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.
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.
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.
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
The business opening hours:
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
The business is run by 2 hands-on owner operators, with the help of 1 part-time staff member.
We are advised that the annual turnover is around £50,000 per annum with a gross profit margin of 70%