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  • Property Types: Detached Attached Flat / Apartment Bungalow Land Park Home
  • Added:
  • Include Under Offer, Sold STC
  • New build homes:
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Cafe for sale
Dorchester, Dorset
Commercial
£135,000
  • Lucrative town centre trading position
  • Spacious character property with favourable rent & rates
  • 70 inside covers, valuable courtyard, 34 alfresco covers
  • Renowned business, trades daytime only
  • Sales £291,734 ex Vat, Gross Profit £204,293 (70%)
  • Everett Masson & Furby reference number: TRC32515R
 

Description: A renowned daytime café/coffee shop, established a substantial number of years, serving an affordable quality menu of tea's, coffees, breakfast, snacks and lunches, benefiting from holding an alcohol licence. Operating from deceptively spacious character premises, provides 30 cover ground floor dining area complete with service counter, 40 cover first floor dining area, customer cloakrooms, immaculately presented and comprehensively equipped commercial kitchen, additional preparation and storage facilities, most attractive enclosed Mediterranean style courtyard offering 34 alfresco covers proving very popular and valuable. Despite the town centre trading position the premises enjoy what are considered favourable rent and rates. Such is the reputation of the business and length of time established it remains a destination business enjoying regular local trade from residents, shoppers and those working nearby in shops and offices, additionally trade is received from the many visitors to the town assisted by excellent reviews.
Location: Occupying a quite unique yet lucrative trading position, situated on character Durngate Street, host to other businesses which at the time of our inspection included a beauty salon, hair salon and picture framing studio whilst only a few steps away is the main town centre shopping thoroughfare of Cornhill with it national retailers and high street banks to include Toni & Guy, The Works, EE, Boots, Seasalt, Holland and Barrett to name a few. Close by is the Tudor Arcade, host to a variety of businesses to include Waitrose supermarket, a particular valuable feature of the business premises and trading position is its rear entrance from the arcade via the courtyard. A short walk away are both short and long stay shoppers car parks together with the local council offices and a number of tourist attractions to include the Teddy Bear Museum, Dinosaur Museum and Terracotta Museum, all of which assist with trade for the business.
Area: Dorchester is the county town of Dorset, a market town with a rich and varied history, host to a substantial resident population and attracting a great deal of tourists and holidaymakers throughout the year. Home to the experimental new town of Poundary which is situated on the outskirts, built on land owned by the Duchy of Cornwall according to the principles of Prince Charles. Dorchester is host to the Dorset County Museum and impressive 'Keep' which houses the Dorset Military Museum. The nearby A35 and A37 provide good communication links with the remainder of Dorset, in particular Poole and Bournemouth, together with Yeovil in Somerset and Honiton in Devon with the world famous Jurassic coastline only a short drive away.
Premises: Offering a huge amount of character, a former pottery hence the trading name, benefits from gas fired central heating and alarm system. Wooden framed glazed single frontage, half glazed entrance door opening to GROUND FLOOR DINING AREA, tiled floor, half wood panelled walls, feature fireplace housing open fire, beams and pendent lighting. Freestanding character solid wood tables with matching chairs provide 30 covers, side tiled topped WAITRESS/SERVICE COUNTER houses electronic till, 2 coffee grinders, filter coffee machine, under counter glazed triple door bottle chiller and under counter fridge. Work counter behind, with wall mounted blackboard menu above, incorporates stainless steel sink and is where the coffee machine is situated. Useful under stairs walk in STORAGE ROOM whilst the stairs rise to the FIRST FLOOR and additional DINING AREA, front aspect, feature wood flooring and brick fireplace, fitted with wall lighting and ceiling spot lighting, freestanding wooden tables and chairs provide 40 covers. Customer CLOAKROOMS leading off, 3 in total, each fitted with toilet and hand washbasin, 1 with baby change facilities. Loft hatch with pull down ladder provides access to the rood space, boarded out, 2 Velux roof windows, and provides masses of STORAGE space if required. The COMMERCIAL KITCHEN is situated on the ground floor to the rear of the building, immaculately presented and comprehensively equipped, COOKING AREA equipped with 6 burner hob, 6 burner oven, extractor canopy, combi ove/grill, twin basket fryer, 2 commercial microwave ovens, hot cupboard incorporating 2 pot baine marie. PREPARATION AREA comprising stainless steel work tables, 2 stainless steel 2 door refrigerated chef counters, stainless steel upright 'Blizzard' freezer, stainless steel upright fridge, adjacent WASH-UP section fitted with twin stainless steel commercial sink unit, stainless steel hand washbasin, storage shelving and dishwasher.
(None of the above appliances/systems have been tested and a purchaser must satisfy themselves as to the serviceability of these.)
Outside: To the rear of the premises, accessed from the ground floor dining area, a most attractive Mediterranean style COURTYARD with feature paving and arbour with grape vine creating shade for diners making use of the freestanding tables and chairs providing 34 alfresco covers. As previously mentioned the premises benefit from rear access with steps rising to a gated entrance. Within the courtyard a separate STORAGE/PREPARATION building exists, proves useful, fitted with work counter, contains Blue Seal bake off oven, 2 upright fridges, upright freezer, glass washer, washing machine and Robot Coup food processor.
Business: An established well known business, acquired by the current owners in 2011 since which time considerable investment has been made in the premises and equipment to reach the current high standard, only offered for sale due to commitments associated with a young family. Operating as a quality daytime coffee shop/café, serving a range of tea's, coffee's, soft and alcoholic cold beverages, snacks, light bites, breakfasts, lunches, cakes and scones together with daily specials. Menu lines include freshly cut sandwiches and baguettes, jacket potato's, salads, filled focaccia, club sandwiches and traditional favourites. The venue proves a popular meeting place, enjoying a great deal of regular local trade, particularly popular.
Trading Hours: The business trades daytimes only, Monday to Saturday 9.30am through to 4.00pm (food stops at 3.00pm), scope exists to extend the opening hours if new owners so wish, in particular during the busy summer months.
Staff: Operated by a husband and wife team albeit to suit their lifestyle and family commitments they only work in the business 9 days each week between them, assisted by 5 full time members of staff and a pool of part time members of staff.
Takings: Trading performance is impressive with substantial levels of Sales, in respect of the financial year ended 30th September 2018 Sales amounted to £287,722 ex Vat and for the year ended September 2019 were £262,909 ex Vat.
Comments: The sale of Potter's Café provides a rare opportunity to acquire a renowned catering outlet comprising spacious well equipped and presented premises enjoying a lucrative town centre trading position together with favourable overheads. Coupled with this is a thriving popular business generating substantial levels of sales.
Tenure: New 12 year renewable lease from January 2020, with 3 yearly rent reviews. Commencing rent £23,500 per annum.
Rates: Zero rated.
Price: £135,000 for the benefit of the Leasehold, Goodwill, Fixtures, Fittings and Equipment (according to inventory) plus stock at valuation.

Tenure: Leasehold


EM&F , Devon
01404 606038
PROPERTY LISTINGS
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UKInternational LOCATION / TOWN:
MIN BEDROOMS:
KEYWORDS:
|
  • Property Types: Detached Attached Flat / Apartment Bungalow Land Park Home
  • Added:
  • Include Under Offer, Sold STC
  • New build homes:
  • Buying Schemes:
  • Retirement:
  • Auction
  • Garden
  • Parking