Business Hilton Smythe welcomes to the market Baguettes on the Water.
The business is a busy Class A3 takeaway/café, run by the current owners for the last 1.5 years, who have built up the business very quickly, with the turnover increasing year on year, with the potential to increase this much further.
The premises are very well presented both internally and externally and ideally situated in this very picturesque village offering an amazing tourist trade. With a menu to either takeaway or dine in, including baguettes, paninis and sandwiches with a wide range of hot and cold fillings, jacket potatoes, salad boxes, tasty snacks, ices, teas and coffees and more.
The takings have been increasing and we understand from the owners that the current takings are as high as £2,000 per week at peak times, giving the shop potential for future growth and earnings.
As well as building up the business in general, the purchaser could look to open longer hours and offer further products and new ideas to take the business to the next level.
The business now comes to the market as our client wishes to pursue other business interests.
Location Baguettes on the Water is situated in the heart of the very popular and sought after village of Bourton on the Water.
Bourton-on-the-Water is a village and civil parish in Gloucestershire, that lies on a wide flat vale within the Cotswolds Area of Outstanding Natural Beauty. The village had a population of 3,296 inhabitants at the 2011 census making it a rather large village as its population exceeds those of nearby Stow-on-the-Wold and Burford, both of which are considered small market towns. It also has a very large tourist footfall, particularly in the spring and summer months.
The area offers great access to all surrounding areas including Oxford, London, Bristol and Birmingham via the M5, M4 and M40 motorways.
Premises These are easily managed premises covering 17.4 sqm, with main shop area, seating area and counter, small preparation area with sink and storage, shared WC.
Equipment within the sale to include: Automatic coffee machine, Buffalo double panini machine, Single fryer, Drinks fridge, Jacket potato baking oven, Fridge display cabinet, Under counter fridge and freezer, Ice cream display cabinet, Impulse freezer cabinet, Large Coca Cola display fridge, Large Gram freezer, Till and plates, Cups and crockery.
Inside are tables and chairs for 4 covers and outside seating for another 6 covers.
An internal viewing of this very quaint shop is very highly recommended to appreciate the potential and position on offer.
Tenure We are advised that the business is being sold as a leasehold opportunity, with a 4-year lease.
The rent payable is £11,500 per annum which includes the water rates.
Currently no business rates are payable.
Hours The business currently opens:-
Monday to Sunday 9:00 a.M. To 4.00 p.M.
These hours do vary in the summertime and at other peak times.
Staff The business is currently run by the owner and occasional part time staff.
Financial Profile We believe from the owner that the shop is presently turning over circa £75,000 per annum, which is increasing all the time, as the business has only been trading for 18 months, so has lots of future potential.
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