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Commercial Property for sale

37 West Parade - LL18

£300,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well Established Truly Exceptional Café
  • Prime Trading Position in the Seaside Resort Town, trading 5 months a year
  • W/T £1,000, Fantastic Potential to Increase
  • Viewing Highly Recommended!

Full description

Tenure: Freehold

DESCRIPTION
This is a fantastic opportunity to purchase a truly exceptional restaurant, which occupies a prime trading position in the seaside resort town of Rhyl, North Wales that is achieving annual turnover of £60,000 based on only being open seasonally for five months of the year.

The area is a hive of activity with regular repeat trade from the local residents and visitors to the tourist town. Having successfully operated within the town for over 33 years, this well known business has acquired a truly enviable reputation for offering first class hot and cold snacks, hot and cold beverages, fresh ice cream on the café and thriving take away side of the business and a variety of freshly cooked breakfasts, lunches and evening meals on the restaurant side of the business. The restaurant offers a warm, friendly welcome and enjoys an extensive and loyal customer base, through word of mouth. The business operates from a central position of the high street, facing the main road and beach opposite the paddling pool.

The Café is a thriving business and is run under the current owners and offers terrific future growth potential. The current owners have stressed they have not exploited the true growth potential with the scope to extend opening hours and has only come to market due to the owners retiring.

The business would therefore ideally suit an ambitious and focused hands on operative, who can undertake an active marketing campaign to actively promote the business in the surrounding areas. This will significantly increase the weekly sales, whilst also enabling additional staffing levels and overheads to be kept to a minimum, in order to maximise overall profitability. This is an ideal turn key opportunity for the right buyer to truly exploit the growth potential.

A rare and exiting opportunity to purchase a well known business which occupies such a prime trading location. To avoid disappointment, viewing is highly recommended at the earliest opportunity.

Sales
Currently average £1,000 approximately.
Annual turnover of £60,000 only based on the business opening for five months of the year.

ACCOUNTS
Trading information will be supplied to seriously interested parties after viewing

TRADING HOURS
Monday — Sunday 11 30 — 18 00
5 month season

STAFF
The business is managed by the owners with 4 part time staff

Building External
Single fronted 4 storey premises occupying a prime town centre trading position.

BUILDING INTERNAL
Well presented cafe which is fitted and decorated in a traditional style. The main bar servery area has a variety of comfortable seating with up to 31 covers. The cafe has a further 30 covers on the 1st floor. There are toilet facilities in the basement

RESIDENTIAL ACCOMMODATION
There is potential for accommodation above the business. The owner has looked into converting 2nd and 3rd floor into 4 one bed flats and it is possible to convert.

TENURE
We are advised that the property is freehold.

leasehold option available 10/15 years

SUMMARY
A first class business opportunity for an ambitious hands on operative who could truly exploit the business, viewing is a must to avoid disappointment!


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