Cafe for sale

Bridport, Dorset, DT6

£67,500

Property Description

Commercial information

  • Business for sale

Key features

  • Valuable town centre trading position
  • Character premises enjoying low overheads
  • Dining/retail area, prep & kitchen facilities
  • In existence 45 years, holds alcohol licence
  • Sales 128,380 ex Vat, low daytime hours
  • EM&F reference number: TR34414R

Full description

Tenure: Leasehold

Description: A most attractive Café/Delicatessen, long established and well known throughout the area, trading easy daytime hours, serving popular light menu, retailing quality delicatessen lines, benefiting from holding and alcohol licence. Operating from attractive premises which enjoy favourable overheads, the rent amounting to £170 per week and currently receiving 100% business rate relief despite the busy town centre trading position. Providing attractive dining/retail area offering 14 covers, delicatessen counter, open plan waitress/preparation and kitchen facilities, useful storeroom and cloakroom whilst outside to the front space exists for a small amount of alfresco seating. Such is the length of time established coupled with trading position a great deal of regular repeat local trade is enjoyed together with a boost from visitors to the town, in particular during the busy summer months.

Location: Situated on one of the main shopping thoroughfares, fronting the main road which passes through the town, at the time of our inspection situated next door to Coral, close Superdrug, Boots, an opticians, TSB bank, Carphone Warehouse and Goadsby estate agents. A number of shopper's car parks can be found close by together with bus stops, taxi rank, bus station and Waitrose supermarket.

Area: Bridport is a vibrant town being the gateway to a World Heritage Site known as the 'Jurassic Coast, recently made famous by being the backdrop to ITV's flagship drama 'Broadchurch', lying at the western end of Chessil Beach, it is also a Beacon town promoting high quality and variety of local food with several food festivals taking place throughout the year. In addition to the substantial resident population it is also popular with second home owners and numerous celebrities, drawing trade from the many surrounding villages with market days twice a week. The nearby A35 provides excellent communication links with the remainder of Dorset, the county town of Dorchester lying approximately 15 miles away, whilst close by can be found the harbour village of West bay, approximately 2 miles and the other popular coastal destinations of Burton Bradstock and Lyme Regis ensuring the area is a magnet for day trippers and holidaymakers.

Premises: Feature curved glazed Georgian frontage, glazed customer entrance door opening to DINING/RETAIL AREA, quality vinyl flooring, wall mounted air conditioning unit, ceiling suspended pendent lighting and additional spot lighting. Freestanding tables and chairs provide 14 covers to include some window bench seating, box style display shelving to the walls, additional adjustable wall display shelving, display dresser and glazed front upright drinks chiller. To the rear, glazed refrigerated serve over DELICATESSEN counter complete with scales and cheese wires, additional side WAITRESS COUNTER housing coffee machine and grinder, fitted hand washbasin. Behind is the open plan PREPARATION/KITCHEN AREA, fitted with work counters, stainless steel sink/draining unit and wall storage shelving, contains stainless steel work table, 4 ring cooker, microwave oven, toaster, stainless steel upright double chiller, ham slicer and electronic till. An INNER LOBBY providing some storage leads to the main STOREROOM, contains chest freezer and upright freezer, leading off is the CLOAKROOM fitted with toilet and hand washbasin, back door opens to the rear of the property.

(None of the above appliances/systems have been tested and a purchaser must satisfy themselves as to the serviceability of these.)

Outside: To the front of the property, covered FORECOURT AREA where tables and chairs can be placed providing some alfresco dining facilities.

Business: Reputed to have been in existence some 45 years, under current ownership since 2015. Operating as a daytime café/delicatessen, the café side of the business serving a popular easily prepared menu to eat in or takeaway comprising breakfast, sandwiches, soup, baguettes, toasties, deli boards, Paninis, some specials and cakes. A selection of hot and cold beverages are also available, teas, coffees, shakes, smoothies and some alcoholic beverages to include local beverages. The delicatessen side of the business offers a good selection of quality cheeses, hams, preserves, biscuits, speciality beers, wines, ciders and some spirits together with hampers at Christmas. All year round local trade is enjoyed with a boost from visitors to the town, in particular during the busy summer months.

Trading Hours: Opening favourable daytime hours, Tuesday to Friday 10.00am through to 3.00pm and Saturday 9.00am through to 4.00pm.

Staff: Operated as a partnership by a husband and wife team albeit only one partner works in the business on a day to day basis, assisted by 1 full time member of staff and 2 part time members of staff.

Takings: Accounting information provided confirms a strong profitable business in respect of the financial year ended 31.3.18 sales amounted to £128,380 ex VAT returning a gross profit of £80,274, equating to an excellent 63%. The low day to day overheads, in particular those associated with the premises ensures the business remains most profitable, in particular if owner operated.

Comments: The sale of The Lime Tree Deli Café provides an opportunity to acquire an established popular business enjoying a lucrative town centre trading position lending itself to further development in the hands of new owners.

Tenure: Held on the residue of a 7 year renewable Lease, current rent £8,800 per annum.

Rates: Currently 'Nil' after 100% rate relief.

Price:£67,500 for the benefit of the Leasehold, Goodwill, Fixtures, Fittings & Equipment (according to inventory) plus stock at valuation.



More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Maiden Newton (9.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F , Devon

3 Cornhill, Ottery St. Mary, EX11 1DW

01404 606038 Local call rate

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

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Map & Street View

Nearest station

  • Maiden Newton (9.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F , Devon

3 Cornhill, Ottery St. Mary, EX11 1DW

01404 606038 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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