Knightstone Causeway, Weston-super-Mare
£50,000 INGOING

Sold STC
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  • Exceptional Tea Rooms and Cafe
  • Situated on Knightstone Island
  • Scope to increase opening hours
  • Scope for further development
  • Outside seating area
  • Views across the coastline and town
  • Annual turnover £142,000 net of vat (approx)
  • EPC - Exempt

Exceptional Tea Rooms and Café. Well appointed and presented throughout. Early viewing essential to fully appreciate. Situated on Knightstone Island. Advised annual turnover of circa £142,000 net of vat. Ideal husband and wife opportunity. Weston-super-Mare is a coastal town popular with tourists. Scope to increase opening hours. Scope for further development. Genuine reason for sale.

Location
This exceptional opportunity has a prime location in the highly desirable seaside town of Weston-super-Mare in Somerset. The property stands proud on Knightstone Island offering exceptional views of the beach and sea which spans for many miles. The location is ideal as it offers access to all of Weston-super-Mare major attractions, and for guests creates a perfect vantage point to the rest of the seafront. Weston-super-Mare is a hugely popular British seaside resort attracting visitors both foreign and domestic throughout the year. The town offers something for everyone, from shopping facilities, miles of beaches, a welcoming and friendly local community together with road and rail access. The M5 motorway is less than 5 miles away from the town centre.

Business History
David Plaister Ltd is delighted to offer this superb café for sale. The café was acquired by our clients in 2014. Our clients are reluctantly offering the business to the market due to their desire for a change of lifestyle. Since the business was established they have invested time and money in the business and premises to the point where it is in walk in condition. They have run the business at a pace that suits their lifestyle, meaning that there is scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at circa £142,000 (net of vat) which is derived from offering a popular hot and cold food menu together with cakes in store, takeaway or reserve on line which proves very popular. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This business would ideally suit a husband and wife or partnership and may afford a good standard of living. This is a superb opportunity to purchase a true lifestyle business located in a desirable area and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Financial Profile
Turnover: £142,000pa. (net of vat) Stock approximately: £1,200

Tenure
Leasehold. (To be confirmed by purchasers legal advisors) Original Length: 10 years.Remaining: 2 years. Rent: £2623.00 pcm

Accommodation
Grade ll listed single storey property briefly comprising:

Ground Floor
Secure entrance leading to: Managers Office Open Plan Café Area Well spaced dining tables and chairs for approximately 32 covers Comfortable seating area with feature fireplace Male, female and disabled toilet facilities Serving/payment counter with cash register Display fridges Cake display Fully fitted commercial kitchen

External
Bin storage Communal pay parking Outside covers for approximately 25

Current Opening Hours
Summer Opening: Monday to Sunday 9.30am to 5.00pm. Winter Opening: Tuesday to Sunday 09:30am to 4.00pm. Viewing by appointment via David Plaister Ltd

Awards

Silver medal in The Tearooms / Café of the year by The Bristol, Bath and Somerset Tourism Awards 2017/18.

Highly commended in the Café / Tearoom of the year by The Tourism Excellence Awards South West 2017/18.


Name Location Type Distance
Knightstone Causeway
Weston-super-Mare BS23 2AD
County: Somerset
Sale Type: Sold STC
Ref #: DP001921

T: 01934 815053
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