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Attractive & Spacious Freehold Detached Freehouse & Restaurant

Undisclosed Hampshire
Sought after position, residential area SURREY/HAMPSHIRE BORDERS

ADVERT NUMBER : 56289
ADVERT IMPRESSIONS : 26,980 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

FREEHOLD:

£925000
 

BUSINESS DETAILS:

Features : Tarmaced Car Park for approx. 50 cars

Large side paved patio area with tables and chairs providing seating for 70 persons.

Full Gas Fired Central Heating

Attractive entrance to SPACIOUS BAR with oak strip floor. Long bar with 12 hand pumps, 6 double door glass fronted counter fridges, computerised system with 2 tills, glasswasher, ice machine, automatic coffee machine (on lease agreement approx. 1 year to go and then owned. Please note the leasing agreement is to be taken over). Tables, chairs plus settees providing seating for 60 persons.

MAIN RESTAURANT AREA fully carpeted, wall and ceiling lighting. Tables and chairs providing seating for 50 persons.

ADDITIONAL SEPARATE RESTAURANT AREA with attractive oak strip floor plus partly carpeted, wall and ceiling lighting. Air conditioning unit. Tables and chairs providing seating for 40 persons.

Ladies' cloakroom with 2 w.c's, 2 wash hand basins
Disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. 3 urinals, 4 wash hand basins

Additional toilets adjoining the main restaurant area comprising ladies' cloakroom with w.c. and wash hand basin. Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin

Spacious large commercial kitchen with non-slip floor superbly equipped with stainless steel equipment including stainless steel extractor, 2 deep fryers, charcoal grill, large griddle, 6-burner gas cooker with double oven, 2-burner gas unit, Ratinoal turbo fan assisted oven, 4 commercial microwave ovens, 2 salamanders, 2 6-drawer stainless steel counter fridges, 1 3-door stainless steel counter fridge, 1 2-door stainless steel counter fridge.

Wash-up area with Winter Holter commercial dishwasher, double sink and drainer, stainless steel table, additional double sink and drainer.

Additional section with 1 fridge, 1 small fridge, chest deep freeze, spacious walk-in coldroom with deep freeze section etc.

Location : Sought after position, residential area SURREY/HAMPSHIRE BORDERS

Opening Hours : BAR
Monday - Saturday inclusive - 12 noon - 11 p.m. (with the exception of Friday when the bar remains open until midnight)
Sunday opening - 12 noon - 10.30 p.m.

RESTAURANT OPENING HOURS
Monday - Thursday inclusive - lunch time - 12 noon - 2 p.m.
Friday & Saturday - 12 noon - 2.30 p.m.
Evenings - Monday - Thursday inclusive - 6 p.m. - 9 p.m. (last orders)
Friday & Saturday - 6 p.m. - 9.30 p.m. (last orders)
Sunday - 12 noon - 8 p.m.

Turnover : WE ARE INFORMED the turnover currently averages £15,000 p.w. inclusive of VAT in our opinion offering tremendous potential for further increase in the right hands. Gross profit 67% approx. (We understand the split of turnover is in the region of £8,000 p.w. in respect of catering with the balance of £7,000 p.w. in respect of wet sales).

Tenure : Uniform Business Rates: £17,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOLD FREEHOUSE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS IN THIS SOUGHT AFTER LOCALITY ON THE SURREH/HAMPSHIRE BORDERS.

PESONALLY INSPECTED AND HIGHLY RECOMMENDED

Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £925,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation situated on the first floor with FULL GAS FIERD CENTRAL HEATING, is at present used by staff and comprises:

4 Double Bedrooms (1 with en suite bathroom with bath, w.c. and wash hand basin)
Additional bathroom with bath, w.c. and wash hand basin
Kitchen with fitted units

Outside : Walk-in coldroom. Shed (used for storage and cleaning materials). Additional shed with quality ice maker, 2 washing machines, tumble dryer, chest deep freeze. In addition there is a chemical store.

Large tarmaced car park for approx. 50 cars plus spacious attractive side paved patio area with tables and chairs for 70 persons.

Staff : The business is at present operated by the vendor on a part time basis and is mainly staff operated. Staff employed. Front of house 1 full time bar manager, 1 restaurant manager, 1 full time restaurant supervisor, 2 full time waitresses, 2 part time waitresses. Kitchen area - 5 full time chefs plus 1 full time kitchen porter and 1 part time kitchen porter.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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