Restaurant for sale

Abbots Tearoom and Bed & Breakfast, 7 Long Street, Cerne Abbas, Dorset, DT2 7JF

£495,000

Property Description

Commercial information

  • Business for sale

Key features

  • Busy day time tea room & café
  • Central location in desirable village
  • 5 spacious bedrooms.
  • Walled garden seating approx. 45
  • Dorset Area of Outstanding Natural Beauty
  • Scope to develop trade. EPC Exempt

Full description

Tenure: Freehold

Description

A terrace three storey early 19th Century Grade II listed building with later additions. Located in a prominent position in one of the prettiest tourist villages in England, near Dorchester.

This is a great opportunity to purchase a landmark property with potential to further develop the food trade in an attractive tourist location.

Already a popular destination day time café specialising in Dorset Cream Teas and light lunches, this business would be suited to an owner operator partnership.

Location

Abbots Tearoom stands in the centre of Cerne Abbas, a conservation area and one of the most desirable villages in Britain.

Cerne Abbas is a popular tourist village near the main A352 Dorchester to Charminster road, with stone houses, 13th Century church and Benedictine Abbey. The major National Trust attraction, the Cerne Abbas giant, a 180 ft tall chalk figure carved in the hillside, is nearby.

Internal Details

The front entrance takes you into the main restaurant area featuring a central servery with seating overall for about 30 covers. The commercial catering kitchen has an open serving area directly into the restaurant, making the café manageable to run with a just a small team. In addition, accessed via the restaurant is a spacious room currently used as a office and store, however this could be incorporated into the café for additional seating. Ancillary areas include WCs, dry and refrigeration storage.

Fixtures & Fittings

Trade fixtures and fittings are included within the sale and an inventory will be prepared.

Letting Accommodation

Five letting bedrooms comprising: three double en suite, one twin en suite and family room with private bathroom accessed via the hall.

External Details

To the rear of the property is a pleasant garden and courtyard with table seating for around 45 covers. The garden has private access to the rear and shared access via an alley next to the property.

Owner's Accommodation

The present owners live offsite, however previous owners have lived above the café utilising the first floor rooms for their own use, instead of bed and breakfast.

The Opportunity

The business enjoys strong local repeat custom from nearby towns and villages as well as passing trade from the numerous tourists who visit the area. It is also licensed to serve alcohol throughout the day and evening. This is a superb opportunity to purchase a business with established trade, yet with scope for new owners to increase profitability by reducing the levels of staffing through a more hands on approach to running the business and increasing the trading hours of the tearooms .

For more information please visit: www.abbotsbedandbreakfast.co.uk

Staff

The business is run by the owner three days a week, with a small team of staff assisting through the rest of the week.

Trading Information

We are in receipt of trading accounts for year ended March 2016 which show a net turnover of £113,928 and adjusted net profit of £33,846. The current owner chooses not to work full time within the business which has increased the wage bill; a full time partnership could look to make staff costs savings of over £20,000 per annum which could increase adjusted net profits to over £53,000.

Trading Hours

The tearoom opens 7 days a week, 10am - 5pm, April through to October. The rest of the year the business trades 10am - 4pm, 6 days a week.

The business is closed January through to February half term.

Business Rates

Rateable value with effect from 1 April 2017 £9,500. We are advised the Abbots benefits from small business rates relief.

Regulatory

Premises Licence


Nearest stations

  • Maiden Newton (4.5 mi)
  • Chetnole (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Maiden Newton (4.5 mi)
  • Chetnole (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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