Popular licenced Bistro with living accommodation for sale
- Asking Price: £50,000 +SAV
We are advised as per the year ending accounts for 2019, the business generated a turnover in the region of £206,000. Full financials can be made available upon further request.
Please quote reference B06692
- Tenure: Leasehold
Please quote reference B06692
Hilton Smythe welcomes to the market an exciting opportunity to acquire Bus Stop Bistro & Bar, located on London Road. The business has been established for 4 years, trading as a contemporary Bistro.
The Business has been under the careful ownership of our clients for the last 3 years, though our clients have thoroughly enjoyed growing the business to an impressive level, they are looking to move on, as priorities have changed
The menu consists of breakfasts, light lunches, speciality coffee, afternoon teas and homemade specials to name a few. The Bistro further benefits from having an alcohol licence in place, serving a selection of beers, wines & spirits.
The business provides exclusive private parties (the only place in the village).
The first floor has a 1 bed self-contained flat which was previously sub- let, there are options to utilise as living accommodation or sub-let to a tenant to generate further income.
The google reviews are 5 star with customer comments stating ‘I only popped in for a quick coffee but enjoyed every second. The staff are so polite to myself and the other customers in the café. I was made to feel very welcome from the moment I walked in’ and ‘Great spot. Lovely fresh tasty food. Good service and reasonably priced. Will definitely be back.’
Our clients have advised that the manager and all staff members will be staying with the business.
There is ample scope to increase the turnover, such as trading longer hours, embarking on modern marketing and maybe a local delivery service. There is also opportunity for evening meal options, themed nights etc.
The business is fully staffed with our clients not playing a role in the day to day running of the business. Therefore there is huge potential to increase the profit margin, simply trading as an owner ran business.
A full breakdown on all fixtures, fittings and equiptment can be made available upon further request.
This is an outstanding turn-key business which offers a new owner the opportunity to take this business to the next level. Hilton Smythe highly advises early viewing to avoid disappointment.
We are advised that the business has 2 full-time and 3 part-time members of staff.
The business hours are -
Monday – 10:00 – 14:00
Tuesday – 10:00 – 14:00
Wednesday – 09:00 – 16:00
Thursday – 09:00 – 16:00
Friday – 09:00 – 18:00
Saturday – 09:00 – 18:00
Sunday - 10:00 – 16:00
Bus Stop Bistro & Bar is located on London Rd, Stockton Heath, surrounded by a wealth of complimentary shops and businesses
The business is accessible via public transport with a bus stop directly outside the premises. The area is accessible via the A56/A57 which links to the M62/M6 Motorway network.
Bus Stop Bistro & Bar has excellent eye-catching signage. The interior is beautifully presented with modern, bespoke decor and lighting.
The eatery is a generous size currently set up for 28 covers with the seating area made up of fixed seating tables and chairs. The premises has a generously sized and comprehensively equipped catering kitchen.
WC with a baby changing unit.
To the rear of the premises is a secured garden area with outdoor seating for 20 covers.
1st floor - Self-contained flat, which is currently used for storage, however, was previously sublet to a tenant. The flat could also be used as living accommodation should the purchaser desire.
The premises licence allows alcohol to be served from 10:30am to 11:00pm and 1:00am for functions.
We are advised that the business is being sold on a Leasehold basis, with 2 year remaining on the current 5 year lease. The rent is £2,000 per month. Our clients have advised that the landlord is happy to negotiate a new longer lease with the buyer.