Business for sale

Business description

Location This business is located in Gloucestershire.


We are informed the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand approx. 20% of the turnover is in respect of catering with the balance of 80% in respect of wet sales). Gross profit 60% approx.

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS in the region of £1,000,000 plus STOCK AT VALUATION, subject to contract. SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features Outstanding opportunity to acquire a spacious Freehold Wine Bar & Restaurant in this excellent main road trading position and being situated in the centre of the COTSWOLDS.

We understand the premises have a Full On Licence with an extension to 12 midnight from Sunday through to Thursday evening with an extension to 1 a.m. Friday & Saturday.

The premises have been all modernized and have the benefit of Full Gas Fired Central Heating

Ground Floor - woodstrip floor, attractive high ceiling, 3 ceiling fans. Tables and chairs providing seating for 30 persons. Bar with 3 'T' bar pumps plus 1 hand pump, 2 double door glass fronted counter fridges, glass washer, 2 ice machines, sink.

Rear service area

Compact commercial kitchen with industrial non-slip floor, tiled walls. The equipment includes 6-burner gas cooker, double deep fryer, 2 fridges, 2 chest deep freezes, 2 upright deep freezes, double sink and drainer plus single sink and drainer, wash hand basin

Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin

Stairs to large basement providing a spacious function/disco room with support bar

Large beer cellar

Wine/Spirit Store

Additional store area

From the ground floor there are stairs to First Floor Function/Restaurant, carpeted. Tables and chairs providing seating for 35 persons.

Ladies' cloakroom with 3 w.c's, 2 wash hand basins

Separate additional cloakroom with w.c. and wash hand basin


Staff The business is at present operated by a husband and wife team with the assistance of 2 relatives plus 1 full time chef, 1 additional full time staff plus part time staff.


Accommodation Stairs to Second Floor providing a managers/owners flat, comprising:

1 Double Bedroom
Bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge
Small Kitchen

Additional accommodation with separate ground floor access comprises:

4 Bedrooms (3 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
2 Reception Rooms
Kitchen

This accommodation is at present let to students at £62 p.w. each for 42 weeks of the year providing at present a rental income of £13,020 p.a.


Outside Attractive enclosed Courtyard with tables and chairs for 25 persons.
Car parking used for private use for 7/8 cars
It will be appreciated upon inspection that there is space in the Courtyard area/car parking for the erection of a Marquee for functions, if desired.


Tenure Uniform Business Rates: £7,900 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R7552