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Established Restaurant In Hartley Wintney For Sale

Hartley Wintney, Hampshire, UK
Asking Price:
£200,000
Turnover:
£676,000
Net Profit:
Not applicable

Restaurant for Sale in Hartley Wintney, Hampshire. 3-Bed Flat. Large car park. Detached Property.

MAIN FEATURES

Detached Restaurant Property with Large Car Park
Fully Fitted Restaurant with High Standard décor
3-Bed Flat in Good Condition
80 Covers and 20 Outdoor Seating
Fully Functional & Spacious Kitchen
An alcohol license is in Place

LANDLORD’S REQUIREMENTS

Rent deposit subject to references
Personal Guarantor subject references
Proof of funds
Accountant’s references
Trade references

LEASE DETAILS

New 15-20-Year Lease (Inside the LTA 1954)
Rent: £55,000 PAX
Rent Review: Every 5 Years
Premium: $200,000 (Business, Lease and FF&E)

PREMISES

20-Car Park Space
Covers : Indoor: 80 | Outdoor: 20
Rateable Value: 15,500 (Maybe eligible for SBRR)
Benefits from Gas and Extraction
Alcohol Licence
Open for Lunch & Dinner. Sunday Closed
Mon-Sat (12 p.m.–2 p.m. & 6 p.m.–10 p.m.)

THE LOCATION

Hartley Wintney, Hampshire, RG27
affluent and Delightful Village known for its idyllic setting & historic charm
8 Miles from Camberley
12 Miles from Reading

TRADING

Gross Turnover: Circa £13,000 (£676,000/annum) (As per the seller.)
Excellent Owner’s Earnings
Currently, our client manages the restaurant with 8 staff

REASON FOR SALE

Retirement Sale

VIEWINGS AND CONFIDENTIALITY

All interested buyers must agree to a non-disclosure agreement with our company due to the “confidentiality” requested by the client. Viewings are strictly through restaurant property sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm; therefore, it is not to be relied upon as a statement of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give any representation or warranty whatsoever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

New 15-20 Years Lease (Inside the LTA 1954)
Rent: £55,000 PAX
Rent Review: Every 5 Years

Leasehold Rent:

£55,000 per annum