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Restaurant/cafe for sale

£49,950

189A/B Lower Blandford Road, Broadstone BH18

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Property description

Business
Hilton Smythe welcomes to the market Molly’s, For Sale after a short time owing to our clients wish to focus on other business interests.

A contemporary modern coffee shop and cafe, serving the local and wider community. Imaginative menus prepared and cooked by a full-time chef, offering quality locally sourced produce from Breakfast menus, to tea, coffee, cakes and afternoon tea and scones, as well as a popular bistro style menu of traditional staples. There is also the added bonus of a separate and successful outside catering business, providing buffets, and lunches to regular and repeat local corporate clientele.

A cafe premises for many years and locally renowned with a valued and long standing regular repeat customer base, our vendor has managed to quickly build upon this, although not in their ownership for very long. There is a good online and social media presence including Facebook and TripAdvisor.

There is plenty of scope and growth, especially with the outside catering side, and potential to experiment with the opening times. Ideal for a hands-on husband wife team, chef and partner or first-time buyer.

Location
Molly’s is located in a very affluent, busy and popular village, within the county of Dorset.

Easily located with prominent visible signage, the business sits at the centre of a main street of local shops amongst many other complimentary and independent operators. There is plenty of free patrons parking to the front and surrounds.

A very busy, affluent and densely populated residential part of central Dorset, Broadstone has a population of circa 10,500 and is around 7 miles from Bournemouth International Airport, and close to Poole. With good a-road links and excellent public transport, the cities of Bournemouth, Southampton and the south coast are nearby, including the stunning Jurassic Coast.
Premises
A well maintained and tastefully presented premises, circa 111 sqm.

Largely open plan with lovely decor and contemporary modern look and feel throughout, circa 30 covers, briefly comprising front of house with central counter and servery, loose dining furniture, further open plan front of house with soft seating area to window elevation, further loose dining furniture, patron’s WC, waitress station and staffing areas, comprehensively equipped trade kitchens with extraction, ancillary areas and storage.

To the rear is a lovely Al fresco and outside decked space circa 10 covers, in turn accessing a useful and separate storage, offices, and ancillaries outbuilding (this is held on a separate lease and is currently used for storage).

An all-inclusive, well equipped, turn-key and ready to trade operation.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 10 year lease.

Remaining lease length: Over 8 years remaining.

Rent: £24,000 per annum (inclusive of both units)

The back rooms are on a roll lease with a months’ notice on each side.
Hours
The business opening hours:

Monday - Friday: 08:00 to 16:00

Saturday: 09:00 to 16:00

Sunday: 09:00 to 15:00
staff
The business is run by a hands-on owner operator, with help from 3 full time staff and a full time chef.
Financial profile
Accounting information for the year ended 2017 shows an annual turnover of £134,300 with a gross profit of 59%.

What Zoopla users think of Broadstone

Overall rating:

  • currently 4.5 stars
Very good - 87% (34 ratings)

Ratings breakdown:

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

  • Hamworthy (2.6 miles)
  • Poole (2.9 miles)
  • Parkstone (Dorset) (3.2 miles)
  • Bournemouth Airport (6.8 miles)
  • Southampton Airport (30.8 miles)
  • Bristol Airport (53.3 miles)
  • Poole Quay Ferry Landing (3.4 miles)
  • Poole Ferry Terminal (3.5 miles)
  • Brownsea Island Ferry Landing (5.2 miles)

Nearby schools

View all schools in Poole
  • Broadstone First School (0.2 miles)
  • Springdale First School (0.6 miles)
  • Hillbourne Primary School (0.7 miles)
  • Corfe Hills School (0.8 miles)
  • Canford School (2.7 miles)
  • The Bournemouth and Poole College (2.8 miles)
  • Broadstone Middle School (0.5 miles)
  • Poole Grammar School (0.7 miles)
  • Montacute School (0.9 miles)
Note: Distances are straight line measurements

Local info for Poole

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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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