Bistros for sale in Basingstoke

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £370,000 Price Reduced Annual Turnover: £460,000 Annual Net Profit: £64,000
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Business Description

Intelligent Business Transfer are pleased to bring to the market this popular tea room and events bar. Established by the present owner in 2012, the business has quickly gained a great reputation in Basingstoke as a popular and high quality café/bar.

It serves light lunches and afternoon teas to people of all types and ages during the day whilst also doubling up as a bar, serving a range of cocktails, together with live music and other events on weekends and evenings.

It’s in an excellent location on the cultural heart of old Basingstoke, and is positioned close to banks, the main post office, museums etc. which provides a high footfall of passing trade. It’s a somewhat larger than the average tea bar, with its open plan seating extending back 25 metres, and making it ideal to convert to an area for live music, a dinner dance or other one-off events.

The leasing arrangement also covers two self-contained one-bedroom apartments on the first and second floor, and there is a garden and limited parking to the rear of the premises.

With scope to extend opening hours and expand the range of one-off events, this business has great future potential and would be ideally suited to anyone wanting to own and run a lively, popular and centrally located café/bar.
Number of Employees: 5

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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