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High Class Licensed Restaurant In Berkshire For Sale

Berkshire, UK
Asking Price:
£240,000
Turnover:
£728,000
Net Profit:
Available on request

Long established high class licensed restaurant -100 covers (circa 3,250sq.ft. - 302m2) - newly refurbished - highly profitable - genuine retirement sale - between maidenhead & reading - berkshire

Situated in a well sought after Village in the Royal County of Berkshire we offer for sale this long established, profitable 100 seater Licensed Restaurant. Fully equipped and newly refurbished. Twelve dedicated parking spaces. Serving a large and prosperous surrounding retail and commercial community.

The premises are held on a 21 year renewable lease ending October 2024. We are advised the current rent is £36,000 per annum exclusive of rates. This includes a Three Bed Flat above (currently used for staff accommodation subject to Landlord’s consent).

Large, Bright & Inviting Dining area (circa 100 seats). Fully Equipped Kitchen. Ladies / Gents / Disabled Cloakrooms.

Basement:- Office & Storage.

Flat:- Living Room. Three Bedrooms. Cloakroom. No sub-letting. Staff accommodation only and strictly subject to Landlord’s consent.

EPC Rating:- D-96 (expires August 2024).

We are advised that current Takings average around £14,000 per week with good levels of net profit.

We consider this a superb opportunity for an experienced operator with a proven track record in the Catering industry.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils, trade furnishings & equipment:- £240,000 Stock extra at valuation

Property Information

Property:

Leasehold

Energy Performance Rating:
D

Contact A H Lansley

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