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COASTAL TOWN CENTRE CAFE BISTRO WITH CONSERVATORY & COURTYARD

 

THE GREEN GOOSE

25 / 26 MILL STREET, BIDEFORD, NORTH DEVON EX39 2JW

 

Contemporary fit out and decoration * Conservatory & Courtyard * Ground floor covers for 46 * Walled garden seating for 20 * First floor function / private dining suite for 30 covers * Est. £180K t/o for 2017 * Scope for increased hours and Sunday opening * Ideal family concern * Within 100% business rates relief banding *

PRICE: OIRO £24,500 L/H incl. F&F plus SAV

THE SITUATION

The property is situated within the town centre on the pedestrianised parade known as Mill Street which connects Bridgeland Street and the town's High Street.

THE PROPERTY AND CONSTRUCTION

Lock up Cafe Bistro premises providing contemporary, light and airy surroundings with 2 ground floor trading areas for 46 covers as well as first floor restaurant suitable for functions, meetings or private dining, accommodating an additional 30. Much of the focal point for the front trading space is taken with the conservatory dining area which adjoins the walled garden courtyard offering alfresco dining for a further 20 covers. The fitted commercial kitchen adjoins the main Cafe Bistro in ‘theatre kitchen’ layout.

THE PROPOSAL

Assignment of the existing 20 year lease term (c. 15 remaining) at a rent of £25,000 per annum.

THE BUSINESS

Our clients purchased the business in June 2016 and are selling due to changing family circumstances. The first 6 months trading have produced a turnover of circa £3,300 per week expected to be in the region of £180,000 over a 12 month period. Our clients trade as a Cafe Bistro 6 days per week 9am - 4pm as well as Friday and Saturday evenings 6.00pm - close. It is thought new owners could extend the evening trade as well as undertaking opening on Sundays. The majority of the trade undertaken is eat-in although take-away service is offered. Our clients, who are a husband and wife team, employ 1 family member chef and 1 part time waiting staff.

THE STOCK

Any current stock to be purchased at valuation upon completion, estimated at £1,500.

THE INVENTORY

The property is sold with a detailed inventory of trade fixtures, fittings and equipment.

LICENCE

The property has a Premises Licence.

THE ACCOMMODATION

GROUND FLOOR Double fronted entrance porch leading to main Cafe Bistro area.

MAIN RESTAURANT 33`10 x 14`8 (10.30 m x 4.45 m) Split level with covers for circa 24, part tiled, part flagstone floor, background music speakers, air conditioning, radiator heating, window frontage with blinds. Conservatory mezzanine with 14 covers over looking walled courtyard garden.

 

KITCHEN Counter worktop and servery, stainless steel wall cladding, non slip floor, chiller fridge, coffee grinder, Rancilio double coffee machine, water urn, freezer, filter coffee percolator, counter fridge, counter freezer, 2 Lincat induction hobs, bain marie, double Panini grill, extractor system, 2 eye level grills, Hobart convection oven, Buffalo convection oven, 3 x combi microwaves, dishwasher, double drainer sink unit, stainless steel wash hand basin, cake display chiller, under stairs service cupboard

TOP ROOM With bar servery, triple bottle chiller, glass washer, wine and spirits display, rear servery worktop, till with orders / stock system and 2 x printers (leased), tiled floor, leading to:-

ADDITIONAL SEATING 15`3 x 14`7 (4.65 m x 4.45 m)  space for 12 covers, table and settle seating, radiator heating, fire place alcove with exposed stonework, store cupboard and doors to walled garden.

OUTSIDE There is a walled courtyard garden offering alfresco dining for circa 20 covers.

GENTS TOILET 2 x urinals, vinyl floor, tiled walls, cubicle with low level w.c, basin.

LADIES TOILET Vinyl floor, low level w.c, basin, tiled walls.

DISABLED TOILET With low level w.c, tiled floor and walls, baby changing facilities, hand rails, radiator heating, basin

CLEANING CUPBOARD / STORE

STOCKROOM 3 x freezers, 4 x fridges, non slip floor, boiler, staff lockers, washing machine, tumble dryer

FIRST FLOOR – feature open tread staircase with LED lighting

PRIVATE DINING ROOM / FUNCTION SUITE covers for circa 30, inset gas fire within alcove, window seating, spot lighting, walled mounted flat screen TV. Bar server with fridge, mirrored drinks display, till, music amplifier, double bottle fridge, circular stainless steel sink.

OFFICE/STORE