Bistro business opportunity in Looe

The Ancient Mariner Bistro is a well-regarded licensed bistro which is currently trading evenings only and on restricted hours, but it has potential.

Situated in the heart of East Looe, an attractive riverside town on Cornwall’s south coast, the business is located on one of the main thoroughfares within the town leading to the beach. The resident population is approximately 5,000 which is boosted considerably by visitors to the town throughout the year and particularly during the peak summer months. Looe also draws trade from the many nearby coastal villages, hamlets and towns, being situated within approximately 20 minutes’ drive of the A30 trunk road, within easy reach of Plymouth and the M5 motorway network beyond. Looe must be one of the most photographed harboursides in the West Country and an active fishing industry still operates from the harbour, off which there is a maze of streets with  shopping facilities leading to East Looe’s fine sandy beach.

 

The intimate, 24 seat restaurant specialises in local fish and seafood with a menu which offers fresh fish, meat and poultry, reflecting the best local produce that Cornwall has to offer.  The produce is sourced locally with all of the food freshly cooked to order, attention to detail which has ensured that the business enjoys excellent levels of regular trade and an impressive local following, together with a seasonal boost during the busy holiday months. The business has been refurbished  since January 2015. The business has its own website www.ancientmarinerslooe.com which provides further background and information. The sale of The Ancient Mariner Bistro offers potential for incoming operators to build on the existing levels of trade and develop the style of trade to suit their own requirements and to take advantage of this highly desirable catering business in a highly sought-after Cornish coastal town.

 

The leasehold business is on the market for £59,950.  Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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