Business Overview
An incredible opportunity has arisen to acquire a highly acclaimed, beautifully presented modern English restaurant located in the heart of the historic cathedral city of Wells, Somerset. Established in April 2025, the restaurant has rapidly built an enviable reputation for its refined à la carte and tapas menus, elegant presentation, and welcoming atmosphere.
The business is housed in a charming property featuring a beautifully designed interior with 60 internal covers, alongside a delightful outdoor heated dining area accommodating an additional 20 covers—perfect for al fresco dining all year round.
The sale is a reluctant one, brought about solely due to family relocation, offering a turnkey, fully operational business for an ambitious chef-owner or an expanding hospitality group.
Prime Location & Capital Turnout
Situated in Wells, the restaurant benefits from a heavy and consistent year-round footfall. The city attracts a high volume of affluent local residents, alongside a thriving tourist market including regular coach parties, cathedral visitors, and holidaymakers.
Key Features & USPs
- Outstanding Reputation: Highly rated online.
- Versatile Revenue Streams: Successfully operates across multiple high-margin formats including a premium à la carte menu, a vibrant tapas selection, popular Bottomless Brunches, and traditional Afternoon Tea.
- Private Event Hire: Features a dedicated private dining/event area, making it a go-to local venue for profitable private bookings such as birthdays, anniversary parties, wakes, baby showers, and corporate lunches.
- Fully Licensed: Holds a full alcohol licence with an attractive, fully equipped bar area.
- Turnkey Equipment: The sale includes a fully fitted commercial kitchen built to a high standard, equipped with a commercial cooker, premium cooking appliances, comprehensive crockery, cutlery, glassware, and essential front-of-house bar equipment and glass washers.
Financials & Lease Terms
- Turnover: Strong financial foundation with a current annual turnover of £350,000, achieved over a limited 5-day trading week.
- Rent: Exceptionally competitive for the area at just £1,350 per month (£16,200 per annum), reviewed annually.
- Lease Terms: Secure leasehold with 3.5 years remaining on the current term, crucially featuring a 15-year optional extension, ensuring long-term operational security for the incoming buyer.
Substantial Growth Opportunities
While the restaurant is already highly successful, it has been run to suit the current owner’s lifestyle, leaving massive scope for immediate revenue expansion:
- Extend Opening Hours: Currently trading just 5 days a week on split shifts (Tuesday–Saturday). An immediate injection of revenue could be achieved by opening 7 days a week.
- Introduce Breakfast & Sunday Roasts: Capitalise on the heavy weekend footfall in Wells by introducing a premium breakfast/brunch menu and a high-demand Sunday Roast service.
- Delivery & Click-and-Collect: The business currently operates on dine-in only. Implementing a dedicated takeaway, click-and-collect, or local delivery service would tap into an entirely new segment of the local market.
Viewing Arrangements: This is a rare opportunity to acquire a high-turnover, immaculately fitted restaurant in one of Somerset’s most desirable locations. Early viewing is highly recommended. To request further details or arrange a discreet viewing, please submit an enquiry.
Leasehold Terms:
Lease Terms: Secure leasehold with 3.5 years remaining on the current term, crucially featuring a 15-year optional extension, ensuring long-term operational security for the incoming buyer.
Location Details:
Located in the heart of the historic cathedral city of Wells, Somerset. The business is housed in a charming property featuring a beautifully designed interior with 60 internal covers, alongside a delightful outdoor heated dining area accommodating an additional 20 covers—perfect for al fresco dining all year round.
