A UNIQUE BUSINESS B&B WITH CAFÉ IN THE HEART OF HAMPSHIRE
Price:
Leasehold - £44,995
Location:
Hampshire , Andover
Business Type:
Food Service Businesses, Hotels
This is a superbly appointed café/bar which has been serving the local community and wider afield for a number of years
and is well and truly a fixture within the local area and is well supported.
The business is a very well appointed single fronted unit just off the high street that is in need of some modernisation, the
current owners had let the unit out for 6 months but has had to take it back just 6 weeks ago and is trying to build the
business back up to where it was 6 months ago which was taking £900p/w in the café and £1000 p/w on the b&b side.
The vendor currently benefits from local workmen staying in the B&B which they are charged £27,00 for single to £54,00 for
a twin en-suite with full breakfast and at present the owner has an occupancy of up to 75%.
The current owners have set this up to be a café which servers a selection of café food from Sandwiches to full English
breakfasts also specials board which serves home cooked delights.
The unit operates 7 days a week with the café during the day, opening at 8.30am and closing at 2p.m
The business is run by the current owner single handedly and the business was purchased in late 2003 with the view to
running the business for a long period into the future. Unfortunately, due to her other business commitments she would
like to put this to the market so that somebody can continue to grow it further an enhance the current success.
The current owners have invested a vast amount of money into the actual b&b and into the appearance of the cafe. It now
has a bright welcoming feel to it.
The business comes fully fitted with an array of fixtures including all the b&b equipment which owner values at between
£25,000 and £30,000.
The premises are fully secure and will have a new 15 years fully renewable lease.
The current owner has anther business which she would like to dedicate her time to, there is tremendous potential, this
unit would suit an owner occupier or a couple who wants to put a manager in to run this without having to much to do
themselves as this is already up and running.
We believe the business is truly a great business and would be an ideal purchase for a partnership or couple who can fully
utilize the businesses current demand for driven and ambitious entrepreneurs.
DEMAND IS EXPECTED TO BE HIGH WITH THIS BUSINESS AND WE WOULD ADVISE EARLY VIEWINGS
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