• Listing ID: 1049643

Yorkshire Village Restaurant With Bed And Breakfast Reduced For Sale


Price Reduced

Location:
Category:
  • >
  • >
  • >
  • >
  • >
  • >
  • >
Type:

Asking price:
£225,000 (Furniture / Fixtures included)
Sales revenue:
£68,000
Cash flow:
Available on request
Years established:
10 years
Employees:
Man and wife team with occasional part time help.


outside view of building

outside view of building

1/4


Our Bistro occupies a stone built cottage on the high street of this idyllic ancient fishing cove of Staithes, on the North Yorkshire coast. This quaint and picturesque town is steeped in history and is a magnet for tourists. Staithes was the home briefly to Captain James Cook and it believed that it was here that he first felt the lure of the sea. The town was once one of the largest and most productive fishing ports in Great Britain as well as being famed for mineral mining,

The surrounding cliffs draw walkers and geologists due to their wealth of Jurassic fossils of seagoing creatures. Staithes lies on the A174 between Saltburn on the Sea to the north, and Whitby to the south and is located within the North Yorkshire Moors national Park.

This is an idyllic lifestyle business, which we established in 2001 and we have increased the turnover every year, with opening times geared to keeping the turnover below the VAT limit and within our physical lmits. It is only now being placed on the market due to our wish to retire.

The Bistro is an intimate eatery with 18 covers.The first floor has been converted to provide addition covers (up to 35 over the two floors). This extra space would at present only be needed for evening diners and at the weekends in high season, bank holidays etc. The present building work also extends to the second floor, where we have created private en suites to both bedrooms. This has also give the option of commanding B&B business, which we are already doing quite successfully, so much so that we are having to close the evening restauant more often, in line with our physical capabilities.
As you will have gathered form this narrative the business is currently run at a pace to suit our age and the purpose of revamping the building is to provide more options for would be buyers.
There is also scope to increase turnover further by extending the opening hours from the present part time basis and to accept card payment which we have never done but is now more the norm.
We feel this is an ideal lifestyle opportunity for anyone looking for a small business, with living accomodation above. We are in a charming location and urge early viewing to fully appreciate its potential.


Property:
Freehold
Living accommodation:
First and second floors, see (expansion potential)
Location:
centrally located in the bottom of the old village, 100yds from the sea.
Premises details:
Basement prep/extra cooking area.
Ground floor Restaurant and kitchen.
First floor split into lounge/extra dining area and a private diner kitchen area.(see Expansion potential)
Second floor comprising two en suite bedrooms.

Expansion potential:
We have just completed extensive building works, creating a fire safe seperate entrance to the first and second floors.
The first floor will be dual purpose, divided into an extra dining room / lounge and a private diner kitchen area.
The second floor comprises two en suite bedrooms. One double and one small twin.
All these changes will provide many options, extra diners, B&B etc.
Planning consent:
All the building work described in other chapters is approved by the town planning officer and fire safety officer, With all electrical and plumbing work carried out by certificated engineers.
Competition / Market:
We are the only Restauant in the village.
Support & training:
We would give initial help and training on change over.
Reasons for selling:
Retirement.
Trading hours:
Five/six days a week in the Summer months and three days a week in the Winter.
Website:
www.staithesbistro.co.uk

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell a section.


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

  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted