| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,748 TIME(S)
BUSINESS REFERENCE : LR3063 / RightBiz TOWN CENTRE LICENSED RESTAURANT SALE DUE TO PENDING RETIREMENT | | | | | | Prime location in the centre of Pangbourne, Berkshire. Trades during the day Monday to Saturday, providing lights meals, snacks and lunches, plus Sunday morning for breakfast, brunch and lunch. | | | BUSINESS LOCATION: | Pangbourne Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SELLER: | Agent Sale | LEASEHOLD: | £65000 | ANNUAL RENT: | £12500 | | | | | | | | | | | BUSINESS DETAILS: | The business is in the centre of Pangbourne, Berkshire, the well known Thames-side town, where there is a wide assortment of retailers, bars, coffee shops, banks and offices - all tending to cater for the affluent population in this area.
The towns of Goring and Purley on Thames are nearby and the M4 motorway is about 2/3 miles to the south. The business also opens in the evenings from Wednesday to Saturday, the first two nights currently being very popular ‘ladies only’ evenings with fixed price menus.
Extensively furnished and equipped for the trade - the entire inventory is to be included in the sale (details provided later in this document).
Copy lease on file - secure and renewable, current term for ten years from 2001, copy accounts on file - adjusted net profit on latest accounts was £32,680.
The property was once bank premises, and it enjoys a prime town centre site. The premises are single storey, with the kitchen and customer toilets at the rear. When weather permits there are also tables and chairs for customers on the pavement immediately outside the premises.Currently successfully run by a two lady business partnership - one front of house, the other in the kitchen.
The menu provides for teas, coffees, soft drinks and snacks through light lunches into an excellent evening offering of modern British cuisine with annual gross weekly sales of between £3,000 and £3,500.
Leasehold business, copy lease on file. Ten year renewable term from 2001, rent £12,500 per annum. | | | | | CONTACT: | ASHLEY TATE LIMITED | | TELEPHONE: | 01234 831999 | | REFERENCE: | LR3063 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
