Spacious Freehold Licensed Restaurant Plus CafÉ | | Undisclosed Hampshire | | Outstanding opportunity to acquire a Freehold Property with a front Café area seating for 28 plus spacious rear Restaurant providing seating for an additional 60 persons. We understand the property was probably built in approx. 1900, however the front section was all refurbished and modernised to a very high standard in approx. 1990 and we understand the rear Restaurant was an extension in 1955 with an extension over the Restaurant in approx. 1979. This old established business has been in the same family for the past 66 years and there are genuine reasons for sale. Attractive Front Patio area with low wall, 3 tables plus bench seating for 18 persons (could be increased). Entrance to Double Fronted Café 18ft 3 x 17ft 9 with ceramic tiled floor, tables and chairs providing seating for 26 persons. Attractive servery with facing brick bar and varnished hardwood top. Large centre ceiling fan. The bar has an electric cash register, 2 glass fronted drinks fridges and cold storage cabinets etc. Louvre doors to still room 14ft 3 x 12ft approx. ceramic tiled floor, fully tiled walls, deep stainless steel sink unit with drainer, chest deep freeze etc. Adjoining kitchen approx. 14ft 9 x 14ft with quarry tiled floor. 6-burner gas cooker, 3 Valentine deep fryers, 1 new potato peeler, 1 large stainless steel table, 2 commercial microwave ovens, 1 upright fridge, 1 chest deep freeze etc. Staff and owners' access to rear main restaurant (the customer's have access to the main restaurant from the front of the property with a side entrance adjacent to the front café). The spacious main restaurant is approx. 36ft x 15ft with ceramic tiled floor, tables and chairs providing seating for 60 persons. Built-in fitted servery/bar area, shelving, upright glass fronted drinks fridge, electronic cash register. To the rear of the restaurant are sliding doors to spacious storage room 'L' shaped with overall dimensions of 19ft 9 x 15ft 9. Marley style tiled thermoplastic floor, good sized storage cupboards and shelving. Walk-in coldroom with walk-in deep freeze at rear. Access to double garage at rear approx. 21ft x 15ft with new electrically operated garage door. | | ADVERT NUMBER : 16273
ADVERT IMPRESSIONS : 36,521 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £495000 | | | | | BUSINESS DETAILS: | Location Situated end of terrace, busy road, sought after HAMPSHIRE. Sought after position on the edge of the New ForestOpening Hours At present -
Monday - Saturday inclusive - 8 a.m. - 2 p.m.
NO SUNDAY TRADING
We understand the present owners close the business for approx. 10 days in the month of July for holiday. The business is also closed for 4 days at Christmas, all bank holidays and for 2 weeks holiday in February.Turnover WE ARE INFORMED the turnover currently averages 1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 66% approx. We are further advised that the sales year ending 31st March, 2006 showed 71,605 with a gross profit of 43,823.Tenure Uniform Business Rates: 1,000 p.a. approx. (after small business relief) + water rates
AS STATED THE BUSINESS HAS BEEN IN THE SAME FAMILY FOR THE PAST 66 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATEDPrice OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of 495,000 plus STOCK AT VALUATION (2,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation The spacious living accommodation, all in VERY GOOD CONDITION, fully DOUBLE GLAZED, fully CARPETED and all recently re-decorated comprises:
First Floor -
Spacious Lounge/Dining Room approx. 25ft 6 x 18ft (maximum)
Glazed sliding doors to large Sun Lounge 14ft 6 x 14ft 6 approx.
Spacious Kitchen/Breakfast room approx 14ft x 13ft newly fitted approx. 2 years ago at a cost of approx. 13,000. Fitted units including 4-burner gas hob, electric oven, fitted dishwasher, built in fridge and deep freeze, attractive fitted breakfast table
Study
Bedroom 1 - 18ft x 14ft 3 approx. fully fitted wardrobes
Large Bathroom, cast iron panel bath with mixer taps and shower attachment, vanity unit with inset bowl in tiled surround, fully tiled shower cubicle with sliding doors, bidet, low flush w.c.
From the landing is a stairway to the second floor comprising -
Bedroom 2 - 17ft x 13ft approx. with built-in wardrobes
Bedroom 3 - 13ft 6 x 8ft 9 with fitted wardrobe cupboards
Large cloakroom with ceramic tiled floor, low flush w.c. and vanity unit (in our opinion there is space to install a shower unit in this cloakroom, if desired)Outside Large first floor patio area at rear.Staff The business is at present operated by a husband and wife team with 6 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
