Blues Restaurant & Coffee Bar
The Corner House, Hugh Town
St. Mary's, Isles of Scilly TR21 0LL

A Good Business ope to Realistic Offers

A fine business opportunity with a life style to match.
This character property occupies a prime location in Hugh Town's “High Street” within only a few minutes walk of the town's main beach and harbour and with all the main shopping and recreational facilities adjacent.

The isles of Scilly are located some 28 miles South - West of Land's End and consist of hundreds of islands and islets of which only five are inhabited, St. Mary's being the largest, Tresco famous for its subtropical gardens and privately owned estate, St. Martin's, Bryher and St. Agnes. St. Mary's being the main island accommodates the vast majority of not only the residential population but also tourists who visit the islands throughout the year and, indeed the tourist season is very much all year round unlike the mainland. This is due to the mild equable climate that the islands enjoy, often having been described as subtropical with mild winters and generally warm summers. The peak part of the summer tourist season usually covers a period twice as long as that of the mainland and with the increase in popularity of early and late season breaks, together with the fascinating history and wildlife of the islands, ensures that there is never really a quiet time. In early spring the daffodil bulb farms are at their most active exporting flowers all over the world. may thousands of tourists flock to the island to enjoy fields full of flowers at this time of the year. The wealth of the islands is generated these days mainly from tourism but also from the flower and bulb farms which have made the Isles of Scilly famous. During migratory periods, thousands of birdwatchers descend on the islands again adding to the benefit of all the local businesses. Access to the islands is either by steamship on the Scillonian, a journey of some 2 hours from Penzance, or by helicopter from Penzance Heliport, or from Land's End, Newquay, Exeter, Bristol or Southampton airports vial the island's Skybus service offering regular flights throughout the day.

The premises have traded as a very successful restaurant for approximately twenty years. During our Clients' period of ownership, the premises have been revamped, redecorated, refurnished and are now presented to an extremely high standard. Considerable expense has been made, especially in the kitchen, to create an exceptionally well fitted commercial kitchen area. Our Clients have especially concentrated in the standard of their product and their quality of service which has resulted in their present excellent reputation.
One highly important factor in the desirability of this business is its diversity of trade. The property enjoys the benefit of a Full On Licence and is a Free House with an attractive bar area at the lower ground floor level plus the dining areas which, during the day can be used for simple catering such as tea rooms and as a coffee bar, changing in the evenings, or indeed during the day as well, to more full meals of a restaurant style, plus the patio to the side of the property which has proved extremely popular with customers and which has a long serving hatch directly into the kitchen.

The accommodation comprises:

On the Ground Floor

Front Dining Area 19'0” X 13'2” With natural exposed stone walls, beamed ceiling, wall lighting and a range of comfortable furnishings for some twenty covers.

Ladies and Gents Cloakroom

Utility / Lobby Area With wine chiller, store and general utility area

Rear Dining Area 17'9” X 15'9” Again with natural exposed stone walls, wall lighting, range of comfortable furnishings for some sixteen covers and steps down to the lower ground bar.

Main Kitchen Recently refurbished and comprehensively equipped with a full range of commercial catering equipment including two Falcon cooking ranges with ovens, extraction canopy, stainless steel work tops, sink units, grills, microwave ovens and deep fat fryers etc.

Preparation Kitchen With a coffee machine and full width opening shutters onto the patio

The Patio A secluded area just a few paces off the main high street approached by a separate entrance and furnished for some additional twenty two covers

On the Lower Ground Floor

Bar Area 18'5” X 13'2” approached either internally from the ground floor rear dining area or externally with a self contained access via steps down from the pavement. Exposed stone walls, stone floor, wall lighting and exposed beamed ceiling.

Bar Servery With service counter, back bar fittings and display shelves

Draught Beer Store

Living Accommodation

A self contained area with, on the ground floor and accessed from the side of the premises. Kitchenette area having stainless steel sink unit, stairs to the first floor with Lounge and Double Bedroom with an en-suite shower, w.c. and wash hand basin and airing cupboard with electric immersion heater.

N.B. We understand from our Clients that it may be possible to rent additional living accommodation above the premises, separately from the Landlord, subject to availability and additional rent.








The Business

Trade is that of a fully licensed restaurant and coffee bar which has been operated by our Clients for the past four years. In those four years they have improved the quality of the business and built upon its reputation, to create a popular lucrative business. There is a thoughtfully prepared menu which includes a number of fish and shell fish dishes, meat dishes utilising fresh produce from the Islands wherever possible. A comprehensive selection of wines are also available. The average spend per head for a typical three course meal is in the region of £25 - £30 plus drinks. We are advised that the premises have a full on licence which permits trading from 11am until 11pm seven days a week. However, our Clients choose to operate the business from 9am - 4pm, opening again at 6pm - 9pm six days a week in the low season period and seven days a week in the peak season.

The business is operated by one of the two business partners (being the Chef) - the other being a sleeping partner - together with employing two assistant Chefs, one KP and two full time waiting staff on a shift basis. Apart from the excellent custom from the many thousands of holiday makers visiting the area every year, our Clients have established the business to such an extent that they have achieved an excellent locals following all year round and have particularly good custom over the Christmas and New Year period.
Our Clients have stated that turnover for the year ended 31st December, 2007 amounted to approximately £205,700 excluding VAT, and achieved excellent profit margins. Full trading figures can be made available to serious prospective purchasers having initially viewed the premises.

Stock to be taken over at valuation upon completion should amount to approximately £3,500.

OUTGOINGS: We understand that the current business rates amount to approximately £4,275 per annum.
SERVICES: Mains water, electricity and drainage are connected to the property. Bottled gas is also used for the majority of the catering equipment.

TENURE: We are advised that the premises are held on a Lease from a private landlord granted in March, 2005 for a term of seven years and with written provision for an option to renew this lease for a further seven years, at a current rental of £26,0000 per annum, with full repairing and insuring covenants and a rent review in March 2012.
NB Unless otherwise stated all rental figures and asking prices quoted in the above are exclusive of any Value Added Tax that might be applicable.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.