Frankie's was previously a conservative club and is located in a handsome two storey terraced property, under a pitched slate roof. The property is centrally located on the high street, with off street parking directly in front of the building.
- Asking Price:
- £15,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Location:
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Frankie's is situated on the main high street in Cullompton, a historic market town situated in the county of Devon, located off junction 28 of the M5 motorway. Cullompton is a thriving town and sits on the edge of beautiful rolling Devon countryside in close proximity to the conurbations of Tiverton, Wellington and Honiton. Frankie's in approximately 13 miles from the city of Exeter and 19 miles to Taunton.
- Premises Details:
-
The accommodation briefly comprises:-
Main ground floor trading area
Recently refurbished and rewired. Attractive open plan trading space with 70 covers and centrally positioned bar servery to the rear. 4 Flat screen TV's (Sky Sports & BT Sports) and seating at quality upholstered chairs with circular timber tables. Ceiling mounted air conditioning unit. Further section with 2 wall mounted dart boards and seating continuing in the same style with long upholstered bench seating to far wall. Through to:-Bar servery
Timber topped and illuminated, under counter frontage back bar fittings and optics, electronic cash register, 2 bottle fridges and draft beer font. Glass washer.Ground floor temperature controlled beer cellar
With new python system and CCTV system.Ladies & gents wc's
upstairs
Small kitchen
With gas cooker, twin deep fat fryer, fridge freezer and griddle.Store room
(Could possibly be converted into a bedroom for over night stays for an owner).Snooker room
With stunning hand carved snooker table, which is reputed to be over 135 years old. 5 wall mounted dart boards, 2 pool tables, various prints, wall mounted TV and WC.General information
The business
Frankie's is a popular sports bar having previously traded as the conservative club.
The premises benefits from a late licence (2am) and currently trades 5pm-11pm Tuesday to Friday and 11am-12pm on Saturdays, being closed on Sundays. Frankie's is a dedicated sports bar with the emphasis on snooker and pool. Frankie's has a strong following and is popular with all types of sport, being able to show Sky & BT Sports on the five flat screen TV's.The business is run very much to suit the owner at present, with huge potential to grow the trade and extend opening hours. Further trading figure will be provided to Bona Fide interested parties following a formal viewing through the Sole Selling Agents, Bettesworths.
Rates
2023 List: £8,000. Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority.Tenure – leasehold
The property is being offered on a new FRI lease at a guide rent of £12,000 per annum (Free of Tie). Term of lease and further details to be negotiated.Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.Stock
wet and dry stock in trade and bar glassware will be taken over by the purchaser at valuation on the day of completion.Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
