Well Established Converted Station Restaurant With Carriage Bar And Coffee Carriage | | Northampton Northamptonshire | | NORTHAMPTONSHIRE Converted Station Restaurant with Carriage Bar and Coffee Carriage Superb location between the villages of Whiston, Grendon and Earls Barton Beautifully Restored and Refurbished Premises - 120 Covers Freehold - £450,000 REF 0017 AV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71746
ADVERT IMPRESSIONS : 5,949 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £450000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | REF: 0017 AV
WELL ESTABLISHED CONVERTED STATION RESTAURANT WITH
CARRIAGE BAR AND COFFEE CARRIAGE
BEAUTIFULLY RESTORED AND REFURBISHED PREMISES 120 COVERS
LOCATION
Superb location between the villages of Whiston, Grendon and Earls Barton.
The business is a short distance off the A45 Junction 10 and is approximately 15 minutes drive
from Northampton town centre and 10 minutes from Wellingborough town centre.
Nearby villages and market towns include Billing, Castle Ashby, Olney and Milton Keynes.
HISTORY
Established for over 28 years.
REASON FOR SALE
Vendor wishes to retire.
FREEHOLD: £450,000 + SAV
CUSTOMERS
Circa 1000 customers per month
(average figure over the past 4 year
period).
STAFF
Full time staff members 3.
Part time staff members 18.
TRADING HOURS
6.30pm 12am (Tue Sat).
12pm 4.30pm (Sunday)
FINANCIALS
2011:
o Turnover £319,651,
o Gross Profit £72,747,
o Net Profit - £21,759.
2010:
o Turnover £364,638,
o Gross Profit £98,790,
o Net Profit - £50,667.
2009:
o Turnover £383,763,
o Gross Profit £104,129,
o Net Profit - £43,776.
2008:
o Turnover £372,688,
o Gross Profit £130,713,
o Net Profit - £68,782.
OVERHEADS
Staff £130,000 pa
Electricity £7,500 pa
PREMISES
The restaurant is built around the old
good sheds of Castle Ashby Station in
the heart of the countryside.
The restaurant has central heating
from Calor Gas.
Two large car parks for circa 60 cars
and gardens with benches and views
over the countryside.
Upon entering the restaurant into the
reception area you enter an open-plan
trading area and can view what is a
very impressive restaurant premises
with exposed beams, vaulted ceilings,
exposed detached brick work.
The restaurant is arranged over the
ground and mezzanine floors offering
over 120 covers uniquely and
attractively presented.
The bar is situated in one of the
railway carriages on the ground floor
and offering 30 seats and an adjoining
carriage of 40 seats used as a coffee
carriage.
There is a private dinning area for the
bar carriage for 20 covers.
The garden area can be accessed from
both carriages and can seat circa 40.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
ACCOMMODATION
The vendor is willing to discuss the sale of a Bungalow that sits in the plot of restaurant and is
in very good condition. It includes 3 bedrooms, lounge, kitchen, dinning room, bathrooms,
patio area, laundry and storage area. Offers in the region of £230,000 will be considered.
The Bungalow is not a part of the business sale price of £450,000.
EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
Stock valued at circa £2,500.
Well equipped commercial kitchen with cold food preparation area.
Walk in fridge.
Separate washing up area with dishwasher and chefs office.
SCOPE
Increase sales by opening 7 days a week for lunch and dinner.
Premises could be converted into a day nursery.
TENURE
Business and freehold property for sale.
An Energy Performance Certificate is available for the premises.
VIEWINGS:
A non disclosure agreement will have to be signed and returned prior to any further
information and viewing. | | | | | | FOR SALE | | | | | REFERENCE: | 0017 AV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
