Raise money and find partners from your social network

  •  

Listed by:

Contact Seller

1/1




Preferred Commercial is delighted to offer for sale this popular bistro , which also offers 2 letting rooms, in the delightful Snowdonia village of Betws-y-Coed, North Wales. The business was established by our client in 2005 and is only now being placed on the market due to his other business interests. The business generates a turnover in the region of £350,000 per annum with a gross profit of 54% derived from offering a variety of seasonal Welsh menus as well as modern dishes in the 68-cover bistro. The recently introduced letting rooms have both been completely refurbished and will offer additional income. A new owner could increase turnover by introducing a third letting room, extending the bistro opening hours and perhaps offering corporate catering. Planning permission was in place to extend to the side and to add a retail unit. Although this has now lapsed, we believe a new owner would have little problem in getting planning approved again. The property offers self-contained owners' accommodation to the first floor and a private parking space. We feel this represents an ideal lifestyle change opportunity to acquire a well renowned and respected business in such an idyllic location. Early discussions with Preferred Commercial must come highly recommended.



Property:
Freehold
Living accommodation:
• Owners' accommodation comprising double bedroom, bathroom with WC, wash basin and shower, carpeted lounge and kitchen with a range of fitted wall and base units
Location:
Bistro Betws-y-Coed is ideally located on the main road through the delightful Snowdonia village of Betws-y-Coed. The bistro and letting rooms occupy a prominent detached traditional stone-build property, which benefits from a public car park close by and a high footfall. Betws-y-Coed is a principal village in the Snowdonia National Park and is an ideal base to explore the many surrounding attractions. The business is surrounded by guest houses, hotels and other tourism related concerns and lies just a short walk from the mainline railway station and Snowdonia National Park Visitor Centre. The business lies on the A5, which leads to Bangor, approximately 17 miles away while Conwy and the A55 North Wales Expressway lie approximately 14 miles to the north.
Premises details:
Substantial traditional stone-built detached property offering 63-cover bistro, letting rooms and owners' accommodation. Briefly comprising:

Ground Floor
• Reception hallway with tiled floor and chandelier
• Main dining area offering 55 covers, exposed floor boards and beams, 2 large windows with mountain views to rear, wooden bar area with wall mounted menu board, double display chiller, wine cooler, coffee machine and glass washer
• Store room
• Ladies and gents WCs
• Second dining area with 13 covers and feature chandelier
• Commercial kitchen with stainless steel work areas, 2 x stainless steel sinks, refrigerator, grill, 2 x 6-burner range ovens, double fryer, stainless steel extraction system, dishwasher, 3 x refrigerators, 2 x microwave ovens and refrigerator. Door to rear enclosed yard

First Floor
• Room 2: recently refurbished letting room with quality modern fitments, double bed, wardrobe, dressing table, TV and tea and coffee making facilities. En-suite facilities with tiled floor, shower, WC wash basin and towel rail
• Room 3: recently refurbished letting room with quality modern fitments, double bed, wardrobe, dressing table, TV and tea and coffee making facilities. En-suite facilities with tiled floor, shower, WC wash basin and towel rail
• Self-contained room with own external stone stairway ideal for conversion into third en-suite letting room
• Owners' accommodation comprising double bedroom, bathroom with WC, wash basin and shower, carpeted lounge and kitchen with a range of fitted wall and base units

Second Floor
• Staff bathroom with WC, shower and wash basin
• Office area

External
• 4 x wooden tables to front for al-fresco dining
• Enclosed rear yard with dry store with 2 x freezers and walk-in chiller
• Owners' car parking space

Trading hours:
Mon - Tues: Closed
Wed - Sat: 11.30am - 3.30pm & 6.30pm - 9.30pm
Sun: 11.30am - 4.30pm & 6.30pm - 9.30pm
Related documents:


Contact this seller

Fields marked are required by the Seller

Already a Member? login



Make your message stand out – sellers are looking to know:

  • Do you have finance in place?
  • What is your timeframe to buy?
  • What is your experience/background?

DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.


BusinessesForSale.com will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.

Selling your business?

Limited Free Trial Available.

BusinessesForSale.com recommends

HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
100s of strategies & techniques to help you find & buy the right business.
Buy a good business for a great price
Click here for more information

BUSINESS WANTED
Reach sellers looking for a business buyer by placing a Business Wanted advert.
Business Wanted
Business Wanted
BUY A FRANCHISE
If you’re a first time buyer then buying a franchise can be a smart way into business.
Buy a franchise
Browse hundreds of Franchise Opportunities

Advertisement