8919NG LEICESTERSHIRE F\H£1300000 RESTAURANRESTAURANT / WINE BAR, & BISTRO
Asking Price: GBP
1300000
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| Description: |
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LOCATION
Our client is conveniently located in an extremely upmarket South East Nottinghamshire village, that
abounds with Georgian, Victorian and older buildings as well as tastefully built more modern properties.
The village supports 2 churches, a post office, antique shop and a traditional butcher as well as three
public houses.
Although it is off the main ‘A’ road, the route through the village is very well used and our client’s
restaurant is on a highly visible bend in the middle of the village.
The village is situated close to the A1.
ASKING PRICE:
FREEHOLD: £1,300,000 + SAV
THE HE BUSINESS
Advent Business Sales are pleased to offer to
the market this superb, extremely well
established restaurant with attached wine
bar and bistro, which has been trading very
successfully for the past nine years.
The current vendor was the instigator of this
well ordered business and is reluctantly
selling due to other pressing challenges in his
family life.
The original building was the village
butchers and slaughterhouse and much of the
fabric and essence of this building has been
kept and developed upon in a most
sympathetic and outstanding manner.
Needless to say, fixtures and fittings
throughout the business, including the nonpublic
areas are to the very highest
standards.
On offer is a very comprehensive wine list,
simple bistro fare and snacks in the wine bar
with a comprehensive menu in the two
restaurant dining rooms.
There is a well thought out and executed
decked patio and a room above the wine bar,
which is let out as a private dining room on
occasions. Indeed this is booked even now
for Christmas day.
The restaurant limits itself to 2 sittings on
Christmas Day and Mother’s Day.
Generally the customer base extends to about
a 15 mile radius as well as local. The
business offers outside catering for
wedding’s and special family occasions.
There is a large car park to the corner of the
building.
The business has two bars and one central
kitchen, both superbly equipped.
Above the business is a 2 bed flat, again
decorated and fitted out to the same very
high standards.
4 full time employees, 16 – 18 part timers
(accordingly to requirements) and the owner
staff the business.
BUSINESS PREMISES
There are two entrances from the car park.
The rear entrance is gained through the
decked patio area. This leads to a
passageway containing ladies, gents and
disabled toilets, as well as housekeeping
rooms.
Wine bar/bistro with bar and seating for
10+ barstools, with feature imitation wood
burning stove
Stairway leading to the upstairs lounge,
which seats a further 16 people.
Original beams and features exist, giving
this a comfortable rustic feel.
Two further lounges, both upper and lower
fitted out with soft body hugging easy chairs
and settees.
Main restaurant/ bar, with 26 covers,
Original dining room, with beamed ceiling
and 30-34 covers..
To the rear of the bar is the wine store and
coffee still room with icemaker and two door
wine fridge.
This is also a passageway leading towards
the wine bar.
Behind this, a fully equipped kitchen,
includes:
dishwasher, deep freeze for ice cream, large
two door fridge, griddle, falcon grill, cooker
with oven, 6 burner top with oven, deep fat
fryer & extractor hood.
Stainless steel tops and work surfaces, two
microwaves, a small convector oven, hot top
servery.
Access to the first floor is between the
restaurant bar and the still room and leads
to a beautifully fitted kitchen/dining area,
Large main lounge,
main bedroom with ensuite
sitting room/study, storage cupboard,
single bedroom,
bath room with shower, w/c, airing
cupboard and washing machine and tumble
dryer.
TENURE: Freehold
We are advised that the annual business
rates are currently: £3,187 |
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| Financial Information: |
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| Annual gross sales: (GBP) |
469414 |
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Yearly Revenue: (GBP)
Total yearly sales revenue |
N/A |
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Net Profit: (GBP)
Total profit before taxes |
100017 |
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| General Information: |
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| Business Area: |
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| Year Established: |
1999 |
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Is Relocatable?:
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No |
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| Business closed or an asset sale : |
No |
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| Is Home based business?: |
No |
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| Real estate status: |
Yes |
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| Number of Employees: |
4FT\18PT |
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| No of trading hours: |
Tues-Sat: 11.30am – 3pm& 6pm – 11pm |
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Reasons for selling:
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selling due to other pressing challenges in his
family life. |
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Market competition and expansion:
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This business is realistically for a
restaurateur/head chef looking for their own
business. There is plenty of scope to push
lunch time in the restaurant and to reinstate
Sunday lunch, which used to
generate £100,000 per annum but became to
much for the present owners with their
family. |
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