Harbourside Cafe Bar + Accommodation in Weymouth Dorset, 60 Covers, Commercial Kitchen, Garden
Weymouth, Dorset
- Status
FOR SALE
- Date Submitted:
07/06/23
- Advert ID
514515
- Reference
L130 / Rightbiz
- Call Agent:
- Leasehold: £69,995 (Stock at valuation)
- Rent: £21,000
- Turnover: £144,688 (£2,782 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Fully Fitted
- Trade Gardens Available
- Home Based
- Accounts Available
- Established Business
- Town Centre location
- Prime Location
- Open Plan Trading Area
- Close to Local Amenities
Business Details
Busy Harbourside Cafe Bar For Sale Weymouth with Accommodation
36 Covers Inside 24 Outside Rear; Commercial Kitchen; Plenty of Storage, Customer Toilets, Cellarage etc. Large Harbour View Living Room Two Bedrooms and Bathroom; Terraced Private Garden.
Full On Licence; T/O £144,688 p.a.
An amazing location close to the town bridge, high profile position with dramatic pedestrian flow. The property is mid terraced, in an historic position but without listing restrictions. There is gas fired central heating and four floors of trade and private accommodation. There is a rear trade area comprising of an open courtyard and covered barn for approx. 24 covers. In addition, steps lead up to a private terraced garden.
The Business: A well established licensed café bar with full on licence run by two proprietors and staff open during daytime and evenings in the summer months and easier daytime only opening in the winter. The business is closed periodically for holidays.
Food and drinks are served with breakfasts, lunches and famous afternoon teas and the business boasts 57 varieties of cider!
In addition to the 100’s of summer visitors a good local trade is enjoyed.
A buyer will be required to obtain a personal licence to continue as a licensed premises.
The business is for sale as the proprietors wish to buy a business closer to their family.
Tenure: The agents are informed that the premises are held under the terms of a 18 year FRI Lease from 2019 paying £21,000 p.a. with monthly payments including property insurance of £1935.
AGENTS NOTE: The current style of trading appears to be well received by a wide range of customers from the breakfast guest to morning coffee, lunch, high tea customers to casual drinkers. However, the high profile position and long lease allows for an adaption of the offering and possibly the remodelling of the style of business – these premises in 2019 were being run as a Spanish style restaurant.
A rare example of a centrally located business with living accommodation.
Price: £69,995 SAV
EPC: C (64)
Contact Agent
Listing Statistics
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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