Business for Sale in LYME REGIS, Dorset LICENSED DAYTIME TEA ROOM/CAFÉ/RESTAURANT

Key Information

Reference

TR35847R

Tenure

Freehold

Status

For Sale

Region

Dorset

Sector

Cafes

Annual Sales

£366,596.00 Exc. VAT

Accommodation

Yes

Business Information

Iconic & rare FREEHOLD TEA ROOM/CAFÉ with ACCOMMODATION coupled with highly profitable business. Occupying an exceptionally valuable and lucrative LYME REGIS trading position, probably representing a once in a lifetime opportunity, fronting the very busy pedestrian thoroughfare of Broad Street, situated on the elevated part of Bell Cliff, with its stunning far reaching views of The Cobb & Dorset coastline, adjacent the beach, esplanade and South West Coast Path with car parks, bus stops and attractions all close by.

A historic property, formerly 2 cottages, providing dual entrances, deceptive in appearance, extending over 3 levels, offering masses of character. Configured to provide comprehensively equipped commercial kitchen with waitress and wash-up areas, 2 inter-connecting dining areas offering some 54 covers complete with bar servery, customer cloakroom facilities, and storage. Benefits from pavement licence providing 16 alfresco covers on Bell Cliff with customers enjoying sea views.

Benefits from spacious self-contained 1 – 2 bedroom maisonette with sitting/dining room, kitchen, bathroom and en-suite shower room. Very versatile, currently vacant, suit owner occupation or provide holiday accommodation for which there is considerable demand and could provide substantial income. Alternatively the option exists to incorporate into the business premises to provide additional dining facilities.

A famous destination business, under current ownership approaching 25 years, serves easy affordable traditional menu proving popular, trading daytimes only. Sales 2022 £366,596 ex Vat, Gross Profit £254,104 (69%), Net Profits well into six figures even on a staff run basis offering lucrative investment opportunity or could be owner operated with considerable scope to develop business further to include evening opening for which good demand would be anticipated. Enjoying all year round trade with a strong local following in addition to substantial summer boost from the many visitors and holidaymakers.

Freehold £999,999 sav Ref: TR35847R