Leasehold Free Of Tie Bar & Restaurant Located In Stratford Upon Avon Town Centre
Roof Terrace & 3 Bedroom Accommodation
This respected Bar & Restaurant is located in the heart of Stratford Upon Avon town centre. Situated within a prominent and highly visible trading location which produces high levels of footfall. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.
Offers Over: £39,950 plus SAV (5,000)
Veritas Business sales are privileged to offer to the market this delightful Bar & Restaurant which is located in the highly desirable town of Stratford Upon Avon. The property has been a Public House for over 20 years and has been in the careful hands of the current owners for the past 4 years and is reluctantly being offered for sale due to other business interests needing our clients attention. Since ownership they have refurbished and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new purchaser as additional funds will not need to spent for some time. The Corner house is overseen by the owner but operated day to day by a team of 3 full time and 5 part time members of staff. Turnover can be discussed on application and the trade split on wet to dry sales is approximately 50-50. We believe that this site would benefit from owner operators as historically the turnover has reached £15,000 per week. This is a superb opportunity to purchase a fully fitted Bar & Restaurant in a prime location and as such early viewing is highly recommended as this is not to be missed.
Tuesday – Sunday – midday – 11.00pm
Monday – closed
10.00am – 1.00am
Original term: 15 years
Remaining: 9 years
Reviewed: 5 yearly
Rent: £50,000 plus VAT pa
Business Rates: £30,000 payable (up for reduction review)
Bar & restaurant comprising: front vestibule entrance, open fire with feature fireplace, tables & chairs to cover (45), bar with 6 beer taps, 2 soft drink mixer guns & 1 hand pull, glass washer, 3 x double door drinks fridges, stainless steel sink, stainless steel wash basin, EPOS till system, espresso coffee machine (Fracino), coffee grinder, dishwasher, base units and wall mounted glass & spirits display shelving. Wash up area with stainless steel sink with jet spray, stainless steel wash basin, dishwasher, 2 x upright fridges, upright freezer, 2 x wall mounted shelves and access to the beer cellar. Rear lounge with tables & chairs to cover (17), glass roof and side & rear exit doors. Commercial kitchen comprising: heated pass/gantry, stainless steel work top with under counter fridges, marble worktop with under counter fridges, wall mounted stainless steel shelf, dual electric deep fat fryer (Lincat), dual electric deep fat fryer (Pitco), 6 burner range (Falcon), griddle (Lincat), stone pizza oven (Wood stone), dough mixer, convection oven (Rational), extraction canopy, stainless steel wash basin and wall mounted soap dispenser.
Ladies with 4 x W/C’s, 3 x wash basins and 2 x wall mounted hand dryers. Gents W/C with 2 x urinals, wash basin, wall mounted soap dispenser & hand dryer. Disabled W/C with wash basin. Cleaning stores. Office with CCTV monitor
Cellar (below ground) Fully equipped with the usual beer cooling equipment and an ice machine.
External Small rear yard with stairs to roof terrace.
Roof terrace with tables & chairs to cover (40) and gas BBQ. Flat Hallway Lounge Double bedroom 2 x single bedrooms Bathroom with bath, W/C and wash basin