A UNIQUE OPPORTUNITY TO ACQUIRE A LONG ESTABLISHED AND PARTICULARLY WELL-SITUATED BISTRO AND COFFEE HOUSE WITHIN THE CHESTERFIELD AREA

Reference: 
4490
Enquire about this property
£75,000
Leasehold
For Sale
Location: 

T/A BLU BISTRO AND COFFEE HOUSE, 370 CHATSWORTH ROAD,

BRAMPTON, CHESTERFIELD, S40 2DQ

Occupying a fine location in this sought-after area to the West of Chesterfield, gateway to The Peak District National Park.  This is a long-established business which offers enormous potential, currently offering breakfast, brunch, lunch and dinner.

The premises have been equipped to a high standard with much recent new equipment, with the layout over three floors, including ground floor restaurant, bar and kitchen, first floor additional dining area and private dining room, and further dining on the lower ground floor.

Turnover around £150,000 per annum, with impressive gross margin in excess of 60%.

Early viewing recommended.

A new lease to be granted at a commencing rental of £12,000 per annum.

 

BUSINESS: £75,000 - OFFERS INVITED

STOCK TO BE TAKEN AT VALUATION

 

Location

Situated approximately two miles to the west of Chesterfield town centre, the premises have frontage to Chatsworth Road, and are close to each junction with Walton Road/Old Hall Road adjoining the Morrison’s supermarket car park. There is also roadside parking within the vicinity.

                       

Accommodation

The spacious premises have accommodation arranged over three floors, which briefly comprises as follows:

Ground Floor Restaurant

With seating for 12 diners the attractive ground floor area features exposed brickwork combined with mirrored wall areas and recently installed hemp lighting to provide a contemporary and welcoming restaurant. 

To the rear of the restaurant area is a stylish bar area with four high bar stools ideally suited to pre or post meal drinks, or a relaxing area in which to simply enjoy a beverage. The bar is well equipped with a counter top wine cooler, under counter refrigeration unit with two beer pumps, double under counter chiller cabinets and fitted shelving, with display shelving to the rear wall to display a wide range of spirits

Beyond the bar area is a well-equipped kitchen with stainless steel preparation unit, stainless steel freezer, and three refrigerated units incorporating a salad bar.  Further to the rear is an extraction system, double deep fat fryer, six ring gas range oven, a Rationale cooker (gas) self-cooking centre (five tray).

 

From the dining area a staircase leads to the…

Lower Ground Dining Area

Which is attractively appointed with exposed brickwork and beams to the celling, and provides comfortable dining for 12. This area also provided an additional private dining facility if required.

From the ground floor dining area an attractive wrought iron staircase provides access to the…

First Floor Landing

Off which is a ladies’ cloakroom with WC and washbasin, together with gents’ cloakroom having low flush WC incorporating washbasin top.

A Separate Dining Area

Ideal for parties of 10/12 with either rectangular dining facility or circular table.

Well-appointed with fitted carpet and window to the rear. Lobby with walk-in cupboard.

To the front of the building there is a…

Private Dining Room

A further well-presented dining area providing space for 20 diners which can be configured in a number of ways providing excellent flexibility for additional diners or private dining.

First floor lobby with outer door having access to an external staircase. Internally there is a staircase leading to second floor office.

Second Floor

                        The second floor is currently utilized as office space, which offers the potential to sub-let this area as a self-contained space with the benefit of its own external access. This could be linked with the front private dining room if not required to provide a larger self-contained space which could be sub-let to provide additional income.

 

Outside

Small paved area to the side offering potential for tables and chairs when the weather permits.

Additional features include CCTV, gas fired central heating and sound system to three levels.

 

General Remarks

Business

This is a long-established concern which has an enviable reputation for quality through much of its sourced by local suppliers.  The location of the business is such that it is a preferred out of town site, adjoining Morrisons supermarket, and therefore provides additional car parking facilities.

                        The premises have been attractively appointed throughout, and the current proprietors have taken care in creating a mouthwatering menu for not only breakfast, but brunch, lunch and dinner currently opening 9am – 3pm Tuesday to Saturday, 10am – 2pm Sunday, and evenings Wednesday to Saturday inclusive 6.30pm – 9pm. 

There are a range of themed evenings, including Italian nights, Gin tasting, Mother’s and Father’s day lunches, in addition to which there are excellent facilities for private parties i.e. Baby showers, Christenings and other celebratory events, and if you are seeking an intimate evening with friends there is the private dining at first floor level.

The business is currently operated by our client, together with two chefs and a range of part time staff.

 

Turnover

In the last financial year it was approximately £150,000, with a gross profit margin in excess of 60%.

 

General Premises Information

 

Lease

A new lease is to be granted for a term to be negotiated, a rental of £12,000 per annum, payable quarterly in advance by bank standing order.  The lease will be granted effectively on full repairing and insuring terms. 

 

Freehold

Our client would consider a sale of the freehold interest in the property if desired, with different options considered such as initial rental with an option to purchase in the future.

 

Rating Assessment

The premises currently have a rateable value of £4,900, and is currently exempt from the payment of business rates. 

Services

All mains services are connected.

Viewing

Strictly by appointment with Fishwick & Co.

Telephone: 01246 558995

          Email: info@fishwickandco.com.