Restaurants for sale in Hornsea

View the "Swiss Cottage, Hornsea, HU18 1PH" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £399,950 Turnover: £100,000
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular restaurant & bar in the seaside town of Hornsea, East Riding of Yorkshire,

The business was originally established in the 1960s and has been in our clients’ careful ownership since 2008. Only now is the business being offered to the market due to our clients’ desire for retirement. The business operates 7 days per week and generates a turnover in the region of £100,000 per annum, with a good gross profit.

Our clients’ offer a wide variety of freshly prepared fayre, using only the finest locally sourced produce. The restaurant is very attractively furnished and is fitted out to suit the trade with approximately 30 covers. The licenced bar is extremely well fitted out and boasts a further 32 covers plus standing areas. The property also offers spacious 3 bedroom accommodation to the first floor, which could be used by new owners or let out to generate further income.

The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The restaurant and bar boasts excellent reviews on the popular travel website Trip Advisor.

We feel there is scope to increase the turnover by extending the opening hours, as the business is currently run at a pace to suit our clients. A new owner could also embark on a modest marketing campaign to highlight the excellent fayre and service offered. We also feel the business would benefit from the launch of a website to promote the business, which could incorporate online booking facilities.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Swiss Cottage Restaurant & Bar occupies substantial two storey premises, ideally located within the seaside resort town of Hornsea, East Riding of Yorkshire. The property is surrounded by a mix of residential and commercial properties, just a few minutes’ walk from the beautiful beach, therefore the business benefits from a high volume of footfall and passing trade. The business further benefits from good car parking facilities, with a large car park opposite the premises.

Hornsea is a small seaside resort, town and civil parish in the East Riding of Yorkshire. The town boasts a beautiful Blue Flag beach, quaint promenade and a towering Victorian folly. Once known for its pottery production, the town is now home to Yorkshires largest freshwater lake, which boasts over 250 species of birds and plenty of opportunities for sailing, fishing and feeding the ducks and swans.

The area of the business is well served by the public transport system, with a bus stop just a few meters away from the premises. The nearest railway station is Nafferton, which is approximately 16 miles away. The area is also well served by the A-roads, with the A1035 being within easy driving distance, which links to the national A-road and motorway networks. Beverley is approximately 13½ miles away and Hull is 16½ miles away.

PREMISES
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor with:

Licenced bar:

Fully carpeted throughout.

Reception lounge area with attractive furnishings.

32 covers.

Fully fitted bar with 6 points of dispense, a range of optics, bottle chiller display cabinets, storage shelving, glass washer and electronic cash register.

Restaurant with:

Fully carpeted throughout.

Attractive furnishings.

32 covers.

Commercial kitchen with:

Full extraction system.

Stainless steel work surfaces.

6 x burner gas cooker.

2 x deep fat fryers.

Dishwasher.

Five pot Bain Marie.

Salamander.

Various refrigerators.

Grills.

Freezers.

Ladies and gents WCs.

Beer cellar/bottle store with delivery access.

First floor with:

Spacious lounge area with patio door to balcony terrace.

Kitchen with fitted wall and base units.

Office/study.

3 x bedrooms.

Family bathroom.

Separate WC.

External:

Well signed.

Side access to private parking facilities for 3 vehicles.

Garden to rear.

Lean to store.

Utility /laundry room.

Double garage with walk in freezer.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday – Friday: 7.00pm – close

Saturday: 6.30pm – close

Sunday: 12.00pm – 3.00pm and 7.00pm - close

STAFF
The business is owner run and managed with 6 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £100,000 per annum, with a good gross profit.



Tenure: Freehold

Listed by: Hilton Smythe
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