Leisure/hospitality for sale in Weymouth, Dorset DT4

£165,000
Leisure/hospitality for sale
Interested in this property? Call +44 1772 913303 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Bistro with excellent reputation centrally located near harbour in Weymouth, Dorset.
  • 2018 turnover in excess of £446,000, weekly in excess of £8,575 highly profitable.
  • Harbour and historic street location.
  • Modern interior, 2 floors, approx. 100 internal and up to 60 covers externally serving area. Excellent scope and potential.

Property description

Reference - 46937

Description
The Galley Bistro is a multi function bistro located on Hope Square, in the historic harbour centre of Weymouth, Dorset. With easy parking nearby, plenty of comfortable seating on the ground floor, over 100 covers internally all year round and up to 60 additional covers to the exterior weather permitting, there is a true scope to expand and build upon the current success of the vendors and extend the hours and menus on offer.

With a commanding position and a friendly atmosphere throughout, clients can choose from a selection of dishes, snacks and drinks. The Galley Bistro also offer a regularly updated range of specials and great home food to choose from.

The Galley Bistro is centrally located within the historic harbour area of Weymouth in Dorset. The business benefits from numerous tourists throughout the year, in addition the business is supported by keen locals who supply all year round trade.

The business has been owned and operated by our vendor for over 16 years, the business used to be booming, however due to a lack of enthusiasm by the vendors, and young families, they restricted the opening hours. Previous income from the business was in excess of £475,000.

The Galley Bistro is licenced for alcohol and it wouldn’t take long for an enthusiastic buyer to to bring back the evening trade and boost their investment.

The current seating arrangements are laid out over 1 floor for diners with the first floor utilised for the toilets and office space and storage, the current eating area offers in excess of 100 diners with comfortable seating arrangements.

The business offers a full waiting service from its dedicated team of staff, and offers free wifi while diners eat and a good all round service with plenty of excellent reviews.

All food is prepared in their own kitchens, which are full commercial and offers as much local produce as possible, during summer months the business offers additional seating outside.

The business would ideall

Sales
Current sales average £8,575 approximately with excellent scope to boost these.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
The vendors currently regulate the opening hours, due to their personal preferences. Currently the vendors are open as follows leaving huge scope to increase the turnover by extending the opening hours.

Monday
10:00 to 14:30 in winter and open until 18:00 in summer

Tuesday to Thursday
10:00 to 14:30 -18.00 to 21.00

Saturday
10:00 to 22:00

Sunday
10:00 to 16:30

Staff
Operated by the vendor with 2 x full time chefs and 4 full time staff.

Building External
The business operates from an impressive, large modern interior 2 storey historic property, resting upon the main Hope Square, close to the harbour (100 yds) within the town centre of Weymouth.

The main building is constructed of stone under a pitched roof with slate tiles.

Building Internal
There are multiple entrances to the front and side of the building, one leads into a small dining area, with the second leading into the larger dining area.

The walls are open brickwork as a feature with dark timbers to the ceilings and a reduced atmospheric effect with hanging light fittings.

The floors are oak timbers while the area near the bar is a natural stone floor. The whole of the dining area is centrally heated throughout.

To the rear of the bar area is the commercial kitchens, split into two main areas, a cleaning area and a preparation/cooking area, the kitchens are adequately installed with full commercial equipment throughout.

There is also access from the ground floor to the disabled toilets as the business is disabled friendly.

A staircase leads to the first floor where the ladies and gents’ toilets are located along with storage and small office space.

Externally, a large area is cordoned off within the square for use and hosts seating for an additional 60 diners.

There is separate access to storage areas from the side of the building.

Residential Accommodation
There is no residential accommodation associated with the business.

Tenure
The current lease has expired, and the landlord is allowing the owners a rolling annual lease.

A new 12-year lease will be issued to suitable applicants upon a rental of £3,250 pcm.

The business currently benefits from small business rate relief. These figures will be given at the time of viewings.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
An ideal opportunity to obtain The Galley Bistro, located right in the centre of historic Harbour area of Weymouth in a highly desired area.

The business offers excellent scope for an owner operator to enhance the good work already established by the current owners.

Due to the location and scope demand is expected to be high and early viewing is recommended to avoid disappointment.

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

Contact Kings Business Transfer about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Hope Square commercial properties for sale