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Freehold All Day Dining Café Bar For Sale

Thornbury, Bristol, UK
Asking Price:
£650,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£500K - £1M
Net Profit:
On request

Established Freehold Café Bar & Restaurant – Affluent South Gloucestershire Market Town

A rare opportunity to acquire a substantial and highly established freehold hospitality business in the centre of an affluent South Gloucestershire market town, approximately 12 miles north of Bristol and within easy reach of the M4, M5 and A38.

Trading successfully under the same ownership since 2013, the business has been developed into a popular all-day café, bar and restaurant with a strong local following and consistent annual net sales of approximately £700,000+.

The characterful 19th-century detached stone property occupies a prominent pedestrianised town-centre position close to the High Street, shopping centre and a large public car park. Internally, there are several attractive trading areas providing approximately 90 covers, together with a fully equipped commercial kitchen, bar, cellar, private dining space and customer facilities.

Externally, a substantial trade patio provides seating for approximately 90 additional customers, creating significant seasonal capacity and further scope for events and private hire.

The first floor also provides flexible three/four-bedroom owners’ accommodation, including kitchen and bathroom, which could potentially be used for owner occupation, staff accommodation or other purposes subject to any necessary consents.

The business currently trades across daytime, evening and weekend periods and holds a full premises licence, offering scope for a new operator to further develop later trading, events, private hire and other revenue streams.

The sale is being offered due to the owners’ relocation and other business commitments after more than 13 years of ownership.

Freehold guide price: £650,000, to include the property, established trading business, goodwill, fixtures and fittings. Stock at valuation.

Further financial information and a detailed sales brochure are available to genuinely interested parties following an initial confidential enquiry.

Property Information

Property:

Freehold

Living Accommodation:

Located on the first floor and accessed internally from the commercial premises, the owners’ accommodation comprises three double bedrooms, including one particularly generous room with built-in wardrobe, together with a fourth single bedroom/office, separate kitchen and bathroom. The accommodation provides considerable flexibility for an owner-operator, management or staff accommodation.

Location:

Occupies a prominent position within the pedestrianised centre of the historic market town of Thornbury, approximately 12 miles north of Bristol. The property just off the High Street and directly opposite one of the town’s large public car parks, providing strong pedestrian footfall throughout the day. Thornbury is well connected via the A38, with easy access to the M4 and M5, and benefits from a prosperous local catchment as well as visitors from Bristol and the surrounding area.

Premises Details:

A substantial detached 19th-century stone property arranged over two floors and situated within a conservation area. The ground floor provides a principal bar area together with three character dining areas accommodating approximately 90 customers, plus an additional private dining area. Features include exposed stone walls, vaulted timber ceilings and attractive period detailing. There is also a fully equipped commercial kitchen with extraction, separate wash-up area, refrigerated beer cellar, bottle store and customer toilets. Externally, the property benefits from a substantial trade patio providing approximately 90 additional covers, together with a separate dry-store outbuilding.

Energy Performance Rating:
E

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is considerable scope for a new operator to develop the business further. The premises holds a late licence permitting trading until 2:00am, providing an opportunity to increase evening and late-night sales. The substantial outside trading area also lends itself to events, live entertainment and private functions, while the existing private dining area could be marketed more actively for parties and corporate use. There is also potential to create further external seating on the existing flat-roof terrace, subject to the necessary planning consent.

Competition / Market:

The business operates within a healthy local hospitality market comprising independent cafés, restaurants and pubs, as well as a number of national operators in the wider area. Hawkes House differentiates itself through its prominent town-centre position, substantial indoor and outdoor capacity, established trading history and broad all-day food and drink offer. Its location on the principal pedestrian route between a large public car park and the shopping centre provides an important competitive advantage.

Reasons for selling:

Relocation of owners

Trading hours:

9am to 11pm

Employees:
22
Years established:
13

Other Information

Support & training:

Effective & supportive transition period/training offered.