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Restaurant/cafe for sale

£45,000

1 Lynher Buildings, Plymouth PL4

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Property description

Business
Hilton Smythe welcomes to the market Sound Bites Cafe, For Sale due only to our client's emigration plans.

A fabulous waterside cafe catering for both on site operators, and visitors to the complex, business area, and yacht marina. Serving a great mix of light bites, teas & coffees, lunches, full breakfasts, sandwiches, jacket potatoes, and toasties, it has built up an enviable reputation, and offers free Wi-Fi.

Locally renowned with plenty of repeat clientele, the business benefits an amazing online presence and feedback, ranking 5 out of 5 on average for TripAdvisor with magnificent reviews. Much repeat custom, adds to a steady flow of visitors to the battery and adjacent businesses, some highly affluent yacht owners and operators.

Although a fairly fledgling operation, the business has increased quickly with much further organic growth available. Extending any opening hours, obtaining an A3 licence or similar opportunities exist, as well as the addition of a more formal website. The introduction of local delivery or sandwich rounds would also boost what is an already profitable turnover. Ideal for a hands-on husband wife team or partnership.

Location
Sound Bites Cafe is situated down on the stunning yacht marina, at Queen Anne’s Battery Plymouth, on the coast of the county of Devon.

Ideally located at the centre of this busy mixed-use retail, business park, yacht marina and harbour. Queen Anne’s battery offers a selection of modern glazed units fronting a beautiful waterside location. Easily located with vibrant signage and directional information, the battery includes offices, lettings agents, hair salons and other independent businesses, especially those nautical. There is plenty of parking bays to the entire surrounds of the complex, with 2 hour Free patrons parking.

Qab is within easy reach of Plymouth city centre, commonly known as the uk’s ocean city. Apart from the waterside attractions and the harbour itself, the national marine aquarium is circa 10 minutes walk.

Excellent public transport, and local road networks link the surrounding towns and cities including Exeter (37 miles) and the Tamar Bridge bordering into Cornwall. The main commuter route is the A38.
Premises
A well-presented, well maintained and appointed premise circa 39 sqm, with large window elevations to all sides, views over the marina and access doors to 2 sides including outside Al Fresco patio.

Modern style unit, with fully equipped stainless steel trade kitchen briefly comprising griddle, cooking facilities and extraction, with sandwich bar and serve over counter.

There is a good selection of dining furniture both indoor and outdoor including bistro style tables around 16-18 covers indoors in its current configuration, plus any outside space.

With tasteful decor the premise looks, feels and has a relaxing ambience throughout. With a location to envy, this is an easily managed and desirable unit.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

New lease terms are available by negotiation, with private landlords and the management company.

The current rent is £7500 per annum. Including pavement licence, £6,900 per annum without.
Hours
The business opening hours: -

Monday: 08:00 to 15:00

Tuesday: 08:00 to 15:00

Wednesday: 08:00 to 15:00

Thursday: 08:00 to 15:00

Friday: 08:00 to 15:00

Saturday: 08:00 to 15:00

Sunday: Closed
staff
The business is run by a hands-on owner operator, with 1 full time member of staff.
Financial profile
We are advised that the current annual turnover for the year ending 2017 is around £70,000 with a gross profit of 62%.

What Zoopla users think of Plymouth

Overall rating:

  • currently 4 stars
Very good - 78% (257 ratings)

Ratings breakdown:

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Nearby transport

  • Plymouth (1.1 miles)
  • Devonport (2.1 miles)
  • Dockyard (Devonport) (2.4 miles)
  • Exeter International Airport (40.5 miles)
  • Cardiff Airport (79.2 miles)
  • Bristol Airport (93.5 miles)
  • Plymouth (Barbican) Landing Stage (0.3 miles)
  • Plymouth Mount Batten Ferry Landing (0.3 miles)
  • Plymouth Ferry Terminal (1.3 miles)

Nearby schools

View all schools in Plymouth
  • Holy Cross Catholic Primary School (0.5 miles)
  • Prince Rock Primary School (0.7 miles)
  • Salisbury Road Primary School (0.7 miles)
  • City College Plymouth (1.9 miles)
  • UTC Plymouth (2.3 miles)
  • Lifeworks College (19.2 miles)
  • ACE Schools Plymouth (0.5 miles)
  • Plymouth High School for Girls (1.0 mile)
  • Plymouth School of Creative Arts (1.1 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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