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Licensed Daytime Cafe/Bistro with Apartments in Prime Sherborne Location For Sale

Sherborne, Dorset
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LICENSED DAYTIME CAFE/BISTRO Photo 1
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LICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTROLICENSED DAYTIME CAFE/BISTRO
  • Status

    FOR SALE

  • Date Submitted:

    13/02/24

  • Advert ID

    606718

  • Reference

    TR035460R / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £150,000
  • Turnover: £577,508 (£11,106 Per week)
  • Net Profit: Not Applicable

Business Details

LICENSED DAYTIME CAFE BISTRO



Famous COFFEE SHOP/CAFÉ, sought after NORTH WEST DORSET town, occupying premier SHERBORNE town centre trading position, a hugely desirable and affluent town. Fronting the main shopping thoroughfare, surrounded by national retailers and other businesses, close to famous Abbey, renowned private schools and popular residential areas.

A substantial unique 3 storey landmark property offering masses of character and occupying a huge site considered most valuable, very deceptive with viewing essential to appreciate size and opportunity on offer. Main ground floor dining area offering 56 covers, 2 additional overflow dining areas offering a further 66 covers, lucrative enclosed leafy garden area offering in excess of 50 covers. Very large extensively equipped commercial kitchen, abundance of storage facilities along with cloakroom facilities.

Also benefitting from 2 self-contained apartments which rarely accompany businesses of this nature, suit owners or staff, can also be let long term or short term holiday lets/Air B&B proving popular and generating additional income. Apartment 1 offering kitchen, sitting room, 3 bedrooms and bathroom. Apartment 2 offering kitchen, sitting room, 1 bedroom and bathroom.

A destination business renowned for its quality offering freshly made on the premises, benefiting from an alcohol licence. Under current ownership approx. 15 years, Sales 2022 £577,508 ex Vat, Gross Profit £405,450, equates to excellent 70%, trading daytimes only, predominantly staff run. Attracting regular local trade in addition to that from other surrounding towns and villages, also popular with visitors and holidaymakers to the area, represents rare opportunity.

Leasehold £150,000 sav Ref: TR035460R

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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.

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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.

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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.

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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.'.

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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.

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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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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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The data showed regarding this advert 'LICENSED DAYTIME CAFE BISTRO - TR035460R / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.