Cafe for sale

Cafe Bean, 41 South Street, Bridport, Dorset, DT6

£395,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes

Key features

  • Extremely Well Regarded Daytime Cafe
  • Dorset Town Centre Close to Coast
  • Cafe Dining Area (26), Al Fresco Seating (10)
  • Impressive 2 Bedroom Owners Accommodation
  • Outstanding Catering Opportunity

Full description

High quality and extremely well regarded cafe trading on a daytime only basis and occupying a lucrative trading position in a most sought after West Dorset town. Presented to a high standard throughout with Cafe Dining Area (26), Al Fresco Seating (10), impressive 2 Double Bedroom Owners Accommodation with Kitchen, Sitting Room and Bathroom. An outstanding catering opportunity with impressive and consistent levels of trade and profits which must be viewed in order to be fully appreciated.

THE PROPERTY
Cafe Bean is a thriving and extremely well regarded daytime only cafe business, operating on deliberately restricted hours and presented to an extremely high standard throughout. With an impressive 2 double bedroom cottage style owners apartment, the property has benefited from much upgrade and improvement by our clients during their 10 years of ownership. With origins reputedly dating back to the 18th Century, this character filled three storey Grade II Listed property offers a blend of both character and modern furnishings and décor and the business offers potential for incoming operators to build on the successful reputation of the existing business or for incoming operators to develop their own style of trade to suit their own requirements and take advantage of this well equipped restaurant premises with comfortable accommodation. Well presented throughout, the property briefly comprises:- attractive ground floor Cafe comfortably seating 26 customers; Al Fresco Seating to the front for 10 customers; extremely well presented 2 Double Bedroom Owners Accommodation with Sitting Room, fitted Kitchen, Bathroom and Separate WC.

SITUATION
Cafe Bean is situated in a prime trading position, amongst other complementary businesses and residential properties within the centre of the popular and busy West Dorset town of Bridport. Bridport is a vibrant and popular market town which holds twice weekly markets together with regular farmers and vintage markets. The town has a thriving music, arts and literary community, hosting the renowned Bridport Literary Festival. Bridport is situated close to the famous Jurassic coastline with the coastal resort of West Bay being 1½ miles south with its pretty harbour and beach, being better known as the fictional town of Broadchurch in the award winning TV series. The town is well situated for enjoying the Jurassic Coast, designated as a World Heritage Site by UNESCO.

INTERNAL DETAILS
Entrance door to front with small paned glazed door to Main Cafe Dining Area an attractive character room presented to a high standard in comfortable surroundings with feature bay window to front with small paned glazing, wood laminated flooring, wall lights, wall mounted menu boards, feature cast iron fireplace (disused), glazed cake display cabinet, electronic cash register, range of free standing tables, chairs and high stools comfortably seating 26 customers. Catering Kitchen with Altro non-slip flooring and fully tiled walls, fitted with a range of catering equipment to include:- 6-burner gas range, worksurfaces with open shelving below, double glass fronted bottle fridge, L'Anna coffee machine, coffee grinder, milkshake maker, filter coffee machine, Buffalo twin contact grill, 2 microwave ovens, stainless steel sink unit, commercial dishwasher, wall shelving, stainless steel hand basin, 3 under counter fridges, 2 under counter freezers, 2 toasters, extractor fan and display shelving unit. Rear Lobby provides further storage with door to rear and stairs to upper floors. First Floor Customer WC.

PRIVATE ACCOMMODATION
Situated on the first floor is the extremely well presented cottage style owners accommodation which briefly comprises:- Sitting Room an attractive room with feature fireplace with inset woodburning stove and window to front with window seat. Kitchen fitted with a range of base and wall mounted kitchen units and complementary worksurfaces with integrated gas hob, electric oven/grill and microwave. Bedroom 2 a good sized room (currently sub-divided to form 2 single childrens bedrooms) with built in wardrobes and aspect to rear. Bedroom 1 an attractive double bedroom on the second floor with aspect to front and exposed vaulted ceiling timbers. Bathroom on the second floor with a white suite. Access to loft space with boiler and hot water tank.

EXTERNAL DETAILS
To the front of the property is a Pavement Seating Area for up to 10 customers with bistro tables and chairs with an overcanopy. To the rear of the property is a bin store area with pedestrian rear access.

THE BUSINESS
Cafe Bean trades as a quality daytime only cafe and enjoys an excellent reputation with locals and visitors alike for its quality home made food, ambience and service. The business boasts an enviable level of regular repeat custom which is boosted by visitors to the area throughout the year and especially during the peak summer months, with a number of campsites, guest houses and self-catering accommodation providers in the surrounding area. Cafe Bean offers a popular and easy to prepare menu, freshly prepared to order, which includes all day breakfasts, hot and cold sandwich fillings, soup, paninis, jacket potatoes, home made bakes and cakes, hot and cold drinks, ice creams and the ever popular Dorset Cream Tea. The business has been awarded a 5 Star Food Hygiene rating. The business does not currently have an active website although it does have a Facebook page. Our clients have owned and run the business for 10 years, during which time they have continually invested and maintained the property and consequently the business and property is presented in excellent order throughout. An internal inspection is essential in order to fully appreciate the high standards inherent throughout all aspects of this business.

TRADING INFORMATION
Accounts for the year ending 31 March 2016 show sales of £99,654 net of VAT with an adjusted net profit in the order of £45,000 being achieved. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
Our clients have chosen to deliberately restrict the opening hours of the business, closing for 2 weeks annually in order to take holiday. The opening hours are 9:00am until 4:00pm Monday, Tuesday, Wednesday and Friday. 9:00am until 2:00pm on Thursdays and 8:30am until 4:00pm on Saturday. The business is closed on Sundays and all bank holidays.

CURRENT STAFFING
The business is run by our clients (1 full-time and 1 part-time) with the assistance of 4 part-time/casual members of staff, dependent on the levels of trade.

POTENTIAL
The sale of Cafe Bean provides an excellent opportunity to purchase a thriving, profitable and extremely well regarded cafe business with impressive owners accommodation in a popular and much sought after location. Our clients believe that there is tremendous potential to increase the current trade levels still further, particularly by increasing the opening hours, especially during the busy summer months. Without doubt, there are also opportunities to introduce evening opening and for Sunday lunches, for which demand exists. The sale of Cafe Bean represents a rare opportunity to purchase a high quality cafe business with owners accommodaton, the like of which rarely comes with a business of this nature. It offers new owners the ability to move in and start trading without the need for any major expenditure and also offers the opportunity for incoming operators to develop their own style of cuisine and trade in a manner to suit their own personal requirements. Our clients are prepared to offer a full handover and assistance to interested parties, should they so require it.

EPC
Listed property so exempt.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to The Valuation Office website www.voa.gov.uk.

SERVICES
All mains services are connected to the subject property.
PRICE & TENURE
£395,000 for the valuable freehold property as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392) 201262.Email:info@stonesmith.co.uk
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.



More information from this agent

Nearest station

  • Maiden Newton (8.9 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest station

  • Maiden Newton (8.9 mi)
Distances are straight line measurements from centre of postcode

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