Restaurant/cafe for sale in Windermere, England, United Kingdom LA23

Business
Please quote reference B07677

CoGoGo are delighted to welcome to the market The Windermere Speakeasy, a highly rated Cocktail Bar in Windermere, Cumbria.

The business was originally established in 2014, with our client taking over in 2019. During that time, the business has built up an excellent reputation and regular customer base. Because of this, the business has been raked the second best restaurant out of 55 to visit in Windermere and has been awarded a five star hygiene certificate.

The Windermere Speakeasy has now come to the open market due to our clients desire to pursue a change of direction.

The Windermere Speakeasy is a unique haunt, by day a coffee and tea house which transforms to a cocktail and wine bar serving world class drink’s accompanied by Mediterranean themed delicacies by night.

Features of the business include;

• Reservations


• Seating


• Alcohol


• Full bar


• Free wi-fi


• Accepts credit cards


• Table service


• Dog friendly


• Gift cards available


• Afternoon Teas


• Light bites


• Signature cocktails


• Fine wines

The business benefits from good visibility online with great reviews.

Key selling points -

• A well established business with an enviable reputation and many existing customers


• Prime trading position in this popular resort town


• Current owners happy to offer a handover to ensure the continued success of the business


• Includes 1 bed owners accommodation or letting potential


• Ideal owner managed or partnership business


• A real opportunity to increase turnover and profits significantly, the current owners have been running at a pace to suit due to their other business interests

Scope for further growth -

• Advertising and Marketing campaign


• Maximise the use of social media


• Website, ideally with a gallery and online ordering facility


• Extend the opening hours


• Explore voucher discounter offerings from the like is Wowcher, Groupon and Taste Cards


• Introduce a customer loyalty card/scheme

Very rarely do café bars of this calibre come to market especially in such a sought after location. The business is likely to attract considerable interest so early enquiry is highly recommended.

Location
The Windermere Speakeasy is located on High Street in Windermere, Cumbria.

The business has clear visible signage, receiving high levels of footfall and passing trade.

There is free on street parking in the streets and roads surrounding the premises.

Premises
The business occupies a period style building and is nicely presented.

Cafe/Bar area -

• Different seating and dining areas with wooden floors


• Tables and chairs currently providing approximately 20 covers but with room for more


• Service counter/bar area with till, coffee machines and shelving units


• Under counter wine chillers

Kitchen area -

• Commercial kitchen unit with range cooker with fan oven and 8 gas burners


• Full extraction system


• Stainless steel worktops


• Dishwasher and microwaves

WC -

• Customer WC's with hand wash basins

First floor -

• Further seating and dining areas


• The business also includes owners accommodation which could also be let out


• Good sized double bedroom, kitchen facilities and a storage space.

Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to negotiate a mutually acceptable lease with the new buyers. The current rent is £20,000 per annum.

Hours
The current trading hours are

Monday - 4:00pm - 10:00pm

Tuesday - Closed

Wednesday to Thursday - 4:00pm - 10:00pm

Friday to Sunday - 12:30pm - 10:00pm

Staff
We are advised that the business is run and managed by one of the owners, with the help of 2 full-time staff members.

Financial Profile
Further financials can be made available upon request.