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Bustling Café, Event Venue In Picturesque Sailing Village For Sale

Hamble-le-Rice, Hampshire, UK
Asking Price:
£250,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

We are split level venue with a huge garden located on the cobbled High Street. We offer day time in to early evening food and drink offering, including afternoon teas and bottomless. There is definitely room to explore breakfast offering too. However we have gained a lot of event business for events for 20-60 guests including birthdays, wedding receptions, wakes and more. Summer is a busy time for the village but our Christmas offering is also a key period. The business is ready for someone to walk in and take over with event bookings in to 2026. Full handover will be offered.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

10 year lease (Sept 2024) with a break clause at 5 years
Very understanding landlord

Leasehold Rent:

£30,000 per annum

Location:

We are located on the cobbled High Street. There is public parking both at the top and the bottom.

Premises Details:

A historic building with plenty of history. Split level allowing for multiple events at one time. Huge sun trap garden with mature vines and heated huts

Planning Consent:

This is a class E property with an alcohol license. We gained all planning permissions for all the building work we have had done plus full support of the landlord.

Business Operation

Management type:
This business is employee owned (ESOP).
Expansion Potential:

Expansion of hours to include breakfast. The events side of things is growing and could definitely expand.

Competition / Market:

There are several pubs, a thai, a pizza place and a couple of cafes but nothing that offers quite what we do. The village works together so no one is stepping on each others toes.

Reasons for selling:

This is a family run business however we are now looking to pursue other projects.

Trading hours:

Weekdays & Sundays 12-5pm
Fridays & Saturdays 12-9pm

Employees:
10
Years established:
6.5

Other Information

Support & training:

We have built the business with our whole heart and would therefore offer full handover and support if required. We still live in the village and would want to see it succeed.

Furniture / Fixtures value:
£180,000 - included in the asking price
Inventory / Stock value:
£7,000