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Please note that this property is no longer on the market
Stiles Coffee Bar & B&B, Compston Road, Ambleside
Price: £240,000
Tenure: Long Leasehold
Type: A3 - Restaurants / Cafes, A5 - Take Away, Guest House / Hotel

Property Details

LOCATION
Prominently positioned, being one of the first retail premises as you enter the village from the south on the one way system and close to the village centre, making this a superb trading location with high levels of footfall. Ambleside attracts all year round visitor trade due to its stunning scenery and endless fell and country walks.

DESCRIPTION
An excellent leasehold opportunity to acquire a thriving and well established business. The prominent premises were completely re-modelled, modernised, and refitted in recent years by the present tenants, creating an immaculately presented property which includes a highly versatile licensed coffee shop spanning approximately 1650 square feet, along with two en suite letting bedrooms. In addition there is a highly desirable two bedroom, two bathroom owner’s apartment.

This superb business attracts a delightful combination of both visitor and local trade throughout the year. A versatile property with an attractive and immaculately presented coffee bar which has an excellent seating area for approximately 44 covers, substantial counter, kitchen and prep room. The accommodation above could be a four bedroom apartment or even have two rooms for staff accommodation. Potentially it could also be rented separately. Presently the two letting bedrooms have a healthy occupancy rate of 65%. The property also has the benefit of a late license giving the opportunity to further expand the business if required.

The Business
Presently open 6 days per week and trades 10 ½ months a year.
Opening hours 8.30 – 16.30 (Mon-Sat), 9.30 – 16.00 (Sun).
With a take-away and alcohol license.
Healthy accounts which will be made available to genuine interested parties.

ACCOMMODATION
Accommodation
Vestibule leading into:

Coffee Bar Dining Area
25’9 x 16’10 (7.9m x 5.1m)/17’5 x 14’5 (7.9m x 4.4m)
A bright and attractively presented area with two substantial feature bay windows. Seating for at least 44 covers, with flexible tables and scope for additional tables and chairs. Presently housing a popular ice cream parlour. A slightly raised and substantial counter allowing full view of the premises with coffee machine, till, ice machine, sink, and glass washer. Separate male and female toilets including baby changing room.

Kitchen
12’9 x 10’11 (3.9m x 3.3m)
Immaculately presented including fully fitted stainless steel work tops to four sides, comprehensive selection of appliances comprising of grill, ovens, fryers, microwave, and extractor hood etc. Internal door leads to:

Preparation Room
17’5 x 12’11 (3.9m x 3.3m)
Excellent room providing a highly useful area, with stainless steel work surfaces along two walls. Three sink units and additional wash hand basin. Wall mounted boiler. Fire escape.

Apartment Accommodation
Accessed via rear external door leading to internal staircase.

First Floor
Split level landing with vestibule and cupboard, with plumbing for a washing machine and dryer. Leading to:

Guest Bedroom One
15’ x 14’2 (4.6m x 4.3m)
An attractive and spacious double, dual aspect room with terrific views towards St. Mary’s Church and Loughrigg Fell. TV/Sky point and sofa area with feature high ceiling. Leading though to:

En Suite
Spacious three piece suite comprising of corner shower cubicle, WC, and pedestal wash hand basin. Partially wall tiled, with heated towel rail, electric wall mounted mirror/light, extractor fan, and laminated floor.
From the split level landing two steps lead up to:

Guest Bedroom Two
12’2 x 10’5 (3.7m x 3.2m)
A spacious double bedroom with a TV/sky point and delightful views towards St Mary’s Church and Loughrigg beyond.

En Suite
Three piece suite comprising of a double shower cubicle, WC, and pedestal wash hand basin. Partially wall tiled with laminated floor, heated towel rail, extractor fan, and electric light/mirror.

Private Internal Front Door
Into hallway which leads through to:

Living/Kitchen Diner
17’10 x 14’6 (5.4m x 3.9m)
A contemporary open plan room with a selection of wall and base kitchen units with a stainless steel sink and mixer tap, and attractive views towards Wansfell Pike. Complete with integrated fridge and freezer, electric cooker point, extractor hood, and loft hatch. TV/Sky point.

Private Front Bedroom One
13’2 x 10’4 (4.0m x 3.1m)
A spacious double room with a pleasant view towards the top of Wansfell Pike. TV/Sky point.

En Suite
Comprising of shower cubicle, pedestal wash hand basin, and WC. Partially wall tiled with laminated floor, heated towel rail, and extractor fan.

Private Rear Bedroom Two
11’4 x 10’11 (3.4m x 3.3m)
A good sized double room with a cupboard housing the fuse box and electric meter.

Shower Room
A spacious three piece suite comprising of corner shower cubicle, WC, and wash hand basin. Part wall tiled with extractor fan and laminated floor.

Outside
Parking for one/ two vehicles.

SERVICES
Services
All mains services are connected. The flat has gas central heating. The commercial element has electric heater/air-conditioning system. The electrics are separated. WIFI and CCTV system.

TERMS
Tenure
Leasehold. A 25 year lease from 2014 on FRI Terms at a rent of £32,500 per annum. 5 year RR.

OUTGOINGS
Council Tax Band (Accommodation)
D

Rateable Value (Cafe)
£28,250. Actual amount payable £14,040.25.

Ambleside Office
Ambleside
Ambleside Office
Loughrigg Villa
Kelsick Road
Ambleside
Cumbria
LA22 0BZ

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