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viewing is only via appointment - Please register for free to see full location details
 

Sought after position, adjoiining a Railway Station, OXFORDSHIRE (Please register to make appointments and view addresses)

Large Car Park for 30 cars

Attractive Beer Garden with brickwork. Tables and chairs providing seating for 32 persons.

To the front of the Freehouse is a paved area with tables and bench seating for 20 persons.

Entrance to SINGLE BAR with woodstrip floor. Seating for 34 persons. Bar with hand pumps, 1 double door plus 1 single door glass fronted counter fridges. Darts area plus snooker table.

Adjoining SPACIOUS RESTAURANT, fully carpeted, wall and ceiling lighting. Quality tables and chairs providing seating for 74 persons. Bar.

Ladies/disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. urinal and wash hand basin
Additional Ladies' cloakroom with w.c. and wash hand basin

Large commercial kitchen with non-slip floor. The equipment includes Tandoori oven, 6-burner gas cooker, double sink and drainer, stainless steel double door fridge, 3-door stainless steel counter fridge, 3 fridges, 1 deep freeze, stainless steel work surfaces etc.

Storeroom
Staff cloakroom

FIRST FLOOR LETTING ACCOMMODATION COMPRISING:

4 Letting Bedrooms: 1 family bedroom with en suite bathroom with bath, w.c. and wash hand basin, 3 additional twin bedrooms with en suite bathroom with bath, w.c. and wash hand basin.

Staff accommodation comprising 2 large bedrooms, 1 with en suite shower room with shower, w.c. and wash hand basin
Staff kitchen

SECOND FLOOR

1 Twin Bedroom with en suite bathroom with bath, w.c. and wash hand basin
1 Family Bedroom (1 double, 1 single) with en suite bathroom with bath, w.c. and wash hand basin

Separate first floor section comprising 4 additional double letting bedrooms each with en suite shower room with shower, w.c. and wash hand basin

WE ARE INFORMED the turnover averages £7,000 p.w. Split of turnover: Wet sales in the region of £2,000 p.w. Restaurant in the region of £3,000 p.w. and the balance of £2,000 p.w. in respect of Bed & Breakfast.
It should be noted that the Restaurant is at present trading as Indian cuisine and in our opinion there is tremendous potential to change the cuisine to English or possibly Chinese. This Freehouse is situated in a wealthy catchment area and in our opinion has tremendous potential for further development in the right hands.

The business is at present staff operated. Staff employed 6 full time plus 3 part time staff. Wages paid in the region of £2,000 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Wet Sales - 12 noon - 11.30 p.m.
Restaurant area - 12 noon - 2 p.m. & 5 p.m. - 10 p.m. seven days per week

Large permanent structure marquee probably in the region of 4,000/5,000 sq. ft. Tables and chairs plus standing. Ample space for up to 250 persons. The marquee is ideal for functions, weddings, birthday parties etc.

Large Beer area
Large Patio area providing ample space for further seating
Large Car Park for 30 cars
Attractive Beer Garden in brickwork with tables and chairs for 32 persons

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease at a rental of £50,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £135,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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