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Reference R9191

Restaurant & Pub in Cambridgeshire For Sale

Restaurant & Pub in Cambridgeshire For Sale
Restaurant & Pub in Cambridgeshire For Sale Buy a Restaurant & Pub in Cambridgeshire For Sale

Register to see map and to make an appointment Busy road, approximately city centre of CAMBRIDGESHIRE

Turnover 2,000
Price 185,000

Features

Detached Country Licensed Restaurant / Freehouse

LARGE CAR PARK FOR 50/60 CARS

Entrance to RESTAURANT/BAR. FULL GAS FIRED CENTRAL HEATING. Bar with draft beer, touchscreen till, 12 high stools. SPACIOUS RESTAURANT AREA with laminated strip floor, ceiling & wall lighting. 2 air conditioning/heating units. Tables & chairs providing seating for 40 persons (can be increased to accommodate 60 persons).

NEWLY FITTED KITCHEN with tiled floor, stainless steel extractor system, solid top gas cooker with oven, Blue Seal gas oven, double deep fryer, griddle, commercial dishwasher, double sink & drainer, walk-in coldroom, 1 3-door stainless steel counter fridge, 1 4-door stainless steel counter fridge, 1 chest deep freezer etc.

Ladies' cloakroom with 2 w.c's, 3 wash hand basins plus shower unit
Gentlemen's cloakrooms with 3 urinals, w.c. 2 wash hand basins

Laundry room with 2 washing machines, 2 tumble dryers

Turnover

THE BUSINESS is at present operated on a low key basis & in our opinion offers terrific potential for development in the right hands. We are informed the overall turnover at present is in the region of 2,000 p.w. including the letting accommodation which is at present let on a room only basis at a charge of 160 p.w. per person. In the event of the double room being occupied by 2 persons the charge is at present 200 p.w. providing a total rental income at the present time of 1,400 p.w. which is obviously included I the overall turnover.

Staff

The business is at present operated by a lady vendor with the assistance of her daughter plus staff when required.

Trading Hours

The restaurant is at present operated on Wednesday & Thursday evening (subject to bookings only).
Friday & Saturday from 12 noon - 10 p.m.
Sunday opening - 12 noon - 6 p.m.

Accommodation

The accommodation situated to the rear comprises a separate block of 8 Double Bedrooms all with en suite shower room with shower, w.c. & wash hand basin plus fitted kitchen area with the exception of the disabled bedroom which also has an en suite shower with shower, w.c. & wash hand basin but no kitchenette.

The vendor's private accommodation is situated on the first floor & comprises:

3 Bedrooms (2 large double bedrooms, 1 single bedroom)
Shower room with shower, w.c. & wash hand basin

Outside

Garden

Tenure

We understand the entire property is held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental of 52,000 p.a. exclusive of rates.

Uniform Business Rates: 8,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 92,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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