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Restaurant/cafe for sale

£19,995

15A Monarch Way, Glastonbury BA6

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Property description

Business

Hilton Smythe welcomes to the market Glastro Cafe, For Sale owing to our client's wish to pursue another direction.

A very popular hub of the town centre, and regularly busy, the cafe has a traditional yet imaginative menu for both children and adults offering breakfasts and light bites, to Tea, Coffee, Afternoon Tea and scones.

Locally sourced produce provides many home-made staples, with the cafe priding itself on good honest food at reasonable prices, with clever bistro style menus and home-made cakes. A3 Licensed, the premises have the benefit of an alcohol licence which makes a great addition to the food offering for patrons both indoor and outdoor. An extremely turn-key business that is comprehensively equipped.

In our client's ownerships for a few years now, the business has built up a fantastic reputation, and gained regular quality feedback on many websites and forums including trip advisor. Glastro Cafe has its own popular, engaging, and informative Facebook page that is well-liked, we believe, the addition of a dedicated website and a customer loyalty scheme could be an option to consider.

Although an already successful little business that has been built up over the past few years, there is plenty of organic growth and scope for an incoming party. Ideal for a husband wife team or partnership, or an entry level first time buyer. As the demand is there, it will be possible to experiment with the opening hours, which have historically been very much run and operated on a lifestyle basis to suit our vendor.

Location

Glastro Cafe is located in the popular town of Glastonbury, within the county of Somerset.

Easily located with prominent visible signage and A' Boards, the cafe sits within a lovely and quaint walkway and cut through just of the main high street with dual entry exits. Situated in the vicinity of the many other complimentary and independent operators that Glastonbury is well known for, there is plenty of town centre parking and short stay bays to the High Street and surrounds.

Although renowned for its music festival, history, and the Tor, Glastonbury is a popular, affluent and densely populated residential location, with a busy and bustling town centre, lovely buildings and architecture, and an average house price circa £235,000.

Myths, legend, and the medieval, proceed the town, which attracts a huge tourist base throughout the year, and benefits its own local population of around 10,000 people.

Lying at a dry point of the Somerset Levels, the town is circa 23 miles from Bristol, and around 25 miles from Bath, with excellent local public transport and road networks across 'Mendip' via the A361, A39, A371 and M5/M4 Motorway network beyond.

Premises

Lovely looking premises, full of character, quirk, quaintness, and original features, lots of kerb appeal, circa 60 sqm.

Largely open plan with lovely appointment, presentation, decor and ambience throughout. Circa 25 covers total, plus external.

Well maintained throughout, largely open plan front of house area circa 10 covers, 'Boho Chic' style presentation, loose timber dining furniture, central counter and servery with fully equipped kitchenette area behind (briefly incorporating cooker with grill and extraction, coffee machine, till, prep and serve surfaces, cupboards, fridge & freezer) including ancillary area, wash-up, storage, and staffing areas.

Glazed conservatory style dining room circa 15 covers, well presented and appointed, loose timber dining furniture, ceiling drapes, sliding PVCu patio door from cafe, and external French style PVCu double door access to outside. PVCu window elevations to two sides.

Beautifully presented outside patio and walled garden space with loose timber picnic benches, and plastic bistro style furniture, circa 16 covers, flag stoned floors, planters, bunting, and trellis, rear customer entry exit gate.

Tenure

We are advised the business is being sold as a Leasehold business opportunity

Original lease length: 5 Year Renewable Lease

Remaining lease length: 3 years (new terms available by negotiation)

Review period: 5 yearly

Rent: £695 pcm

hours

The business opening hours:

Monday: Closed

Tuesday: 09:00 to 16:00

Wednesday: 09:00 to 16:00

Thursday: 09:00 to 16:00

Friday: 09:00 to 16:00

Saturday: 09:00 to 16:00

Sundy: Closed

staff

The business is run by 2 hands-on owner operators, with the help of 1 part-time staff member.

Financial profile

We are advised that the annual turnover is around £50,000 per annum with a gross profit margin of 70%

What Zoopla users think of Glastonbury

Overall rating:

  • currently 3 stars
Good - 60% (33 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 5
Transport & travel
  • currently stars
  • 1
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  • 5

Nearby transport

  • Castle Cary (9.1 miles)
  • Bridgwater (11.9 miles)
  • Bruton (12.0 miles)
  • Bristol Airport (16.2 miles)
  • Cardiff Airport (32.1 miles)
  • Exeter International Airport (41.7 miles)
  • Bridgwater Ferry Terminal (11.9 miles)
  • Weston-super-Mare Knightstone Harbour (18.3 miles)
  • The Cottage Ferry Landing (21.1 miles)

Nearby schools

View all schools in Mendip
  • St John's Church of England Voluntary Controlled Infants School (0.0 miles)
  • St Benedict's Church of England Voluntary Aided Junior School (0.1 miles)
  • Elmhurst Junior School (1.6 miles)
  • Strode College (1.4 miles)
  • Millfield School (1.8 miles)
  • The Kings of Wessex Academy (9.2 miles)
  • St Dunstan's School (0.3 miles)
  • Millfield Preparatory School (1.4 miles)
  • Crispin School Academy (1.4 miles)
Note: Distances are straight line measurements

Local info for Mendip

About the neighbours in BA6

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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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Disclaimer

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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