Project Description

Ref: GAT2077

Gator Business Sales is pleased to be able to offer for sale this established and award winning Café.

Ideally located in Verwood, an affluent East Dorset town, close to Bournemouth and Poole, and just a few minutes’ drive from the New Forest.

The Hollow offers a varied menu including breakfasts, light lunches, sandwiches, salads, homemade cakes and sweet treats, ice cream, as well as an extensive range of hot and cold drinks.  Provenance of ingredients is of particular importance to this family-run business, with the majority of their suppliers being independent and local.

Well presented eye-catching corner premises are a particular feature of The Hollow, as is the extensive and attractive al fresco dining area.

Secure lease with favourable terms.

A3 planning consent, 5 star FSA hygiene rating (April 2018), and alcohol license.

Exceptional TripAdvisor and Google reviews.  The Hollow has also received the coveted TripAdvisor Travellers’ Choice Award for 2020.

High quality fixtures and fittings throughout.

Turn-key purchase opportunity that would be particularly suited to a hands-on couple, partnership or family with food service/hospitality experience.

Please note that the vendor has requested that no direct approach should be made to them or the staff of this business, and all requests for information need to be made via Gator Business Sales.

Property Details: Leasehold

Asking Price: £75,000 + SAV

Turnover: £184,775

Trading Hours: Currently operating Monday-Saturday: 8.30am-4.00pm.

Location: Ideal location in Verwood, a busy affluent East Dorset town.  There is a large free car park a couple of minutes’ walk away, and free on-street parking adjacent.

Premises Details: Well maintained corner premises totaling approx. 83.2 sq m/895 sq ft, plus large external dining area.

Planning Consent: The business operates with A3 planning consent.

Lease Terms: The current 10 year lease runs through until October 2022.  Our client advises that the passing rent is £13,500 per annum and is payable monthly in advance.  We are also advised that the lease is fully renewable under the terms of the 1954 Landlord & Tenant Act.  The incoming tenant will be required to lodge a 3 month rent bond with the landlord.

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