Restaurant/cafe for sale in Pensarn Road, Bala LL23

Location

The town of Bala is located right in the very heart of North Wales. It is 30 miles from Chester, and the lake boasts that it is the largest natural lake in all of Wales.

Bala lake is a mecca for water-sports of every kind, and climbers, walkers, cyclists and motorcyclists alike flock here in the summer.

The town grew rapidly in Victorian times and since then it has established itself as a central base for outdoor pursuits throughout the Snowdonia region, thus extending the tourist season significantly beyond the Summer season.

The Loch café sits immediately next to the main car park entrance, and in close proximity to the recently developed WC facilities serving the car park (which is currently undergoing works of extension to create more parking).

The property

The licenced Loch Café dates back over 100 years, and originally opened as a tea-rooms, long before there was a car park.

It has been extended and adapted over the years, and now presents as a fully fitted café and ice-cream parlour with 25 covers, served by a fully fitted kitchen.

Outside on a front patio sits a Vintage Ice Cream van, serving another 20+ covers, offering the potential to extend the café.

Adjacent to the café and historically interconnected to it is Y Bwythn. This was the current owners original house, but now presents as a two bedroom furnished holiday lettings property with strong year-round bookings through:

To the rear of this again is an enclosed field, with planning and licencing consents for 9 tents and three caravans. It currently houses seasonal boat storage, and two freestanding food units, one a wood fired pizzahut, and the second a Pancake/Coffee and Ice Cream hut.

There is a single customer WC.

Accommodation

Loch Café:

Main Area: 34'3” x 13'3” 454 sq ft
Kitchen: 9'9” x 16'11” 165 sq ft
Store: 81 sq ft

Outside area with Vintage Ice Cream van and seating.

Ground Floor:

Kitchen: 11'6” x 13'4”

Lounge: 13'5” x 11'6” open fire & shower room off

Dining Room: 23'5” x 6'3”

Veranda with views over Lake.

First Floor:

Main Bedroom: 12'1” x 11'6” double bed

Rear Bedroom: 5'11” x 9'1” single bed

Bathroom: 9'0” x 4'1”

Outside:

Event field with freestanding hospitality buildings.

Rateable value & council tax

Rateable Value : £5,000.

Tenure

Freehold with vacant possession on completion (N.B. Bookings for Y Bwthyn have been taken for up to 12 months).

Fixtures & fittings

The opportunity is offered for sale as a going concern, all the fixtures on site are owned by the vendors and will be included in the sale. Effectively this business and assets are to be sold 'as seen'.

Staff

The owners run the business themselves and intend to retire on sale, there are two seasonal staff who may be affected by tupe, full details on request.

Business opportunity

The business is operated as a husband and wife partnership, and the owners have understandably been reducing their operating hours over the last few years.

The café and garden currently close at 5pm, and the current turnover levels reflect this.

The café and catering uses currently only operate from April to October only.

There is no website and very limited Social Media presence.

A purchaser with more energy and focused investment has the opportunity to extend and maximise evening, weekend and out of season trade, to develop the Café into a much fuller food offering, to develop a social media presence and make more intensive use of the field for events/ private parties/ functions etc.

EPC

Loch Café has an EPC rating D.
The house has an EPC rating G.

Planning

The site sits within the Snowdonia National Park. There are strict planning policies and purchasers are drawn to these, and recommended to make their own enquiries.

Price

Guide Price: £975,000 to include all F&F, ongoing business bookings, stock, and all structures, displays and cooking equipment on the site.

VAT

No VAT is payable on the sale of the properties or business.

Costs

Each party will be responsible for their own legal costs on sale and purchase.

Agent's note
It is a legal requirement under Anti-Money Legislation that we must verify the identity of a proposed purchaser once a sale has been agreed.

The proposed purchaser will be required to provide appropriate information before instructing solicitors and consent to this being checked with an external agency.

Viewing

By prior arrangement through the sole agents.

Subject To Contract.