Overview
Description
IDYLLIC FREEHOLD CAFE
Area of outstanding natural beauty
Cafe with delightful al fresco seating
Appreciating freehold asset
Huge Airbnb letting potential
Showing impressive adjusted net profits of close to £50,000 per annum
Weekly Turnover £3,000 to £3,500
REF 590407.
Business and Property £395,000
Hope Valley
IDYLLIC FREEHOLD CAFE in Hope Valley for Sale.
Set in one of the most picturesque villages in the Peak District National Park, this is a very rare opportunity to acquire a valuable and appreciating freehold property comprising of a licensed cafe accommodating 30 diners, with outside seating to the street front and large paved terrace seating to the rear, including a covered area complete with a wood-fired brick pizza oven, and first floor living accommodation which currently brings in rental income on a shorthold tenancy but could be used by the owners, or offered on the Airbnb market for a very profitable return.
THE BUSINESS – Owner operated and run on a fairly low-key basis, depending on the season. Obviously, during the warmer months, the outside areas really come into play, with lots of tourists as well as locals wishing to sit out and imbibe cooling drinks and ice-creams. Hikers, cyclists and dog walkers provide all-year-around trade. The business enjoys a lively social media presence on Facebook and Instagram along with over 400 Google reviews, averaging a rating of 4.6 (at the time of inspection). Average weekly takings range from £2,500 to £4,000 and the accounts show impressive adjusted net profits of close to £50,000 per annum. The two-bedroomed, first floor, self-contained flat has a rental income of £825 per calendar month. There is huge scope to introduce evening bistro trade as the current owner only opens to 3pm (4pm in summer). The business is licensed to sell alcohol and therefore wine tasting or pizza and prosecco events would prove to be hugely popular. There is lots of scope to extend the opening hours.
THE PROPERTY – End of terrace, highly attractive and prominent, traditional natural stone built property over ground and first floors and two loft spaces. The Cafe Comprises: Front entrance to two, open-plan customer seating areas. Original stone hearth feature fireplaces to both dining areas, as well as gas central heating radiators throughout. Eclectic mix of exposed stone walls, original oak beams and stone flagged floors. Warm rustic decor and great lighting. Sales counter with espresso servery and dessert displays. Spaciously laid out with bench seating accommodating at least 32 customers. Portable ice-cream trolley. Galley style catering kitchen (installed in 2020) with ample food prep and wash-up facilities, commercial quality catering equipment and takeaway serving hatch to the front. Outside Terrace: Accessed from the cafe counter area, a rear door leads up to the raised terrace area which can easily accommodate a further 35 customers. The terrace can also be accessed from a pathway running up the side of the property. A covered outbuilding accommodates the wood-fired pizza oven and log store, plus additional storage and outside toilet. Access to the first floor flat is via an external steel staircase at the rear of the building. Seating on bistro tables to the front of the cafe. The Flat: Self-contained with modern kitchen, bathroom with shower over bath, large lounge, double bedroom, single bedroom and two loft spaces.
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