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Michelin Guide Hotel and Restaurant in East Midlands Up for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/02/24

  • Advert ID

    607541

  • Reference

    B07858 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £999,999
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Restaurant & Hotel For Sale

Business
Please quote reference B07858

CoGoGo are delighted to welcome to the market a highly rated hotel and restaurant.

This opportunity was established in 2015 by our client and has since continued to bring success to the business.

The business now comes to the open market due to our clients desire to retire.

A well known Michelin Guide restaurant serving contemporary English cuisine, with an influence of many international cuisines, using fresh locally sourced produce and top quality wines, seating 14 guests in each dining room.

Their meats and vegetables are sourced locally, the fish comes from renewable sources and from the British shores whenever feasible. Their choice of wines are based on the recommendation of a sommelier to offer choices from the old world and a couple from the new world that would further enhance their delicious dishes.

The menu there is influenced by the traditional Mediterranean and international cuisine, with a strong focus on sustainability. The restaurant proudly uses UK produce wherever possible, including fresh fish from British shores.

As well as trading as a successful restaurant they have a 2 bedroom house and a 4 room hotel within the building.

Assets included;

  • Fully furnished commercial kitchen (2x separate washing area)
  • 2x cookers (4x gas hobs each) / Electric Oven
  • Working area with 4 under working top fridges
  • 2x double fridges / 2x freezers
  • 3x under working fridges in the plating and dessert area
  • 7x under working top fridges / 1 x freezer
  • Commercial coffee maker
  • Shelving hosting glassware / separate shelving displaying alcohol
  • Bespoke table and chairs (8 to 10 covers)


Location
This opportunity is based in the East Midlands.



Premises
You can access the premises using the front door between the 2 large bay windows fronting the 2 sides of the semi-detached premises, followed by a walk path you can see a 2x2 meter gazebo offering shade to 10 covers. With its own entrance on the right hand side of the building gives access to the 4 luxury guest rooms above the restaurant area and a further 2 bedroom house at the back of the premises.

The Restaurant:

  • Commercial Kitchen 
  • Drinks making room (2.2 x 2.3 meters)
  • 3x dining rooms (4.6 x 3 meters & 4.6 x 4.5 meters & 5 x 3.5 meters)
  • Drinks stocking room 1.2 x 5.5 meters)
  • 2x toilets
  • Orangery (L shaped 2.5 x10 meters plus 2.5 x 2.5 meters)
The Hotel:

  • All 4 rooms have king sized beds
  • Flat screen TV's
  • Seating & Desk Area
  • Coffee and Tea making facility
  • Private restrooms with a walk in shower, Heated radiator, underfloor heating, bidet
  • Office houses shelves with beddings, working desk, filing cabinets, separate room with boiler & stock room
The House:

  • 2x bedroom with a sizeable garden area
  • Fully Gutted
  • New Floorboards
  • Top quality carpet
  • New Kitchen 
  • Design radiators
  • New tiles with underfloor heating
 



Tenure
We are advised this business is being sold on a Freehold Basis.



Hours
The current trading hours are:

Monday & Tuesday - Closed

Wednesday to Friday - 6:00am to 9:00pm

Saturday - 12:00pm to 1:30pm & 6:00am to 9:00pm

Sunday - 12:00pm to 2:30pm

 



Staff
We are advised the business is run and managed by our clients with the help of 8 staff members.



Financial Profile
Full financials can be made available upon further request.



Read more

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Well Established Restaurant & Hotel For Sale - B07858 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.