FOR SALE
618789
R166 / Rightbiz
36 Covers Inside; 20 Covers Outside; Fully Fitted Kitchen; Wash Up; W.C. with Disabled Facilities.
Rent only £12,000 vat; Very Advantageous Lease;
Free Parking throughout Poundbury;
Ideal for Husband & Wife
The premises are prominently located in Pummery Square which is the hub of the first phase of the development of Poundbury. Complimented by the pub opposite and Brownsword Hall, a local place for meetings and events, the café was the first in Poundbury, opening in 2006.
Poundbury is an urban extension to the Dorset county town of Dorchester and is built on Duchy of Cornwall land, in accordance with the principles of architecture and urban planning as advocated by the 24th Duke of Cornwall, now King Charles 111, in his book ‘A Vision of Britain’.
Currently home to some 5,000 people in a mix of private and affordable housing, Poundbury also provides employment for over 2,730 people working in more than 250 shops, cafés, offices and factories. A further 200 are employed in construction across the site and many more are self employed and occasionally work from home.
An octagonal building with rendered elevations under a slate roof and surrounded by taller properties, the interior is surprisingly spacious and seats 36 comfortably with a well fitted cooking area, separate wash up and a w.c. There is gas central heating.
Tenure: The premises are held under the terms of an advantageous lease for 10 years which commenced in March 2024 at a current rent of £12,000 vat with provision for 3 year rent reviews. The agents are informed that the property is maintained by the landlord and was redecorated and repaired by the landlord at the commencement of the lease.
An easily managed and licensed café which is run by a proprietor and staff. The hours are attractive; opening at 10 am and closing at 2.30 pm. The business is open 6 days per week, closing on Tuesdays and in winter Sunday lunches are offered at three different prices according to size of portion. Themed early evening three course meals are served on Fridays at c. £28 per person.
The café has a traditional breakfast menu, all day breakfast and British favourites in its Lunchtime Specials menu which includes a coffee or tea. Alternatively, sandwiches, salads and cakes are served.
The menu reflects the strength of this business which caters mostly for local residents, many of whom are retired and who prefer the ambience of an owner run traditional licensed café which is to their taste and they return frequently. In addition, clubs and attendees to Brownsword Hall add to the sense of the café being at the heart of a thriving community.
The owners have been here only a short time having taken over in March 2024 but health problems have now caused them to reluctantly seek a buyer.
The first eight months of trading in the current year show takings figures which underscore a projection for the year of c.£90,000 being the vat threshold. The rateable value is sufficiently low for no business rates to be paid.
Publicity – The agents are informed that two Poundbury publications and emailing service are available free of charge for local businesses to publicise special events etc.
Potentials – the agents are informed that the lease has no trading time restrictions and therefore there is the opportunity for a chef/proprietor to open in the evenings expanding on the limited evening opening currently undertaken and the newly acquired liquor licence; or, opening longer each day to include Dorset cream teas in the summer.
A buyer wishing to continue as licensed premises will be required to hold a personal licence.
Price: £49,950 sav
EPC: B (41)
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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