wooden tables comfortably seating 35 plus customers. Dedicated area with ports for customers with laptops. Range of glass fronted and refrigerated display cabinets.
• Library area
• Retail area displaying a range of artisan products that include Chutneys, Ciders, Liqueurs and Fruit Crisps
• Spiral staircase
First Floor
• Hallway
• Store area
• Kitchen
• Toilet with facilities for disabled customers
• Meeting Room
• Function Room
• Stock Room
• Staff Toilet
• Office