Attractive Detached Licensed Restaurant & Bar (tied To A Brewery For Beers, Wines And Spirits).
Sought after trading position, residential area, busy road, close to University and Hospital OXFORDSHIRE.
R1233 / RightBiz
Fast Food Businesses, English Restaurants, Public Houses
Features : Tarmaced Car Park for 10/12 cars
GROUND FLOOR ATTRACTIVE BAR with stone tiled floor, ceiling lighting. Tables and chairs plus bar stools providing seating for 20 persons plus seating area for an additional 20 persons. Bar with 4 hand pumps, 3 counter fridges, sink, glass washer.
ADJOINING RESTAURANT AREA with wood strip floor, wall and ceiling lighting. Tables and chairs providing seating for 55 persons.
Level kitchen, fully equipped including 6-burner gas cooker, hot stone oven with 30 rocks, grill, single deep fryer, 1 stainless steel counter fridge, 1 upright deep freeze, 2 fridges, double sink and drainer, stainless steel work surfaces etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin plus an additional set of ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Basement with office, storeroom plus beer cellar
Location : Sought after trading position, residential area, busy road, close to University and Hospital OXFORDSHIRE.
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a current rental of £26,000 p.a. exclusive of rates, with rent revisions.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge with kitchen area
Outside : Attractive garden with lawn plus decking area with patio doors to restaurant. The decking area has 7 tables and 28 chairs (can be increased)
Staff : The business is at present operated by 1 of the partners with the assistance of his wife plus additional part time staff.
THIS BUSINESS IS NOW SOLD OR WITHDRAWN FROM THE MARKET
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