01392 201262 www.stonesmith.co.uk

Suite B, Castle View Barns, Woodmanton, Exeter, Devon, EX5 1HQ Tel: 01392 201262

Email: info@stonesmith.co.uk Web: www.stonesmith.co.uk

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particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given

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any representation or warranty whatever in relation to this property. The word "property" throughout shall include business and trade contents if appropriate.

BLOSTIN’S RESTAURANT

29-33 WATERLOO ROAD, SHEPTON MALLET, SOMERSET BA4 5HH

FREEHOLD: £390.000 REF: 2074

High quality and extremely well regarded licensed restaurant, recently refurbished and

presented to an exceptionally high standard throughout with particularly impressive

and spacious 4/5 bedroom owner’s accommodation. Consistent levels of trade and

profits from deliberately restricted opening hours and for sale for the first time in 33

years. An outstanding catering opportunity with flexible family sized accommodation

which must be viewed in order to be fully appreciated.

THE PROPERTY

Blostin’s Restaurant is an extremely well regarded

quality licensed restaurant and bistro with a reputation

as one of Somerset’s best restaurants. With an

impressive and flexible 4/5 bedroom owner’s

apartment, the property would be suitable for two

families and the business has recently been refurbished

and is presented to an exceptionally high standard

throughout, having benefited from considerable

investment and expenditure by our clients during their

35 years of ownership. This is a unique opportunity to

purchase a profitable and highly desirable catering

business with spacious family sized accommodation.

Formerly four cottages, the property has been re-

roofed and re-wired and offers potential for incoming

operators to build on the successful reputation of the

existing business or to develop their own style of trade

to suit their own personal requirements and take

advantage of the well equipped restaurant premises.

The property briefly comprises:- Bar Area (12); two

interconnecting Dining Rooms comfortably seating 45

customers; fully equipped Commercial Catering Kitchen

with ancillary and welfare facilities; extremely well

presented and spacious family sized Owners

Accommodation with Lounge and open plan Dining

Room on the ground floor, 4/5 Bedrooms, 2 Bathrooms

and a further Sitting Room, all on the first floor.

Externally, there is an attractive walled Patio Garden

Area to the rear with a useful outbuilding.

SITUATION

Blostin’s Restaurant is situated close to the centre of the

historic town of Shepton Mallet. Shepton Mallet is a

market town located 18 miles south of Bristol, nestling

in the Mendips. It is the closest town to the Glastonbury

Festival site and the Bath & West Showground, which

hosts many large events throughout the year. The town

is often referred to as the “Gateway to the Mendips”

which is a popular tourist destination in its own right.

Nearby are many visitor attractions, National Trust

properties and places of interest including Kilver Court

Gardens, Bishops Palace at Wells, Wookey Hole Caves

and Cheddar Gorge. The cities of Wells, Bath and Bristol

are all less than an hours drive from the property.

INTERNAL DETAILS

Main customer entrance door to the front leading into

Bar Area an attractive and welcoming room presented

to a high standard in comfortable surroundings with

carpeted flooring, wall mounted menu boards,

attractive feature gas “Living Flame” stove fireplace with

brick surround, range of low stools, pew style seating,

low tables and window seating for around 12

customers. Feature Bar Servery Area with 2 glass

fronted bottle fridges, display shelving and optics. Main

Dining Room leading directly from the bar area, again

an attractive room presented to a high standard with

carpeted flooring, ceiling fan, feature wine racking,

range of free standing bistro style tables and

upholstered chairs comfortably seating 30 customers.

Small Dining Room a continuation in style, theme and

ambience and can also be used for private parties or

private dining with carpeted flooring, ceiling fan, with

free standing wooden bistro style tables, upholstered

wooden chairs and fixed settle seating comfortably for

15 customers. Commercial Kitchen with fully tiled walls

and fitted with a comprehensive range of commercial

catering equipment to include:- extractor system with

stainless steel canopy over, 6-burner gas range,

warming cabinet, range of stainless steel workbenches

with shelving below, deep fat fryer, 2 electric halogen

hotplates, stainless steel hand basin, deep bowl

stainless steel sink unit, worksurfaces, 3 under counter

fridges, convection oven, 2 commercial microwave

ovens and wall shelving. Preparation Area with Altro

flooring, fully tiled walls, stainless steel sink unit,

worksurfaces, 2 under counter fridges, under counter

freezer, upright fridge, storage shelving and stainless

steel racked shelving. Wash Up Area with tiled flooring

and walls, commercial glasswasher, commercial

dishwasher, ice machine, washing machine, deep bowl

stainless steel sink unit, worksurfaces, wall shelving and

2 doors to outside rear. Ladies & Gents WCs on the

first floor.

PRIVATE ACCOMMODATION

Situated on the first floor is the extremely well

presented and spacious family sized owner’s

accommodation which can be completely self-

contained if so desired with private entrance door to

front leading into open plan lounge and dining room.

Lounge Area with tiled flooring, aspect to front, feature

“Living Flame” gas effect stove, stairs to first floor, open

plan through into Dining Area with tiled flooring and

French doors leading to rear patio area. First Floor

Second Lounge Area with aspect to the front.

