Popular Seafront Café

  • Leasehold Price: £41,950
  • Annual Turnover: £72,800
Weymouth, Dorset, England
Seller Ref:GAT2150
For Sale

Popular Seafront Café

Weymouth, Dorset, England
Seller Ref:GAT2150
  • Leasehold Price: £41,950
  • Annual Turnover: £72,800

Overview

Seller Ref: GAT2150

Description

Gator Business Sales is pleased to be able to offer for sale this exceptional seafront café.

Café Blue enjoys a superb position on Weymouth’s famous Esplanade offering customers (and the owners!) sea, beach and palm tree views.

The current owners have profitably operated the cafe for in excess of 15 years and are now looking to retire.

The café is particularly well-known for its breakfasts and has fantastic Google and social media reviews.

Well-presented premises with a total of 32 covers – 20 inside and 12 outside on the popular pavement seating area.

5 star FSA hygiene rating.

Low operating costs.

The property benefits from 100% Small Business Rates Relief so no business rates are currently paid.

Whilst both popular and profitable, Café Blue has been gently traded by choice of our clients over the fast few years. This includes limiting the days of operation between October and Easter, together with an extended closure of 2 months in the winter. As such, the purchase offers lots of opportunities to growth-minded new owners.

Leasehold Terms:
The current 5 year lease runs through until September 2025. Passing rent is £12,500 per annum and is payable quarterly in advance. We are informed by our clients that the lease is fully renewable.
Trading Hours:
Spring and summer (7 days): 8.30am-2.00pm, autumn and winter (4 days Friday-Monday): 8.30am-2.00pm.
Number of Employees:
The business is principally operated by one of the owners who is assisted by weekend and casual staff as and when required.
Support and Training:
Tailored to the requirements of the purchaser.
Location Details:
Prominent position on Weymouth’s Esplanade. Nicely presented ground floor premises totaling approx. 36.7 sq m/395 sq ft. In addition there is a large basement of approx. 43.6 sq m/469 sq ft which is used primarily for storage. The outdoor seating area is approx. 12 sq m/129 sq ft.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

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