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Highly Rated Windermere Speakeasy Cocktail Bar in Cumbria for Sale

Windermere, Cumbria
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  • Status

    FOR SALE

  • Date Submitted:

    23/11/23

  • Advert ID

    603041

  • Reference

    B07677 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £69,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated Cocktail bar for sale

Business
Please quote reference B07677

CoGoGo are delighted to welcome to the market The Windermere Speakeasy, a highly rated Cocktail Bar in Windermere, Cumbria. 

The business was originally established in 2014, with our client taking over in 2019. During that time, the business has built up an excellent reputation and regular customer base. Because of this, the business has been raked the second best restaurant out of 55 to visit in Windermere and has been awarded a five star hygiene certificate.

The Windermere Speakeasy has now come to the open market due to our clients desire to pursue a change of direction. 

The Windermere Speakeasy is a unique haunt, by day a coffee and tea house which transforms to a cocktail and wine bar serving world class drink’s accompanied by Mediterranean themed delicacies by night.

Features of the business include;

  • Reservations
  • Seating
  • Alcohol
  • Full bar
  • Free wi-fi
  • Accepts credit cards
  • Table service
  • Dog friendly
  • Gift cards available
  • Afternoon Teas
  • Light bites
  • Signature cocktails
  • Fine wines
The business benefits from good visibility online with great reviews.

Key selling points - 

  • A well established business with an enviable reputation and many existing customers
  • Prime trading position in this popular resort town
  • Current owners happy to offer a handover to ensure the continued success of the business
  • Includes 1 bed owners accommodation or letting potential
  • Ideal owner managed or partnership business
  • A real opportunity to increase turnover and profits significantly, the current owners have been running at a pace to suit due to their other business interests
Scope for further growth -

  • Advertising and Marketing campaign
  • Maximise the use of social media
  • Website, ideally with a gallery and online ordering facility
  • Extend the opening hours
  • Explore voucher discounter offerings from the like is Wowcher, Groupon and Taste Cards
  • Introduce a customer loyalty card/scheme
Very rarely do café bars of this calibre come to market especially in such a sought after location. The business is likely to attract considerable interest so early enquiry is highly recommended.



Location
The Windermere Speakeasy is located on High Street in Windermere, Cumbria.

The business has clear visible signage, receiving high levels of footfall and passing trade. 

There is free on street parking in the streets and roads surrounding the premises. 



Premises
The business occupies a period style building and is nicely presented. 

Cafe/Bar area -

  • Different seating and dining areas with wooden floors
  • Tables and chairs currently providing approximately 20 covers but with room for more
  • Service counter/bar area with till, coffee machines and shelving units
  • Under counter wine chillers
Kitchen area -

  • Commercial kitchen unit with range cooker with fan oven and 8 gas burners
  • Full extraction system
  • Stainless steel worktops
  • Dishwasher and microwaves
WC -

  • Customer WC's with hand wash basins
First floor -

  • Further seating and dining areas
  • The business also includes owners accommodation which could also be let out
  • Good sized double bedroom, kitchen facilities and a storage space. 


Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to negotiate a mutually acceptable lease with the new buyers. The current rent is £20,000 per annum. 



Hours
The current trading hours are

Monday - 4:00pm - 10:00pm

Tuesday - Closed

Wednesday to Thursday - 4:00pm - 10:00pm

Friday to Sunday - 12:30pm - 10:00pm



Staff
We are advised that the business is run and managed by one of the owners, with the help of 2 full-time staff members. 



Financial Profile
Further financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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