SOUTH GLOUCESTERSHIRE - LUCRATIVE CAFÉ/BAR IN TOWN CENTRE SHOPPING DISTRICT

St. Mary Street, Thornbury, Bristol, Gloucestershire, BS35 2AB

Ref: 47877

Asking Price £650,000 Freehold
Status On Market

Key Features

  • M5 corridor town centre
  • Café/bar in pedestrian shopping district
  • Well presented trade areas (90)
  • 3/4 bedroom accommodation
  • Trade patio (90+)
  • Consistent net turnover £700,000+ per annum
  • Location

    Hawkes House occupies a prominent position in the pedestrianised district of the historic market town of Thornbury. The premises is situated on the edge of St. Mary Shopping Centre, just off the high street and opposite one of the town’s large, free car parks. This ‘Britain in Bloom’ award-winning town is approximately 12 miles north of Bristol and has a population of around 15,000. It is also the headquarters of South Gloucestershire Council.

    Thornbury is ideally located just off the A38 which connects Bristol to Gloucester and is within easy reach of the M4 and M5 motorways. It is a vibrant town with many fine period buildings and a comprehensive range of schools, shops and sports facilities. Regular bus services provide transport to Bristol, Gloucester and Cribbs Causeway.

    Hawkes House occupies a 19th century, two storey, detached property in a conservation area. It is of stone construction under a pitched tile roof and is more briefly described as follows:-

    Property

    TRADE AREAS
    The front entrance from St. Mary Street leads into the BAR area which features a bar servery with panelled frontage. There are three principle DINING AREAS which can seat approximately 90 customers in total. These trade areas are full of character with exposed stone walls, cobbled floors and vaulted timber ceilings. At the rear is a further dining area suitable for private dining. LADIES’ AND GENTLEMEN’S TOILETS.

    Catering KITCHEN with a range of stainless steel equipment and an extraction system. WASH-UP ROOM offset.

    Ground floor, refrigerated BEER CELLAR. BOTTLE STORE.

    OWNERS ACCOMMODATION
    Located on the first floor with internal access, comprising:

    THREE DOUBLE BEDROOMS (one of a generous size with a built-in wardrobe)
    ONE SINGLE BEDROOM/OFFICE
    KITCHEN
    BATHROOM

    EXTERNAL
    The trade patio has bench seating for approximately 90 customers. There is also scope to convert the flat roof terrace and provide additional seating, subject to planning permission.

    The owners of Hawkes House have a gentleman’s agreement with the owners of the private car park to the rear which permits them to use two of the car park’s spaces.

    There is an OUTBUILDING which is used as a dry store. This building is leased on a peppercorn rent.

    The Business

    Hawkes House has been under its current ownership since August 2013. When the property was purchased, it was known as ‘The Barrel’ but it has since been renamed and transformed from a public house into a quality café/bar. The business’s tea and coffee service is very popular in the daytime, whilst bistro food is offered in the evenings.

    Being on the pedestrian route from the large public car park to the shopping centre, the business benefits from high footfall. It is well supported by local customers, shoppers and weekend visitors from the nearby city of Bristol.

    Hawkes House operates 7 days a week, opening at 9:00 and closing at 22:00. A new owner might also wish to capitalise on its late licence (02:00).

    The business achieves consistent net sales of approximately £700,000 per annum. Further accounting information may be made available to serious applicants following a formal viewing.

    Tenure

    FREEHOLD £650,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Premises Licence is held.

    Services

    All mains services are connected.

    Local Authority: South Gloucestershire Council.

    Rateable value: £25,500 as at 01 April 2023.

    Enquire about this listing

    Joseph James
    Wessex