Profitable Daytime Cafe, Restaurant & Coffee Shop In Kingsbridge, Devon

RETIREMENT SALE AFTER 17 YEARS OWNERSHIP. Café Bewleys is a thriving and well-regarded licensed café, restaurant and coffee shop trading easy daytime opening hours, six days a week and is presented to an extremely high standard throughout. Set within a prominent and landmark grade II listed town centre property, reputedly the oldest building in Kingsbridge, the business offers potential for incoming operators to increase the current daytime only opening hours and to introduce evening openings, should they wish to do so. The sale of Café Bewleys also offers undoubted potential for new owners to build on existing levels of trade and to develop the style of trade to suit their own personal requirements and take advantage of this highly desirable catering business with an established trade and excellent reputation in a prominent high street location within this highly sought-after South Hams estuary town. The business occupies the ground floor of these characterful property and briefly comprises:- attractive Customer Dining Area comfortably seating 60 customers; fully equipped Commercial Catering Kitchen and Customer WC's.

SITUATION
Café Bewleys is situated in a prime trading location in the middle of Fore Street, the principal retail and professional office location in the popular and attractive South Hams market town of Kingsbridge, an extremely affluent estuary town. With a resident population of around 6,000 which is boosted considerably by visitors to the town throughout the year and particularly during the peak summer months, Kingsbridge also draws trade from the nearby coastal villages, hamlets and towns. Lying approximately 21 miles east of Plymouth, 17 miles south west of Torbay and 10 miles south of Dartmoor National Park, the South Hams enjoys one of the mildest climates in the UK and the area is widely regarded for its leisure, yachting, water sport and marine activities and is truly a very special place in which to live and work. The sale of Café Bewleys represents a superb opportunity to purchase a competitively priced, licensed daytime catering business with genuine potential to develop all aspects of the trade still further and an internal viewing is essential to fully appreciate all that these well-equipped premises offer.

INTERNAL DETAILS
Character and extensive glazed window frontage with entrance doors to the front leading into Main Customer Dining Area an attractive and well-presented character room with traditional glazed windows, to the front, carpeted flooring, painted ceiling timbers, wall mounted menu boards, feature lighting, upright dessert display cabinet, chest freezer, upholstered booth style banquette seating and 12 wooden topped tables comfortably seating 60 customers. Customer Servery with serve over counter and storage shelving below, tiled flooring, preparation worksurfaces, glass fronted under counter drinks fridge, commercial coffee machine, coffee grinder, shelving, 6 slice toaster, filter coffee machine, hot water still, smoothie/milkshake maker, hand basin, electronic cash register and a small ice cream freezer. Commercial Catering Kitchen with tiled flooring, part tiled and part stainless steel clad walls, fitted with a range of commercial catering equipment to include extraction system with stainless steel canopy, 6 burner gas range, eye level grill, 3 under counter freezers, upright fridge, small freezer, hand basin, under counter fridge, 1 door and 2 drawer commercial under counter fridge unit, 2 commercial microwaves, shelving, 4 pot bain-marie, twin floor standing deep fat fryer, panini grill, commercial dishwasher, stainless steel sink unit, stainless steel work benches, small chest freezer, takeaway serving hatch to the front. Customer WC's

THE BUSINESS
Café Bewleys is a busy and well-regarded licensed café, restaurant and coffee shop which trades on a daytime only basis, just six days a week. Presented in excellent order throughout, the business boasts impressive levels of trade and benefits from a lucrative and prominent main street trading position with the premises having been established as a daytime café and restaurant for many years, and our client is looking to retire after 17 years ownership. Through personal choice, our client trades the business on a daytime only basis as a licensed café, restaurant and coffee shop offering a popular menu ranging from breakfasts, hot and cold alcoholic and non-alcoholic drinks, morning coffees, lunches, light bites including sandwiches, pies and pasties, afternoon teas with a selection of cakes and desserts. The business also has a popular takeaway trade. The business enjoys excellent levels of year-round regular trade and an excellent local following, not only from Kingsbridge, but the surrounding towns and villages, together with a seasonal boost during the busy holiday periods. The business benefits from a 5-star food hygiene rating. The business makes limited use of social media and does not have a website. An internal inspection is essential in order to fully appreciate the high standard inherent throughout all aspects of this business.

TRADING INFORMATION
The business shows strong and robust levels of year-round trade and profits. With impending retirement in mind, the trading hours have been deliberately restricted by our client over the last few years to fit in with his lifestyle requirements. Full detailed trading information can be disclosed to interested parties following a formal viewing appointment.

OPENING HOURS
Monday to Saturday from 8am until 2.30pm. Closed on Sunday.

CURRENT STAFFING
The business is run by our client, a single working proprietor, with the assistance of 2 full time staff including a chef, together with part time and casual staff as trade levels dictate.

POTENTIAL
Our client advises that there is potential to increase the current trade levels and without any shadow of a doubt, there is an opportunity to extend the current opening hours, particularly by opening during the evenings and on Sunday's, especially during the main summer season. There are opportunities for further marketing, advertising and social media initiatives including a website. There is also the potential for incoming operators to develop their own style of cuisine and trade in a manner to suit their own personal requirements and take advantage of this established business in a prominent trading position. Café Bewleys represents a unique opportunity to purchase a popular business with a well-established trade in a stunning and much sought-after honeypot trading location. Our client is prepared to offer a full handover and training to interested parties, should they require it. The sale of Café Bewleys represents a rare opportunity to acquire a quality licensed catering business in a most sought after and desirable South Hams town and new owners will benefit from being able to move in without the need for major expenditure on the premises. Coupled with this, the business enjoys good levels of year-round trade plus a substantial boost during the summer season. An early appointment to view is recommended in order to fully appreciate all that this quality daytime catering business has to offer and the potential that exists.

PRICE & TENURE
£43,950 for the valuable leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation.  The business is held on a 21 year lease which commenced in October 2017 with a current rent of £12,000 per annum, payable monthly in advance. Rent reviews are every 3 years and the lease contains internal repairing and insuring obligations. Full details are available upon request.

TRANSFER OF A GOING CONCERN
The sale of the property includes the goodwill of the business and trade inventory and will be subject to Transfer of Undertakings (Protection of Employment) regulations (TUPE).

EPC
D - 82.

RATING
We are advised that the business rates payable are currently nil after 100% business rates relief.

SERVICES
All mains services are connected.