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#Business ID: 14015

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Well fitted licenced café/ restaurant with high quality bed and breakfast

Business Location: Scarborough, North Yorkshire, England

Asking Price: £ 285,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

Newtons Business Agents are delighted to offer to the market this substantial business opportunity which has been put up for sale so that the owners can concentrate on their other business opportunities.

The business is a cafe, restaurant and B&B with potential to develop even further. It is already well established and the new owners will be able to “hit the ground running”.

It has recently undergone a significant and costly refurbishment and is fitted to a high specification throughout.

The current owners bought the business 4 years ago and have developed it to its present level.
There is potential to improve the business through improved marketing. It is also possible to change the dining style into another format – more of a restaurant or a bar – depending on the new owners’ wishes.

Property Details

Property Type:

Lease

Other Business Details

Business Location:

This very well positioned cafe, restaurant and B&B is in a perfect setting overlooking Scarborough’s bustling harbour with its sea and glistening sand. The building has a very imposing frontage and sits well below Scarborough’s famous castle. It is slightly set back from the road, allowing for a large outside eating area which is very popular with locals and tourists alike. There is plenty of parking nearby. Scarborough is a well known tourist destination and The Ivy House is in the busy part of the tourist area. It is a thriving town with a population of over 100,000 inhabitants. It is a perfect centre for a holiday with good access links to the rest of Yorkshire as well as being close to Bridlington and Whitby.

Premise Details:

The main entrance is between 2 welcoming and attractive bow windows. This leads directly into 2 bright dining areas with over 80 covers between them. Outside the business to the front are a further 35 covers. In the dining area to the right there is a well stocked bar. Ahead are the stairs to the B&B and the administration office. At the rear left is a kitchen predominantly used for preparing desserts. Upstairs is a much larger, fully equipped kitchen recently fitted with brand new appliances along with a dumb waiter. Everything is maintained to a very high standard. The outside seating area is very popular in summer and attracts a large passing trade. Above are 6 large en-suite bedrooms. 5 overlook the harbour and 1 overlooks the old town. The quality of the furnishings needs to be seen to be appreciated. See: www.theivyhousescarborough.com for a view of the rooms. There is also a separate 3 bedroomed cottage to the rear. This is fitted to a high specification and can be used as either further accommodation or for the owners’ use.

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