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Freehold Cafe Living Accommodation Seaside Location In Sandown For Sale

Sandown, Isle of Wight, UK
Asking Price:
£350,000 Furniture / Fixtures included
Sales Revenue:
£77,373
Cash Flow:
£39,153

Freehold café with living accommodation, seaside location on Isle of Wight

This is a bright and busy seaside café’ with high street location and close proximity to the esplanade, beach and sea. The business enjoys a heavy footfall of both passing tourists and regular customers. As a freehold property, this business offers an exceptional lifestyle opportunity. There is substantial family accommodation above the café business, and a lovely garden behind.

Property Information

Location:

This is a freehold property offering substantial business space, business growth opportunities, and living accommodation above for either the new business owner and family, or alternatively, as a rental property generating income circa £650 p/m.

Premises Details:

The cafe business was established by the current owner over 17 years ago. The business owner has succeeded in creating a warm and welcoming meeting place for a well-established local trade, and a bright and breezy holiday environment attracting a great many seasonal visitors.

Business Operation

Expansion Potential:

The kitchen at the property is large and very well-equipped. In terms of space, there is capacity to increase the volume of the food produced, creating new opportunities to extend trading hours, operate take-away services and develop a delivery service, delivering food for private events and parties. The garden also offers a unique opportunity, and could be transformed from a garden café by day, into an evening barbeque venue by night.

Competition / Market:

Bright and busy high street cafe in the sunshine town of Sandown, offering excellent year-round trade and substantial seasonal uplift
Exceptional lifestyle opportunity with freehold property with 3-bedroom family accommodation, a garden and easy access to the beach, esplanade and sea.
Excellent opportunities to further increase income and profits.
The café menu offers a wide selection of classic British dishes, including breakfasts, lunch and main dishes, with an emphasis on home-cooked food using fresh local produce
Both the café business and private accommodation at the property have benefited from recent property developments, creating a ‘turn-key’ business that is ready for a new owner, ready for business growth and is entirely fit-for-purpose.

Reasons for selling:

retiring

Trading hours:

09.00-20.00

Employees:
2
Years established:
2001

Other Information

Furniture / Fixtures value:
£1,530 - included in the asking price
Inventory / Stock value:
£1,500

Contact Transworld Business Brokers UK

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