Fully Equipped (A3) Restaurant Located In Stratford Upon Avon

Stratford Upon Avon
£19,950
Business ID:
#2647
£19,950
  • Ref: 2647
  • Type: Restaurants
  • Availability: Sold
  • Veritas Categories: Catering, - Cafe, - Coffee Shop, - Restaurants, Takeaways
  • Business ID: 2647
  • Commercial Tenure: Leasehold
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Property Features

  • Town Centre Location
  • Fully Fitted Restaurant
  • Licensed
  • Could be a Cafe/Coffee Shop

Full Details

Fully Equipped (A3) Restaurant Located In Stratford Upon Avon
5* Food Hygiene
Licenced
Ref 2647

Location
This delightful Restaurant is located within a prominent and highly visible trading position on Greenhill Street which is just yards away from heart of Stratford Upon Avon town centre. Nearby you have the new £40 million Arden Quarter development of stylish apartments and homes bringing even higher levels of footfall to the area. 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.

Asking Price: £19,950 plus vat

Leasehold
Original term: 10 years
Remaining: 5 years
Reviewed: yearly (API)
Break clause: year 5
Rent: £18,874.12
Business Rates: zero

Business Description
Veritas Business sales are privileged to offer to the market this well appointment Licenced Restaurant which is located in the highly desirable town of Stratford Upon Avon. The property has been a restaurant of some kind dating back to the 1930’s and is now being offered for sale due to other business commitments.
What’s on offer is a fully fitted restaurant to include all the fixtures & fittings. The restaurant previously turned over circa £300,000 per annum but no accounting information will be provided. A restriction in the lease dictates that the premises cannot be used as a fish & chip shop or a Chinese/Indian takeaway. The freehold may be available which includes rental flats above.
We believe that this location under the right ownership can reproduce strong turnover figures again. This is a superb opportunity to acquire a restaurant which is ready to trade. Alternatively a purchaser could turn this back into a café and trade daytime which it has done previously. Early viewing is highly recommended.

Previous Opening Times
Tuesday – Thursday – 5:00pm – 11:00pm
Friday & Saturday – 12:00pm – 11:00pm
Sunday – 5:00pm – 11:00pm

Ground Floor
Restaurant comprising: tables & chairs to cover (40), condiments/cutlery chest, bar area with 2 x 2 door bottle fridges, stainless steel wash basin, glass washer (Class EQ), cash register (Olivetti), espresso coffee machine (Expobar) and coffee grinder (Iberital).
Ladies/Disabled W/C, wash basin and wall mounted paper towel holder.
Gents W/C with wash basin and wall mounted paper towel holder.
Commercial kitchen comprising: serving hatch/pas with heat lights, stainless steel work top, stainless steel wash basin, stainless steel sink, pizza oven (Fage), pizza topping saladette with marble top and 2 door under counter fridge, 3 door under counter fridge with stainless steel work top, stainless steel work top with storage shelves, deep fat fryer, 6 burner range (Lincat), extraction canopy, 2 x stainless steel fridges, chest freezer, 6 x wall mounted metal storage shelves, 2 door larder fridge (polar), wash up area with stainless steel sink drainer, dishwasher, boiler and various wall mounted shelves.

External
Rear yard area with wooden storage shed and bin area.
Frontage with seating for (4) and disabled access to restaurant.

The restaurant benefits from UPVC double glazing, overhead electric blower heater, gas fired central heating, air conditioning/hot air blower and music system (iPod connection)

EPC Rating E