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#Business ID: 16816

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Refurbished 50 Cover Bar and Bistro

Business Location: Weymouth, Dorset, England

Asking Price: £ 39,999 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Recently refurbished 50 cover Bar and Bistro

Highly visible site close to sea front

Rapidly increasing turnover and profits

Easily run business

Located in a sought after Dorset coastal town

Falcon Commercial are delighted to offer for sale this extremely well presented Bar and Bistro which has recently been completely refurbished. The business is now reluctantly being offered to the market as the owners have other businesses abroad.

This truly turnkey opportunity enjoys an all year round trade and has a rapidly rising turnover which is in the region of £75,000 per year with a healthy gross profit margin. The business has built up an excellent reputation for its comfortable and cosy atmosphere in a traditional Bar and bistro environment. The well stocked bar serves draught beers, good quality wines from around the world, spirits and soft drinks. Customers can relax in the lounge area before they dine. Diners are able to choose from an extensive lunchtime and evening menu that includes favorite dishes along with new and exciting dishes from around the world. The food from the menus is prepared to order from only the finest produce which where possible is sourced locally.

We feel that this opportunity represents a fantastic base on which to build upon and early negotiations with Falcon Commercial are highly recommended.

Premises Details

The well maintained prominent building benefits from being in a highly visible position on one of the main roads that run through the sought after, world famous coastal town of Weymouth which is in Dorset. It is a short distance from the sea front and surrounded by a wealth of complimentary independent and multiple shops and business. The landmark premises briefly comprise:

Ground Floor

Main Bar Area which is open plan and has approximately 50 covers at sofas chairs and at the bar. There is an attractive wooden floor as well as a feature fireplace. The bar severy is brick faced with 3 points of dispense.
Main Dining Room with approximately 22 covers at tables and chairs
Second dining Room which connects to the main dining room and has approximately 12 covers.
Fully equipped commercial catering kitchen with extraction containing an array of equipment that includes : 6 burner range style cooker, grill, double fryer, stainless steel work surfaces, bain marie, hot plate, microwaves etc.
Wash up room containing a commercial dishwasher, stainless steel sink unit and several fridges and freezers
Ladies toilets
Gents toilets
Store room
Fully fitted trade cellar

External

Car park with approximately 9 parking spaces

The number of covers could easily be increased in the dining rooms as there is space to add more tables and chairs.

Staff

The business is run by the proprietors with help from a dedicated team of 5 members of staff.

Stock

We are advised that the stock held by this business is approximately £5,000.

EPC Rating

The EPC rating on these premises is: Band C

Tenure

The business is offered on a 15 year lease of which 5 years are remaining. The rent payable is £23,000.

Business Rates

We are advised that the business rates payable are £7,000 per annum.

Location

Weymouth & Portland, host venue of the London 2012 Olympic and Paralympic sailing events, is a popular seaside holiday resort. Weymouth’s fine Georgian seafront is an impressive backdrop to the long arc of fine, golden sand. The views from the bay are spectacular, stretching across the horizon taking in the World Heritage Jurassic Coastline. Weymouth’s beautiful safe, sandy beaches, rich heritage and spectacular coastline make it a firm favorite holiday destination.

Property Details

Property Type:

Lease

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