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Property Listing Details

Property details

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Last 30 days: 51 page views

Since listed: 1323 page views

Description

Business
Hilton Smythe welcomes to the market this superbly situated A3 café bar in the centre of Cardiff; known as Pitch Bar & Eatery.

The cafe itself is well-established just 5 minutes from the Millennium Stadium and has been run by the current owners for 3 years, who are now looking to pursue other business interests.

This very busy venue offers good food and drink, being fiercely independent, priding themselves on simple, honest, modern Welsh food. They obsessively seek the best, most mouth-watering ingredients they can find locally from farmers, growers, makers and markets, fusing them together to create innovative flavours and fresh, vibrant, sumptuous dishes; putting their passion on a plate. They open from breakfast with scope to close at 1am 7 days a week.

There is still much opportunity for further expansion and improvement to increase the already fantastic turnover, by opening longer hours, together with more events and live music. The venue and location must be seen to be appreciated.

There is an easy to use website included at .

There is an extensive list of fixtures and fittings included with tables and chairs, fridges, freezers etc and a fully fitted commercial kitchen.

Location
Pitch Bar & Eatery offers a perfect location, in the centre of Cardiff, in one of the most popular, busy and trendy streets in Cardiff, only 5 minutes’ walk from the Millennium Stadium, offering great footfall.

Cardiff is the capital and largest city in Wales and the eleventh-largest city in the United Kingdom. The 2011 population was estimated to be 346,100.

Cardiff is also a significant tourist centre and the most popular visitor destination in Wales. Cardiff was previously ranked sixth in the world in National Geographic's alternative tourist destinations. All of this adds to Cardiff being a very desirable location, with commercial property being in much demand.

Premises
The premises are set over 4 floors covering approximately 78sqm, with 85 covers in total inside and out.

There is a basement which offers ladies and gents toilets, together with store cupboard.

On the ground floor is a fully stocked bar and seating area with tables and chairs.

On the first floor is further seating again with tables and chairs, including bench seating.

The second floor is where you will find the fitted commercial kitchen, together with a store room.

There is a good sized outside courtyard with 35 covers which we are advised from the owners should be made 50% bigger in 2018.

There is an extensive list of equipment included:
Tables and chairs
Cutlery
Glass wear and crockery
Ice machine
Bar equipment
Floor based double fridge freezer
Griddle
6 hob gas burner and oven
Glass washer
Dishwasher
Combi oven
2 small freezers
Chest freezer
Under counter fridge
Upright fridge
2 free standing fridges
Fitted safe

The property also benefits from gas central heating, external heating, exposed timber flooring and brickwork, with an awning to the front of the café.

Tenure
We are advised that the business is being sold as a Leasehold opportunity, with a 7 year lease.

The current rent payable is £30,000 per annum.

Hours
Monday – Thursday: 12:00 p.m. To 9.00 p.m.
Friday & Saturday: 10.00 a.m. To 1.00 a.m.
Sunday: 11:00 a.m. To 7:00 p.m.

The business does have a license for opening until 1:00 a.m. 7 days a week if required.

Staff
The business is currently run by the owners, with the help of 6 part time and 3 full time staff.

Financial Profile
The accounting information for 2015 showed a turnover of circa £282,912, with a gross profit of 38%.

According to the voa website the current rateable value is £23,750, with rates payable of £6,500 per annum.

Map & Nearby

Local Amenities

  • Cardiff Central 0.2 miles
  • Taffs Mead Waterbus Stop 0.3 miles
  • St Mary The Virgin C.I.W. Primary School 0.3 miles
  • St Cuthbert's R.C. Primary School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Cardiff Central 0.2 miles
  • Taffs Mead Waterbus Stop 0.3 miles
  • St Mary The Virgin C.I.W. Primary School 0.3 miles
  • St Cuthbert's R.C. Primary School 0.5 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.