Restaurant for sale

Greens Cafe, College Street, Grasmere, Cumbria LA22 9SZ

£150,000

Property Description

Key features

  • Rent £17,750 pa on a 12 year lease from 2020
  • Superb lifestyle change opportunity
  • Wonderfully positioned licensed café
  • Excellent trading figures but still with scope to develop.

Full description

Tenure: Leasehold

Location The property could hardly be better placed in the heart of Grasmere overlooking the village Green. There is free short stay car parking (one hour) immediately in front of the Green. On approaching Grasmere from the direction of Ambleside, take the first turning into the village at the mini roundabout opposite the Wordsworth Trust and Dove Cottage (the former home of William Wordsworth) and proceed through the village until the Green is seen on your right hand side. Turn right into the one way lane which is College Street where free car parking is provided. Greens Café will be almost opposite you at the right hand end of this terrace. There are larger public car parks close by. 

Description Very well presented and enjoying outside seating for around 40 covers in addition to the 35 inside, this highly popular and very successful licensed café enjoys an excellent turnover approaching £300,000 pa (after vat) and could be run effectively by a couple or with the additional support of staff, depending on personal preferences and requirements. The current owners operate usual business hours for a café, although the lease permits opening between the hours of 9.30 am and 9.30 pm, so there is obvious potential to develop the turnover further by catering for evening diners.

Grasmere is almost as well known the world over for its literary connections with William Wordsworth and the romantic poets as it is for its beautiful setting at the very heart of the Lake District National Park. The Park is now a Unesco World Heritage Site which attracts a reported 47 million visitors every year, spending around £3 billion annually, so there could hardly be a more opportune moment to move into the catering world, and what a perfect way to do just that. Small enough to be manageable, large enough to be popular and profitable with a solid income with potential to develop yet further- this opportunity will be someone's dream come true. It could be yours.

The property is offered on a 12 year lease from May 2020 at a rental of just £17,750 pa so you don't even need to find the capital for a significant outlay on a freehold property. The premises are offered fully equipped as a going concern and includes outside seating for around 28 covers outside at the front and 12 at the rear with over 35 covers inside in very comfortable and welcoming surroundings. There are ladies and gents WC's, a preparation room, a well equipped commercial kitchen and a very useful store. Some lovely views are enjoyed, which is just one of many reasons why this prominent establishment is so popular with many return customers, local and visitors alike.

A rare and wonderful opportunity - don't miss out.  

Accommodation (with approximate dimensions)  

Cafe Area 31' 6" x 18' 11" (9.62m x 5.78m) Wonderfully light and airy thanks to being dual aspect with large picture windows and external glazed doors, this immaculately presented café comfortably seats 30 or more in welcoming surroundings. With an open fire having slate hearth and surrounds, with a timber mantle providing a warm and cosy environment for all. The service area has base units and complementary work surfaces, a timber counter, and stainless steel sink and drainer with mixer tap. The café comes fully-equipped and ready for immediate use with a range of crockery and appliances including a Lincat hot water dispenser, Polar refrigeration ice maker, Mazzer Luigi coffee grinder, Rimini coffee machine, Blizzard drinks fridge, Electra fridge, and Samsung ER900 electronic till. Also with a Vaillant boiler, 3 radiators and a corner display cabinet.  

Commercial Kitchen 15' 8" x 11' 9" (4.79m x 3.59m) Having stainless steel work units, a range of base units and under the counter shelving, and with appliances including a Tefcold upright fridge, New World electric oven, Logik electric oven, 5 ring gas hob, Buffalo grill, Buffalo panini press, 2 De Longhi microwaves, Elitech upright fridge and an under counter freezer. With a double stainless steel sink with mixer tap, tiled walls and flooring, the kitchen comes fully-equipped and ready for immediate use with a range of equipment and utensils. 

Store 13' 1" x 7' 8" (4.00m x 2.35m) With both power and light, and with ample shelving providing excellent storage and appliances including a LEC chest freezer, Combi Steel upright freezer, Mondial Elite upright fridge, Scandinova upright freezer and Polar upright fridge. 

Office 6' 10" x 6' 6" (2.10m x 2.00m) An invaluable office space with shelving for storage. 

Cloakroom Lobby  

Ladies With WC, wash hand basin, extractor fan and dispensers for toilet tissue, soap, and hand towels. Having tiled walls. 

Gents With WC, wash hand basin, extractor fan and dispensers for toilet tissue, soap, and hand towels. Having tiled walls. 

Outside Having a part covered paved patio to the front with seating for around 28 covers, and an additional seating area for around 12 at the rear.

 

Tenure The property is offered on a 12 year lease from 17th May 2020 with an annual rent of just £17,750 pa, with a tenant only break clause at 6 years (May 2026) on full repairing terms.
A copy of the lease is available from our Ambleside Office. 

Business Rates Greens Café has a rateable value of £16,750 The amount payable for 2019/20 would be £8224.25 but with a retail discount of 33.3% applied the current owners pay £5482.83.
(For the year 2020/21 South Lakes District Council will increase this rate of relief to 50%) 

Services The property is connected to mains electricity, gas, water and drainage. 

Viewings Strictly by appointment with Hackney & Leigh Ambleside Office. 

Energy Performance certificate The full Energy Performance Certificate is available to view on our website and also at any of our offices. 


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Windermere (7.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hackney & Leigh, Ambleside

Hackney & Leigh Rydal Road Ambleside Cumbria LA22 9AW

01539 304021 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.

Floorplans


To view this property or request more details, contact:

Hackney & Leigh, Ambleside

Hackney & Leigh Rydal Road Ambleside Cumbria LA22 9AW

01539 304021 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 (7.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hackney & Leigh, Ambleside

Hackney & Leigh Rydal Road Ambleside Cumbria LA22 9AW

01539 304021 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.

Disclaimer - Property reference 100251019119. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hackney & Leigh, Ambleside. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data ©OpenStreetMap contributors.