Business for Sale in SHERBORNE, Dorset LICENSED DAYTIME CAFE/BISTRO

Leasehold Price £175,000

Key Information

Reference
TR35460R
Tenure
Leasehold
Status
For Sale
Region
Dorset
Sector
Cafes
Annual Sales
£577,508.00 Exc. VAT
Accommodation
Yes

Business Information

Famous COFFEE SHOP/CAFÉ, sought after NORTH WEST DORSET town, occupying premier SHERBORNE town centre trading position, a hugely desirable and affluent town. Fronting the main shopping thoroughfare, surrounded by national retailers and other businesses, close to famous Abbey, renowned private schools and popular residential areas.

A substantial unique 3 storey landmark property offering masses of character and occupying a huge site considered most valuable, very deceptive with viewing essential to appreciate size and opportunity on offer. Main ground floor dining area offering 56 covers, 2 additional overflow dining areas offering a further 66 covers, lucrative enclosed leafy garden area offering in excess of 50 covers. Very large extensively equipped commercial kitchen, abundance of storage facilities along with cloakroom facilities.

Also benefitting from 2 self-contained apartments which rarely accompany businesses of this nature, suit owners or staff, can also be let long term or short term holiday lets/Air B&B proving popular and generating additional income. Apartment 1 offering kitchen, sitting room, 3 bedrooms and bathroom. Apartment 2 offering kitchen, sitting room, 1 bedroom and bathroom.

A destination business renowned for its quality offering freshly made on the premises, benefiting from an alcohol licence. Under current ownership approx. 15 years, Sales 2022 £577,508 ex Vat, Gross Profit £405,450, equates to excellent 70%, trading daytimes only, predominantly staff run. Attracting regular local trade in addition to that from other surrounding towns and villages, also popular with visitors and holidaymakers to the area, represents rare opportunity.

Leasehold £175,000 sav Ref: TR35460R

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