Thriving Plymouth bistro on the market
Bistro One, located in central Plymouth close to busy Drakes Circus shopping centre and the University, has been put on the market by commercial property specialists, Charles Darrow. They say that its position in the area helps to boost breakfast, lunch and evening trade as well as providing an excellent venue for private functions.
The bistro offers a diverse menu, catering for a wide variety of patrons ranging from business people and shoppers to local residents and, indeed, the vast numbers of university students who regularly dine in the area due to its close proximity to both the university itself and halls of residence.
Inside the ground floor restaurant is bright and colourful with open plan dining for 32 and a wine bar/server at the back. A fully equipped kitchen, and toilet facilities together with an enclosed rear yard complete the business on offer.
Bistro One has been owned and operated by the vendor since it was established in 2004, and the business has provided a consistent income, steady year round trade and advised excellent profits. The regular mealtime trade has been boosted by special events including poetry reading and wine tasting. The emphasis has been very much on sourcing quality local and seasonal produce with an accent on fish and seafood, and offering separate lunch and supper menus along with fixed price menus for larger parties; all of which have provided excellent value for money.
The proprietor currently operates the business with a full time chef and two part-time waiting staff. The restaurant has not opened on Sundays or Mondays under the present ownership, so there is plenty of scope for extending the opening hours and also possibly changing the type of cuisine that has been offered to date. There are many complementary businesses in the immediate area providing plenty of potential customers throughout the year.
Charles Darrow is seeking £29,950 for the Leasehold business. Director Paul Heather commented, “This sale represents an excellent opportunity for new owners to put their own stamp on an already well established business in a fantastic city centre location. Owing to its close proximity to the university and student housing as well as Drakes Circus shopping centre, it may suit a high end burger restaurant and many other restaurant themes”.
