Business for sale

Business description

This charming and intimate restaurant housed within an 18th century grade ii listed building also offers excellent en-suite accommodation commanding pride of place within the picturesque town of market bosworth.

Situated on the market square with an excellent reputation for quality food offerings, this wonderful and rare freehouse restaurant is now offered at a most realistic asking price of £595,000 freehold to include fixtures and fittings, goodwill plus s.a.v.

*Sales of over £300k Inc VAT y/e June ‘07 – circa £50,000+ recon net profits.

*Supreme and quaint ground floor Dining (28) with similar first floor Dining/Function room (20) and two outdoor tables (8) in the summer months.

*3 well appointed en-suite double bedrooms to let each adorned with periodic furniture, TV & Telephone, Coffee making facilities and tiled bathrooms.

*A huge reputation for quality food offerings with local businesses and guest diners with a licensed bar in the dining area.

*Well appointed double bed roomed owners accommodation with market square parking or additional new parking within 5 minutes walk.

*Freehold providing an ideal private purchase where quality of lifestyle and location are of utmost importance, investment or corporate buy.

LOCATION (CV13 OLE)
Market Bosworth is a small, attractive and historically interesting town with a population of just over 2,000. The town centre is a conservation area with many old buildings surrounding the Market Place. There are a number of shops, pubs and restaurants, three churches and three schools.

Close by is the site of the famous Battle of Bosworth, fought in 1485, with its Visitor Centre and walks with information boards giving details of the Battle. Also other places of interest are the Ashby Canal, the Water Park and The Country Park; all within walking distance of the town centre. A short drive to Shackerstone takes the visitor to the Shackerstone Steam Railway Line with a regular service between Shackerstone and Shenton; Shenton being within the Battlefield site.

Other places of interest include Twycross Zoo (4 miles) set in 50 acres of parkland, the zoo is home to 1000+ animals most of which are endangered species. Donington le Heath Manor House (6 miles) – step back in time and experience how people really lived in Medieval, Tudor and Stuart Times.

The Restaurant is ideally situated close to the motorway networks (M69, M6, M42 and M1) 20 minutes drive from East Midlands Airport, and only 35 minutes drive from the N.E.C and Birmingham International Airport.

PROPERTY DESCRIPTION
This picturesque 18th century property is set unopposed and occupies a corner position at the heart of this quintessential town and has been superbly well maintained by the current family owners.

The lovely property with welcoming atmosphere is of sand brick construction under a pitched tiled roof.

Dining area (28) situated on the ground floor comprising white linen topped tables with silver service place settings, surrounded by finely upholstered dark wooden square lined chairs. The area is divided by an archway that leads to dining tables surrounding the brass canopied brick faced fire offering a warm and very friendly atmosphere. The white walls are lined with tastefully decorative mirrors and pictures, with overhead beamed ceilings and carpeted flooring.

Dining/function room (20) on the second floor offers a similarly furnished area facilitating private functions or additional dining to meet customer demand.

The licensed bar servery has a white panelled bar face with polished timber top offering a full range of draft and bottled beers, wines and spirits.
Toilets on the ground and first floors are tiled and furbished to a very high standard. Beer cellar is deep set with good access. Catering kitchen is fully equipped to a high standard with commercial units.

LETTING GUEST BEDROOMS
Very popular with major local businesses offering excellent accommodation at very affordable prices.
One first floor and two second floor en-suite guest rooms are all period refurbished to a very high standard with double beds in each. All different and all inspiring.

OWNERS/STAFF ACCOMMODATION
An additional double bed room with en-suite facilities on the 2nd floor offers accommodation and office space at present with an option to convert this to a fourth letting room.

EXTERNALS
Softleys Restaurant is a Grade II Listed Building dating back to 1794.
In the summer there are 2 small table & chairs set on the frontage amongst the plethora of hanging baskets that adorn the front of the brick faced building.

PREMISES LICENSES
We are advised that, the premises license allows for 11.00 – 24.00 all week and the business currently trades 12.00 – 14.00 Tues-Sun, 19.00 – 22.00 Tues-Sat , Closed all day Monday and Sunday evenings.

A personal license will be required and our training associates can assist with this for you.

TENURE
We are instructed to offer the property and business for sale as COMPLETELY FREEHOLD.

SERVICES
We are advised that business, domestic and water rates payable are £6,147 per annum and the inn benefits from mains electric, gas, water and sewage.

THE BUSINESS
The business is family owned by two brothers and has been run by one with additional staff for the last 6 years. Due to other business interests and time commitments they are now looking to sell this family concern.

The Restaurant serve only the finest locally sourced produce for the full range of menus offered.
We have the last 2 year accounts with June ‘07 due shortly with sales consistently over £300k inc. vat

This is a fantastic opportunity to maintain and develop the true potential of a wonderful place to live & work.

Accounts information will be made available to interested parties after viewing.

Ref: W4362F