15 Century Licensed Restaurant in Gloucestershire For Sale

Sought after main road trading position, NORTH GLOUCESTERSHIRE TOWN, edge of the Cotswolds.

Price £625,000

Features

Most Attractive 15th Century Freehold Licensed Restaurant & Tearooms

CLOSED 2024 DUE TO ILL HEALTH
ESTABLISED 2004
TURN-KEY READY
5 STAR HYGIENE RATING

Fully equipped GRADE II LISTED PREMISES in the region of 500 ft² when trading was catering for breakfasts, lunches, snacks, morning coffees and afternoon teas with Hanging lights, central heating, carpeted (heavy duty) floor, sales counter, cash register.

Tables and chairs providing seating for 32 People.

Kitchen with Electric & Gas Cooker, Oven, 4 commercial microwave, microwave oven, grill, dishwasher, preparation worktops.

Cold Preparation room with 3 fridges, freezer, slicer, etc

Court yard with seating for 12 people with Ladies' & gentlemen's toilets

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner when trading the turnover was in the region of £1,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 2 part time staff.

Trading Hours

4 Day week
FRIDAY - MONDAY 10am - 4pm

Accommodation

The attractive living accommodation, with a wealth of OAK BEAMS and FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor -

Large Lounge - 26ft x 14ft approx. with brick fireplace, gas coal effect fire, attractive beamed ceiling and beamed uprights.
Bedroom - 10ft x 10ft approx. with beamed ceiling and uprights
Bathroom with bath, shower over bath, w.c. and wash hand basin (new suite approx. 2 years ago)

Second Floor -

Bedroom 14ft x 13ft with beamed ceiling and beamed uprights
Additional bedroom 12ft x 8ft with beamed ceiling

In addition there is a separate staircase at rear to an additional double bedroom with shower and wash hand basin (was used as a guest room)

Outside

Rear Court yard garden

Tenure

FREEHOLD.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS OFFERS OVER £625,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 437,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote