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Minehead multiple business opportunity

January 2022

A successful café business is on the market as the couple retire after having run the business for nearly 30 years.

The Wheelhouse Snack Bar is at the heart of Minehead’s retail centre, fronting The Avenue, the town’s main shopping street.

This prominent, retail premises, which usefully, has a separately accessed four-bedroom maisonette, is on the market with commercial agents, Greenslade Taylor Hunt, at a guide price of £375,000.

“This well situated handsome mixed use property is on the market for the first time in many years. Benefitting from a separately accessed four-bedroomed maisonette, which has been fitted out to a good specification, with successful café business below in the ever-popular seaside resort of Minehead. We are sure this is not going to remain on the market long,” said Joseph Hughes, Associate with Greenslade Taylor Hunt.

The well-appointed building benefits from outdoor seating and the long established business averages an annual turnover of £80,000.

The business benefits from loyal local and holiday trade, providing a year round income. There is also good passing trade from potential customers visiting the nearby seafront.

Despite the pandemic the business is in a healthy financial position. It is for sale as a going concern, with the fixtures, fittings, furniture and equipment included.

Adjacent to the café and snack bar is a popular hairdressing business, which is sold off on a long lease, but included within the freehold title.

The maisonette comprises a kitchen, open plan living and dining room and bathroom on the first floor. There are three double bedrooms and a single bedroom on the second floor. There is also a roof terrace to the rear, which is accessible from the first floor of the maisonette.

For more information please contact Duncan Brown or Joseph Hughes on 01823 334455.

 

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