Award-Winning Café Based in North-East Somerset

Wells, Somerset
REF: R07083

Asking Price:
£165,000
Annual Turnover:
£259,883
Annual Net Profit:
£60,213
REF: R07083

Overview

Tenure:
Leasehold
Established:
4
  • Inviting Cosy Atmosphere
  • Thriving Reviews Online
  • Professional and Well-Presented Website
  • Homemade and Home baked Food
  • Ideal Tourist Location All Year Round

New to the market is a family run business which proudly serves home cooked food and freshly baked cakes. There is something to suit every customer from an extensive menu of delicious food made with fresh, local ingredients.

Established in 2007, the business has grown from strength to strength, awarded TripAdvisor’s certificate of Excellence for 4 years running. The large premises can accommodate for functions, parties and events. Plus, they have a courtyard area with 12 cover spaces – perfect for sunny occasions. The cafe receives consistent trade throughout the year in and out of tourist season.

The business is for sale on a leasehold basis.

The business runs from an impressive a three-storey Georgian building with painted stucco frontage, slate roof, double front and two front doors. On the top floor resides the office, storage and staff room. The first floor accommodates all soft seating – 20 covers. On the ground floor, there are 62 covers, 12 in the courtyard and 4 out at the front. The entire premises is decorated beautifully from top to bottom. Inside there is a welcoming serving counter, customers toilets, a good-sized well-equipped kitchen, freezer room, staff toilet and separate washroom. There is a back entrance to the courtyard and an exit to the rear containing two designated parking spaces.

All equipment is included in the sale. The vendor will provide an inventory list upon request.

Hugely popular with locals and tourists alike, the new owner could walk into a highly sought-after property with vast scope for the future.

For further growth, the business could open on Sundays and the evenings, attracting a broader clientele and access more revenue. They also have an alcohol license and a superb venue space to set up an evening bar. The new owner could also implement deliveries and outside catering and proactively host more private events and parties in the perfect upstairs function room. Ideally, this business would suit an experienced caterer, passionate about fresh food and looking to invest their time and efforts into running a successful catering service.

The current owners are willing to negotiate a short transitional period to help the new owner familiarise with the business operations.

Loading...
  • Popular tourist spot
  • Prime location
  • Situated on busy street
  • High levels of passing trade
  • Heavy footfall
Rent
£17,000
Rates
£7,200
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£