Well Established and Successful Restaurant, Ribble Valley Area, BB7

Quick Summary

Property ID
5495
For sale:
£495,000
To let:
£35,000 PA
Category:
Leisure, Miscellaneous
Area:
1789 sq ft
Location:
Ribble Valley

Property Files

Contact Agent


Property Description

DESCRIPTION

A detached property that has been converted and used as a restaurant for a number of years. The ground floor comprises a lounge bar with seating areas an inbuilt bar and wine cave. There are recently renewed male and female WC facilities together with a disabled toilet facility. In addition there are various stores used in association with the business.

The dining area is on the first floor and benefits from an attractive full height ceiling with beams and natural stone walling. This is a light and spacious dining area to the rear of which is a coffee preparation area and an open plan kitchen offering a wide range of in-built preparation services, ovens and full extraction equipment. A full list of equipment is available on request.

ACCOMMODATION

Ground Floor

Bar & seating area     44.3 sq.m    (476.7 sq.ft)

W.C’s cloakroom &

Stores                         35.2 sq.m     (379.1 sq.ft)

First Floor

Dining area               38.9 sq.m     (418.5 sq.ft)

Kitchen and prep

Area                           47.7 sq.m     (513.9 sq.ft)

Total gross internal

Area:                       166.1 sq.m (1,788.2 sq.ft)

BUSINESS

Trading since 2003 in a village on the A59. A prime position and finished to the highest of standards. It has an excellent national reputation and is for sale due to a change in the clients personal circumstances.

Turnover is over £400,000 averaging £8,000 sales per week and is highly profitable.

5 star rating and low utility bills with Biomass boiler and solar panels. Restaurant and wine bar – In and Off Alcohol Licence

Opening 6pm to 10 pm Monday to Wednesday.

Noon to 2.30 pm and 5 to 10 pm Thursday to Saturday. Noon to 10pm Sunday.

SERVICES RESPONSIBILITY

It is the prospective purchaser’s responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose

BUSINESS RATES

We are informed by the Valuation Office Agency Website that property has a Rateable Value of £8,600 per annum (2017/18). Small business rate relief may be available.

PRICE / RENT

£495,000 or an ingoing of £120,000 with a rent of £35,000 p.a.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred.

EPC

An Energy Performance Certificate is available upon request.

VAT

All prices quoted may be exclusive of but may be subject to VAT at the prevailing rate.

VIEWING

Petty Chartered Surveyors

Imperial Chambers, Manchester Road

Burnley, BB11 1HH

Tel. 01282 456677

commercial@petty.co.uk

www.pettycommercial.co.uk