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Restaurant/cafe for sale

£39,950

Unit 4 High Street, Cheltenham GL54

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Property description

Business
Hilton Smythe welcomes to the market Baguettes on the Water.

The business is a busy Class A3 takeaway/cafe, 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.

What Zoopla users think of Bourton-on-the-Water

Overall rating:

  • currently 4 stars
Very good - 79%

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Bourton-on-the-Water:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Kingham (5.6 miles)
  • Shipton (7.1 miles)
  • Moreton-in-Marsh (7.9 miles)
  • Coventry Airport (35.6 miles)
  • Birmingham International Airport (39.4 miles)
  • Bristol Airport (53.9 miles)
  • Sharpness Old Docks (32.9 miles)
  • Lydney Harbour (34.2 miles)
  • Temple Meads Station Ferry Landing (46.3 miles)

Nearby schools

View all schools in Cotswold
  • Bourton-on-the-Water Primary School (0.3 miles)
  • Cold Aston Church of England Primary School (2.5 miles)
  • The Rissington School (2.9 miles)
  • Dean Close School (14.9 miles)
  • Prince Henry's High School (16.9 miles)
  • Pershore High School (21.5 miles)
  • The Cotswold Academy (0.4 miles)
  • Kingham Hill School (7.1 miles)
  • Burford School (7.4 miles)
Note: Distances are straight line measurements

Local info for Cotswold

About the neighbours in GL54

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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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