Description: An established prime positioned licensed seafront café and ice cream parlour which has enjoyed considerable success over the years through ongoing investment enabling new owners to continue building on the current levels of successful trade. Offering both inside and outside dining facilities, ice cream counter to include soft ice cream machine, main servery, new commercial kitchen, cloakroom, storage, owner's car parking and garage. The business enjoys all year round trade albeit the option exists to trade seasonally, receiving regular local trade from those living and working in the town, experiencing a substantial boost during the busy summer months. This is a retirement sale.
Location: Occupying a very valuable trading position, considered one of the best seafront trading positions in the town, overlooking the Esplanade, beach and out to sea, a busy pedestrian and vehicle thoroughfare, numerous bus stops and coach drop off/pick up points close by together with attractions. At the time of our inspection the business nestled between a coach company's office and arcade, close to gift shops and a convenience store along with a number of hotels, bed and breakfast establishments. A short walk away is the town centre, with its numerous national retailers, the attractive harbour and marina.
Area: Weymouth is a busy seaside resort with harbour and a sizeable marina. It supports a resident population of approximately 45,000, also drawing much trade from the smaller towns and villages along the South Dorset coast. It lies approximately 8 miles distance south of the county town of Dorchester, some 18 miles from Bridport and within a short driving distance of the Poole and Bournemouth conurbations. Of late the town has enjoyed considerable improvements to its infrastructure; this included a new relief road from the main A35 making the town more easily and quickly accessible attracting additional visitor numbers to the town and well known national retailers.
Premises: The subject of recent investment in the form of a new commercial kitchen at a cost in the region of £40,000. Bi-fold doors to the front of the property enabling it to be fully open, initial ICE CREAM COUNTER comprising 2 glazed serve over ice cream conservators, Taylor soft ice cream machine and 3 compartment slush machine. Main SERVERY COUNTER behind with electronic till, also houses coffee machine (rented), coffee grinder, 2 smoothie blenders, glazed pasty cabinet and milk shake whisk. 'L' shaped DINING AREA, vinyl flooring, wall mounted blackboard menu, additional illuminated menu boards, wall mounted television, suspended ceiling incorporating LED strip lighting, contains feature Coca Cola freestanding chairs and tables providing 26 covers, and glazed front double upright Coca Cola soft drinks chiller. To the rear, lobby area providing access to the CLOAKROOM, adapted for disabled use, the lobby also providing access to the COMMERCIAL KITCHEN, rear aspect and 3 phase electricity, fitted with non-slip flooring and LED strip lighting. Comprehensively equipped, provides main COOKING AREA, contains 2 induction hobs, single table top basket fryer, twin table top basket fryer, twin floor mounted basket fryer, wall mounted grill, griddle, 2 Blizzard ovens, commercial extractor canopy above. PREPARATION AREA comprising side 4 door stainless steel freezer counter, central 4 door stainless steel chiller counter, Panini grill, 2 microwave ovens, 2 toasters, preparation sink and hand washbasin. WASH UP AREA fitted with commercial sink unit and stainless steel wall storage shelving, contains dishwasher and further 2 door stainless steel chiller counter. Back door opens to the rear of the property with stairs down to yard/car parking area.
(None of the above appliances/systems have been tested and a purchaser must satisfy themselves as to the serviceability of these.)
Outside: To the front of the property, ALFRESCO DINING AREA with tables and chairs providing 24 covers, retractable electrically operated canopy above enabling the area to be used all year round. To the rear of the property, secure enclosed owners CAR PARKING AREA with 2 allocated spaces, in addition to GARAGE which can be used for additional parking or as a store, contains 4 chest freezers, storage racking and back-up equipment. Further INNER STORE leading off, contains further racking, 3 chest freezers, fridge/freezer and ice cream conservator.
Business: An established business, originally an ice cream parlour, acquired by the current owners in 2012, since this time the business has been developed to include other menu lines, in particular following the introduction of the new commercial kitchen in 2018, only offered for sale in order to pursue retirement. Holding valuable A5 takeaway planning consent together with an alcohol licence and music licence. Serving an easily prepared popular menu of breakfasts, burgers, toasties, Panini's, sandwiches, omelettes, hot and cold soft drinks, cakes, slush, smoothies, milk shakes and a wide range of ice creams. Both local and visitor trade is enjoyed, the venue proving popular with those walking along the Esplanade, bus and coach drivers, local residents, visitors and holidaymakers who return year after year.
Trading Hours: Typically Monday to Sunday 9.00am through to 4.00pm, increasing during the busy summer months, opening at the slightly earlier time of 8.00am and being able to trade through to 10.00pm if desired. New owners can choose the number of hours they wish to open.
Staff: The business is operated by staff on a day to day basis, the owner acting in a supervisory capacity, employing 2 full time members of staff and seasonal part time members of staff. The business would, prove ideal for working owners enabling a substantial reduction in the current wages bill.
Takings: In respect of the financial year ended 28th February 2018 Sales amounted to £144,666 ex Vat, in respect of the financial year ended 28th February 2019 Sales amounted to £137,771 ex Vat, however, it should be noted that during this period (October 2018) the premises were extended and the new commercial kitchen installed enabling menu lines to be increased, the benefits of which have yet to be seen in the financial accounts albeit we have been advised during the peak summer months Sales can approach £10,000 per week.
Comments: The sale of Tom & Erin's provides an opportunity to acquire versatile well-presented and equipped catering premises enjoying probably one of the best seafront trading positions within the town. Coupled with this is a popular business which receives a great deal of regular local trade enabling it to trade all year round in addition to a substantial summer boost. New owners can still build on the current levels of trade, in particular following the installation of the new kitchen.
Tenure: Leasehold, held on a renewable 25 year Lease which commenced in 2018, rent £18,000 per annum.
Rates: Approximately £6,000 per annum payable.
Price: £75,000 for the benefit of the Leasehold, Goodwill, Fixtures, Fittings and Equipment (according to inventory) plus stock at valuation.