Cafe for sale

Potted Out Café, Stock Lane, Grasmere, LA22 9SJ

Offers in Region of £695,000

Property Description

Commercial information

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

Full description

Tenure: Freehold

Potted Out Café occupies a superb trading position in the centre of the picturesque village of Grasmere. Occupying modern and tastefully appointed ground floor premises, the café extends to 40 covers internally and is complimented by 48 covers on the frontage and to the side, which are particularly well used not only for Al Fresco dining but also are ideal for walkers. The back of house catering facilities and storage areas are also modern and well-equipped in what are very easily managed business premises.

Grasmere is without doubt one of the ''honeypot'' tourist centres in the Lake District National Park. The poet – William Wordsworth – spent many years in the village and his homes ''Dove Cottage'' and in later years ''Rydal Mount'' still house many mementos of this great man. This famous village is a tremendous tourist attraction in its own right, providing a superb base from which tourists can explore the whole of this area of outstanding natural beauty. Easy access to the M6 Motorway helps make Grasmere a year-round destination for outdoor activities and short breaks, not only in Summer but also in the Winter months.

The present owner acquired these closed premises in 2010 and immediately set about a complete refurbishment to create a café ideal for Grasmere's many discerning visitors. The first class premises were complimented by creating a locally sourced menu with something for everyone, making Potted Out a place to eat both in the daytime and the evening, particularly during the busy Summer months. Turnover quickly established itself at a high level making Potted Out Café a very profitable business. Having enjoyed his years creating and running this iconic business, the owner now wishes to sell to concentrate on other business opportunities.

THE PROPERTY

Of local stone construction, the accommodation is laid out on ground floor only.

PUBLIC AREAS

Ground floor café area to seat 40 with oak flooring and two lovely feature bay windows. Servery area with corner unit and back counter units with over-counter lighting.

SERVICE AREAS

Well-fitted back of house facilities with catering kitchen having a non-slip floor and fluorescent lighting. There is also a dry goods store and general store as well as inner hall with ladies and gents WCs.

OUTSIDE

Spacious Al Fresco seating area to the paved frontage and equally attractive side area extending to 48 covers. Rear storage yard area.

SERVICES

South Lakeland District Council at Kendal (01539) 733333.
Mains water, drainage, electricity and gas. Air conditioning to the front café area.

WEBSITE

www.pottedout.co.uk

PLANNING PERMISSION

Planning Permission has been granted and as part of the footing has been installed it is held in perpetuity. This permission includes provision of additional internal seating at both ground and first floor levels.

TRADE

Certified accounts as prepared by the owner's Chartered Accountants in the form of a Trading and Profit and Loss Account show trading profits (before finance costs, depreciation and management wages) of £145,672 for the year ended 28 February 2015 from (net of VAT) turnover of £404,579.

PRICE

Offers around £695,000 are invited for the freehold complete with goodwill and trade contents (according to inventory), but excluding personal items. Stock at valuation.

SPECIAL NOTE

Please note that the sale does not include the first floor flat which is owned by others. This is let by the freehold owner on a 999 year lease from 2001.

FINANCE

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.

Energy Performance Certificates (EPCs)

Nearest station

  • Windermere (7.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0046 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 station

  • Windermere (7.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0046 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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