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Bistro with Letting Rooms and Takeaway Licence in Betws-y-Coed, Conwy, Nort

Price:
Freehold - £595,000
Turnover:
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Seller Ref:
2199
Location:

Wales, North Wales, Betws Y Coed

Business Type:

Commercial Property, Food Service Businesses, Hotels

See Other:
Cafés for sale in Wales
Restaurants for sale in Wales
Bed & breakfasts for sale in Wales
Guest houses for sale in Wales
Pubs and hotel property for sale in Wales
Food service businesses for sale in Wales
Hotels for sale in Wales
Commercial property for sale in Wales
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular bistro , which also offers 2 letting rooms, in the delightful Snowdonia village of Betws-y-Coed, North Wales. The business was established by our client in 2005 and is only now being placed on the market due to his other business interests. The business generates a turnover in the region of £350,000 per annum with a gross profit of 54% derived from offering a variety of seasonal Welsh menus as well as modern dishes in the 68-cover bistro. The recently introduced letting rooms have both been completely refurbished and will offer additional income. A new owner could increase turnover by introducing a third letting room, extending the bistro opening hours and perhaps offering corporate catering. Planning permission was in place to extend to the side and to add a retail unit. Although this has now lapsed, we believe a new owner would have little problem in getting planning approved again. The property offers self-contained owners' accommodation to the first floor and a private parking space. We feel this represents an ideal lifestyle change opportunity to acquire a well renowned and respected business in such an idyllic location. Early discussions with Preferred Commercial must come highly recommended.
Location Details:
Bistro Betws-y-Coed is ideally located on the main road through the delightful Snowdonia village of Betws-y-Coed. The bistro and letting rooms occupy a prominent detached traditional stone-build property, which benefits from a public car park close by and a high footfall. Betws-y-Coed is a principal village in the Snowdonia National Park and is an ideal base to explore the many surrounding attractions. The business is surrounded by guest houses, hotels and other tourism related concerns and lies just a short walk from the mainline railway station and Snowdonia National Park Visitor Centre. The business lies on the A5, which leads to Bangor, approximately 17 miles away while Conwy and the A55 North Wales Expressway lie approximately 14 miles to the north.
Trading Hours:
Mon-Tues:Closed Wed-Sat:11.30am-3.30pm & 6.30pm-9.30pm Sun:11.30am-4.30pm & 6.30pm-9.30pm
Accommodation:
Substantial traditional stone-built detached property offering 63-cover bistro, letting rooms and owners' accommodation. Briefly comprising: Ground Floor • Reception hallway • Main dining area offering 55 covers, wooden bar area, • Store room • Ladies and gents WCs • Second dining area with 13 covers • Commercial kitchen fitted to suit trade First Floor • Room 2: recently refurbished letting room. En-suite facilities • Room 3: recently refurbished letting room. En-suite facilities • Self-contained room ideal for conversion into third en-suite letting room • Owners' accommodation comprising double bedroom, bathroom with WC, wash basin and shower, carpeted lounge and kitchen with a range of fitted wall and base units Second Floor • Staff bathroom with WC, shower and wash basin • Office area External • 4 x wooden tables to front for al-fresco dining • Enclosed rear yard with dry store with 2 x freezers and walk-in chiller • Owners' car parking space
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Business Documents:
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