W/T £1,300 - GP 59%
Scope to Add Evening Hours
48 Internal Covers + 12 Outside
EPC Rating – C
Blacks Brokers are delighted to market this excellent freehold licensed tea room with three /four bedroom accommodation, which has become available for sale in the North Wales town of Bala. This thriving and popular business is situated in the main High Street of the town, which is the biggest town in the area, and a hub for surrounding villages. In addition the town is a natural stopping off point for travelers taking a rest on journeys to the west coast of Wales and a destination for a huge number of tourists enjoying the stunning North Wales countryside and all its attractions, including the superb Lake Bala to the side of the town.
The business serves a range of home cooked food at modest prices and utilising local produce as much as possible. There is a sixty cover traditional tea/dining room which features a fabulous Welsh slate fireplace. The dining room is supported by an ice cream dispensing room, fully equipped kitchen plus a storeroom and external freezer room. The vendors chooses to open the tea shop quite easy hours i.e. between 11:00 am and 5:00pm Monday to Sunday and close all day Tuesday producing an annual turnover of approximately £70,000 and a Gross Profit of 59%. Sospan Fach (Little Saucepan) is very popular with the local population but also benefits from other visiting customers such as bikers, cyclists, caravan owners, walkers, white water rafters, other trippers and tourists including coach trippers and many others. The location is a main focal point for the area and has the lion share of business during the extremely busy summer months, with a full alcohol licence and 40 covers the hours could easily be extended to open a bistro/restaurant, with obvious scope to further increase takings should new owners not wish to live on site, could refurbish the upper floor to accommodate further seating and therefore increase takings on a huge scale. The business is particularly popular for its traditional Sunday lunch.
The business is complimented by spacious and comfortable living accommodation comprising up to four bedrooms, a comfortable lounge and bathroom and features exposed beams. The flat benefits from central heating and partial double glazing and can be accessed by a choice of two staircases from the ground floor.
Blacks Brokers recommend early inspection of this business and property which will suit a buyer looking for a well-established business and which could also be a lifestyle change opportunity. We consider that there may be considerable opportunities for extending the current trading hours and to major more on the alcohol licence already in place. Our helpful staff will be delighted to arrange appointments to view the business and to supply any additional information required.Fixtures:
48 Covers Plus 12 Outside Covers With Potential for More, Bar, 2x Large Microwaves, Coffee Machine, Double Fronted Fridge, 2 Further Fridges, 2x Chest Freezers, Ice Cream Freezer, Display Fridge, 6 Burner Catering Cooker, 2 Basket Deep Fat Fryer, Bain Marie, Eye Level Grill, Large Stick Soup Blender, Double Commercial Sink and Drainer, Hand Wash, Prep Table, Multi Slice Toasters.
The vendors choose to open the following easy hours: 11:00am -5:00pm Monday to Sunday. Closed Tuesday. Blacks consider that there is huge potential to open longer hours and also to fully utilise the alcohol licence.
Restaurant, Kitchen, Ice Cream Dispensing Room, Ladies and Gents Toilets, Storeroom, Freezer Room, Toilet, 3x Bedrooms Plus Large Office/Bedroom, Bathroom, Lounge. Central Heating and Mostly Double Glazed.
Location Details: Bala / Y Bala
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