Sold

Beautifully Presented Café with Lovely Courtyard

Bath, Somerset

£89,950 +SAV

Ref: 14205 I

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Description

Hilton Smythe welcomes to the market Cloud 9, For Sale after several years owing to our clients wish to emigrate.
From daily breakfast of distinction to Sunday lunch, a contemporary modern and liquor licensed coffee shop and café, serving the local and wider community either in house, or by food to go. Cloud 9 offers imaginative menus using quality locally sourced produce. From traditional staples to tea and freshly brewed coffees, home-made cakes and afternoon tea and scones. In addition to sublime sandwiches, quirky cakes, to gourmet a la carte suppers and local organic ales and ciders.

The ethos at Cloud Nine is simple, to provide good, honest and hearty food with a fantastical flair sourced by local suppliers. Locally renowned with a valued and long standing regular clientele, the business has quickly built up an enviable reputation and is very well supported by the local community.

Excellent use of the internet, social media, and all things online has help to gain exposure of the buisness with brilliant reviews including Tripadvisor. A vibrant and engaging website exists, along with a busy well liked Facebook page. Further information about the business can be viewed by following this link. https://vimeo.com/140529850.

Although an already busy, popular, and successful business with a great reputation, there is still much room for organic growth and scope. Ideal for a relocating husband wife team, or partnership.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold business opportunity

Original lease length: brand new lease terms by negotiation with the current private landlord will be available.

The current rent paid is £1,080.00 per month / £12,960.00 per annum.
The vendor has confirmed with the landlord that this will remain the same with a new lease agreement.

The business rates paid are £206.00 over 9 months / £1,854.00 per annum.

Hours


The business opening hours:
It is possible to experiment with and alter the current opening times.
Monday to Saturday 9:00 to 16:30
Sunday: 10:30 to 15:00.

Staff

The business is run by a hands-on owner operator with help from 2 Full time staff.

Financial Profile

Accounting information for the year ended 2016 shows an annual turnover of £146,744 and a gross profit of circa 60%.

Location

Situated in a beautiful semi-rural backwater of Bath city centre, within the county of North East Somerset.

Easily located with prominent visible signage and lovely kerb appeal, the business sits on a main street at the head of several road junctions. Cloud 9 is located adjacent to plenty of other complimentary and independent businesses.

There is plentiful parking available to the approaching streets and surrounds, with Larkhall boasting plenty of traditional operators including a village store, butchers, and a pub.


Larkhall is an extremely popular, affluent, and densely populated residential location, to the outskirts of Bath City Centre with a semi-rural detachment from the city itself. Beautiful architecture and Bath Stone buildings are evident throughout. The area has a superb mix of local, tourist, and student attraction across the trading year.

Sitting North East of the city centre, there is a wider population around 100,000 people in Bath, with excellent public transport and road networks via the A46 and M4, M5 beyond.

Premises

A well maintained and tastefully presented lock-up only premises circa 53 sqm.

Lovely contemporary modern décor and ambience throughout, in well maintained pastel colours with wood style floors, Georgian style window elevations, plenty of loose dining furniture, circa 25 covers, central counter and servery with refrigerated display, menu chalk boards, roll top counters, prep and serve areas and coffee machine.

Well-equipped low pressure gas fed catering kitchen with extraction, patrons WC’s, staffing, dry stores, storage and ancillary areas.

To the rear and side is a lovely Al Fresco outside space, tastefully presented with delightful pergola, aesthetic screening, external dining furniture, pretty planters and courtyard feel.

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