Cafe for sale

Chard, Somerset, TA20

£17,999

Property Description

Commercial information

  • Business for sale

Key features

  • Ref:B06020
  • Leasehold

Full description

Business
Please quote reference B06020

Hilton Smythe welcomes to the market an exciting opportunity to acquire The Art Café & Bistro, a multi-functional business located on Holyrood St, Chard. The business has been established for over 20 years, trading as a contemporary Café and bistro.

The café offers a range of delicious dishes and further benefiting from having an alcohol licence in place, serving a selection of beers, wines & spirits. Along with the café, the business also has The Art sales, which are currently sold at 20% commission.

The ground floor was previously sub- let and ran as a shop, there are options to run as a shop, expand the bistro, or sub-let again.

The Art Café & Bistro has been under the careful ownership of our clients for the last 2.5 years, growing the business to an impressive level with an excellent local reputation.

The google reviews are 5 star with customer comments stating ‘Food was delicious, Service excellent great atmosphere. Definitely recommend.’ And ‘love this place, clean, neat, artwork, lovely homemade food, presented lovely. Lovely waitress and just a great place to be and not expensive.’

Our client would be willing to offer a handover period to the purchaser, this will help the transaction run smoothly.

Hilton Smythe highly advise early viewing to avoid disappointment. This is an outstanding turn-key business which offers a new owner the opportunity to take this business to the next level.



Location
The Art Café & Bistro is ideally located within the town of Chard, Somerset. The property is situated in a prime trading location within a parade of complimentary shops and businesses and benefits from a vast amount of footfall and passing trade. The area of the property is surrounded by large residential areas from which the business derives much of its trade. Chard lies on the A30 road, near the Devon border and has a population of approximately 14,000 residents.

The property is well served by the public transport system with several bus stops within easy walking distance of the business. The nearest railway station is approximately 7 miles away in Axminster. The area is also well served by the A-roads with the A30 and A-358 both within easy driving distance of the property, which link to the vast A-road and motorway networks. Taunton is approximately 15 miles away and coastal resort of Lyme Regis is 13 miles away.



Premises
The Art Café & Bistro has excellent eye-catching signage. The interior is beautifully presented with modern, bespoke decor and lighting. Furthermore, all cafes/restaurants on the street have all been allowed outdoor dining on the street. 

The entrance leads to the ground floor, which was previously the shop, with stairs leading to the café on the 1st floor.

The restaurant is a generous size currently set up for 36 covers with the seating area made up of tables and chairs, there is plenty of room to add more covers. In the centre of the café is the bar area.

The premises has a generously sized and comprehensively equipped catering kitchen, with 2 stock rooms and a cleaning area.

WC x 2 on the 1st floor. There is also a disabled WC and baby changing unit on the ground floor. 

The following equiptment is also included in the sale; 

  • Full extraction system
  • Barista coffee machine and grinder
  • 2 microwaves
  • Fryer
  • Grill
  • 6 hob gas oven
  • Plate warmer
  • Ice machine
  • Wine fridge
  • Numerous fridges and freezers
  • Washing machine


Tenure
We are advised that the business is being sold on a leasehold basis, with 3.5 year remaining on the 6 year lease. The rent is £1,150 per month and has £0 rates payable. 



Hours
The business hours are; 

Monday – 08:30 - 15:00
Tuesday – 08:30 - 15:00
Wednesday– 08:30 - 15:00
Thursday – 08:30 - 15:00
Friday – 08:30 - 15:00
Saturday – 08:30 - 14:00
Sunday - Closed



Staff
We are advised that the business owner run and managed, with the help of 1 full time and 1 part time members of staff.



Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £85,000, with an adjusted net profit in the region of £30,000. Full financials can be made available upon further request.

Please quote reference B06020




Nearest station

  • Axminster (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299078 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

  • Axminster (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299078 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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