Restaurants for sale in Haverfordwest

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Extremely successful restaurant in a thriving seaside village.

Haverfordwest, Dyfed, Wales

  • Leasehold Price: £149,995
  • Under Offer
  • Turnover: £313,855
Seller Reference: B05913
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05913
Request Details
Business Description
Business
Please quote reference B05913

Hilton Smythe are delighted to present to the market 35 Main Street, an exceptionally presented café, licensed restaurant and two bedroom owners apartment included in the accommodation.

The business has been transformed by our client in 2018, who due to change in family circumstances is now looking to sell.

The "PEMBROKESHIRE NATIONAL TRAIL  (186 MILES LONG) pass in front of the premises.

Our client’s vision for 35 Main Street was to serve fresh, local, beautifully presented, and delicious tasting food, in a warm and friendly environment. The business is particularly known for its array of local seafood especially for its homemade beer battered fish and chips, Solva lobster and crab.

The menu includes –


  • 7 x Breakfast & Brunch options (served from 10am to 11.30am)

  • 9 x Main Event meals (with a strong seafood focus)

  • Wraps, Baps & Butties (served from 12-3pm)

  • Children’s menu

  • Sides

  • Fresh coffees, teas, hot chocolates & soft drinks

  • Bottled beers & ciders, wine by glass or bottle, fizz

  • Local gins & selection of spirits


There is also a daily specials board which changes regularly depending on the seasons and what the local fishermen bring in.

The evening menu available on a Friday/Saturday includes an extended menu which includes fresh lobster, Bass, Thai beef salad, garlic & chilli seafood linguine.

The business also caters for the growing number of customers looking for vegan, vegetarian, gluten free or plant-based options.

Special events – part of the business’s success has been derived from its involvement within the community, they support local events, shopping evenings, local artists, live music and specific calendar events from Halloween parties. fireworks, Easter & Xmas Fayres.

Due to the outstanding success of the café/restaurant side of the business, our client has not fully opened the B and B side. The three letting bedrooms are ready and fitted out for immediate letting purposes. Two of the rooms a balcony each and views over the harbour and National Trust hills.

Room rates average at £85 per night with 2 of the B & B rooms looking straight down onto the harbour. The bright rooms provide the perfect base to explore what Pembrokeshire has to offer.

Very rarely to dual focus business types of this standard come onto the open market in this area and we would advise anyone looking for new lifestyle changing opportunity to make an early enquiry to avoid disappointment.

Our client also offers a full business handover to ensure the smooth transfer to any new owner.

*** 4.8/5 Facebook Customer review score
*** 4 Star TripAdvisor reviews


Excellent website page included.

Customer Reviews

“We popped in for a drink after a great coastal walk today. We met Hannah, the new owner. We said we were sorry to have missed our opportunity to try their famous lobster as we had arrived too late. Hannah said, ‘My dad caught a lobster this morning, it’s cooked and I can box it up for you to take away!’ It was delicious! Go eat at this great place. The cakes are gorgeous, service is friendly and quick, and the setting is breathtaking… Everyone should try their amazing fresh lobster. Thank you Hannah for your kindness – Kayla”

“Excellent food and service. 35 star! – James”

“Brilliant place to eat, wonderful food, great prices, very helpful staff, dog friendly, can eat inside and outside, a wonderful discovery! Thank you for making me feel so welcome! – Jenny”

Location
35 Main Steet occupies a highly sought after and unique trading position on the Pembrokeshire National Coast Path.

The business enjoys clear views of the harbour. There is a National Trust Car Park adjacent to the restaurant. 

Solva is bustling village on the south side of St. David’s Peninsula. The village is split into two separate areas, Upper Solva (a mainly modern development) and Lower Solva (a long shopping street ending at the harbour).

Solva is known as the jewel of the Pembrokeshire Coast National Park and is well known for its walks, sailing, fishing and simply relaxing.

The village is centrally located between both St. David’s and Newgate, accessed just off the A487.

The nearest train station is in Haverfordwest. There is also a regular bus service to St. David’s and Haverfordwest or the Puffin Shuttle.

Premises
Fixtures and fixings are subject to negotiation.

The premises have undergone extensive refurbishment which has included a new boiler, upgraded owners bathroom/shower facilities, new owner’s kitchen equipment.

Ground Floor –


  • 35 cover dining room

  • Front self enclosed patio dining area. Internal front dining area with ice cream counter and seperate main counter. Customers W.C. Main fully and complied with commercial kitchen.

  • Rear yard for bin storage. Second rear yard with office/storeroom


First Floor – 



  • Bedroom 1 with en suite and harbour view,Bedroom 2 with separate showeroom/W.C. Bedroom 3 with en suite.  Separate owners large dining/lounge/kitchen area with enternal stairway to ground floor restaurant kitchen.



Second Floor – currently used as owners’ accommodation



  • The owner's apartment comprises two bedrooms and recently installed bathroom,W.C. and separate shower unit. 



External –


  • A private terrace includes 38 further covers – there are a selection of solid wood chairs/tables, bench seating with parasols. There is also a gas fired BBQ for outside events.



Tenure
A 15 YEAR LEASE AS FROM JUNE 2018 WITH 13 YEARS UNEXPIRED AT A RENTAL OF £30000 P.A. THIS LEASE HAS THE FULL PROTECTION OF THE 1954 ACT. THE LEASE CANNOT AT REVIEW BE INCREASED BEYOND £40000 P.A. DURING THE REMAINING 13 YEAR TERM.

Hours
The business is open everyday from 10am to 9pm during the Summer.  

The whole of January is closed including the first two weeks of February.

Staff
The business is run and manged by our client with the help of 11 trained staff, who are on zero hours contracts. 

Financial Profile
As of the 2018/2019 accounts, the business enjoyed a Turnover of £313,855.

Between 20th July to 17th August 2020, the business generated a gross turnover of £84,800, with a weekly turnover of £21,200.

Our client has also carried out a full reviews of costs/staffing levels which should see the adjusted net profit for this year result in an Adjusted net profit in the region of £47,000.

Please quote reference B05913

Tenure:
Leasehold
Listed by:
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