Bedroom 1 a good sized master bedroom with aspect

to the front. Bedroom 2 a good sized double bedroom

with aspect to the front. Bedroom 3 a good sized

single bedroom with aspect to the rear. Family

Bathroom with white bathroom suite and separate

shower cubicle. Bedroom 4 a good sized double

bedroom with aspect to the front. Office/Bedroom 5

currently used as an office but with potential for a

single bedroom with aspect to the front. Second

Family Bathroom with modern white suite.

Please note: The fittings, equipment and services listed have not

been tested by the agents, although we are informed that all

items are in working order.

EXTERNAL DETAILS

To the rear of the property is an attractive Enclosed

Walled Patio Terrace Area with pedestrian access to

the side which is currently used as a private garden area

although it offers potential to create an al fresco

dining/seating area for customers if so desired. Bottle

& Freezer Store with 4 upright fridges, upright freezer,

chest freezer, tumble dryer, wine racking and shelved

storage. Directly to the front of the restaurant is

unrestricted roadside parking.

THE BUSINESS

Blostin’s Restaurant trades as a quality 45 cover

licensed restaurant which is offered for sale for the first

time in 35 years of continuous ownership. This well

regarded business boasts an excellent reputation and

currently offers a menu which reflects the best quality

seasonal local produce that the area has to offer. Our

clients source all of the produce locally with all the food

freshly cooked to order with dining in a comfortable

and relaxed atmosphere. This attention to detail has

ensured that the business enjoys excellent levels of

repeat trade and there is an excellent local following,

not only from Shepton Mallet, but also the surrounding

towns and villages together with a seasonal boost from

tourists during the summer months. With retirement

pending, our clients have in recent years chosen to

deliberately restrict the opening hours in order to

operate the business on a lifestyle basis in order to give

them time off and holidays. The high quality and

standards inherent throughout all aspects of this

business have resulted in the business being rewarded

a Certificate of Excellence for TripAdvisor, rated No 1 in

Shepton Mallet and one of the top restaurants in

Somerset. The business has its own website

www.blostins.co.uk which provides a further overview of

the business, including menus. The business also

benefits from a 5 Star Food Hygiene rating. Our clients

have owned and run the business for 35 years, during

which time they have continually invested and

maintained the property to a high standard and

consequently the business and property are presented

in excellent order throughout. A viewing appointment is

essential in order to fully appreciate the high standards

inherent throughout all aspects of this business.

S615 Printed by Ravensworth 01670 713330

TRADING INFORMATION

Accounts show sales of £104,533 net of VAT and an

adjusted net profit in excess of £40,000 being achieved

from operating on the deliberately restricted hours. Full

detailed trading information can be made available to

interested parties following a formal viewing

appointment.

OPENING HOURS

Our clients have deliberately chosen to restrict the

opening hours of the business to just 4 evenings a

week, and the business trades from 7:00pm until close

Wednesday to Saturday and is closed all day on

Sunday, Monday and Tuesday. The business also closes

for between 3 and 4 weeks throughout the year for our

clients to take holidays.

CURRENT STAFFING

The business is run by our clients, a husband and wife

partnership, with the assistance of 2 part-time and up

to 6 casual members of staff, dependent upon levels of

trade.

POTENTIAL

The sale of Blostin’s Restaurant provides an excellent

opportunity to purchase a thriving, profitable and

extremely well regarded licensed restaurant business

with impressive and spacious family sized owner’s

accommodation. Our clients believe that there is

tremendous potential to increase the current trade

levels still further, particularly by increasing the opening

hours. Trade levels could also be further maximised for

instance, tables are not turned during the evening

sittings. There is also the potential for incoming

operators to develop their own style of cuisine and

trade in a manner to suit their own personal

requirements. The spacious and flexible owner’s

accommodation also presents opportunities for two

families or two generations of the same family to live

independently within the property. The sale of Blostin’s

Restaurant represents a rare opportunity to purchase a

quality restaurant business with spacious and flexible

owner’s accommodation, the like of which rarely comes

with a business of this nature. Coupled with this, is the

considerable time and money that has been spent

throughout the property giving new owners the ability

to move in and start trading without the need for any

major expenditure. The business also boasts impressive

levels of forward bookings and our clients are prepared

to offer a full handover and assistance to interested

parties, should they so require it.

EPC

D = 82. RATING

For up to date Business Rates and Council Tax

information relating to this property, we refer you to

The Valuation Office website www.voa.gov.uk.

SERVICES

All mains services are connected to the subject

property.

PRICE & TENURE

£390,000 for the valuable freehold interest as a going

concern business and full trade inventory. Wet and dry

stocks to be additional at valuation. Vacant possession

upon completion.

VIEWINGS

Strictly by appointment with the vendors Sole Selling

Agents.Tel:(01392)201262.Email:info@stonesmith.co.uk

You are recommended to contact us before visiting the

property even for an informal viewing. We can then

confirm whether or not it is still available.

FINANCE

An early discussion about finance can often save time

and disappointment. If you would like independent

specialist advice on funding this property or any other

purchase, we recommend you contact us for a list of

our approved brokers.