Country In with Brasserie & 5 Letting Rooms For Sale

Business description

COUNTRY INN WITH BRASSERIE & 5 LETTING ROOMS
All letting rooms en-suite
Sought after village location in the Wharfe Valley
Situated at the edge of the Yorkshire Dales National Park
Turnover £406,598 & highly profitable
80% turnover from food sales (48 covers)
Enviable reputation and high levels of repeat custom
Superbly presented and appointed throughout
Spacious 1 bedroom owners' accommodation
Recently refurbished to a very high standard
Walk-in trading opportunity
LEASEHOLD



Business History

Meridian Business Sales are delighted to offer for sale this highly regarded brasserie which has been under the careful ownership of our clients for the past 3 years and is only now reluctantly being offered to the market due to pending retirement. In March 2006 the bar & dining area were upgraded providing the modern atmosphere associated with a bar and brasserie yet retaining the charm of the country pub image. The dark stone walls, woodwork and carpeting have been replaced by light coloured plastered walls, ambient lighting and four different floor finishes. The 5 letting rooms have also been refurbished in the last year to a very high standard. All are en-suite, centrally heated and have TV and tea and coffee facilities. The business is noted for its choice of fine cask conditioned beers such as 'Black Sheep' and Timothy Taylor's 'Landlord'. Additionally, the business stocks a selection of other quality beers and largers and a wide selection of wines from all the major wine growing regions of the world. Our client has spent most of his life in the catering industry and food is the speciality of the business. The new menu has a light Mediterranean influence all prepared from the best fresh ingredients. There is also a bar menu with traditional bar meals and sandwiches and a speciality chalk board featuring seasonal dishes and a wide choice of fish dishes from both the East & West coasts. The business is operated by our clients who employ a full time head chef, two full time second chefs, one full time bar staff, one full time waiting staff, one part time waiting staff, two part time kitchen porters, one part time cleaner and one part time chamber maid which results in a wage bill of £92,794. We are of the opinion that this wage bill could be greatly reduced by an owner/chef which would help improve profitability. Viewing is highly recommended and internal inspection a must to fully appreciate the quality of this outstanding opportunity.



Accommodation

A large detached stone built property some 200 years old, under a slate roof with large rear car park, briefly comprising:

LOWER GROUND FLOOR - Beer cellar with food store and secure wines and spirit store room including ice machine and chest freezer.
GROUND FLOOR - Entrance lobby through to reception, lounge with bar - tiled floor and spot lighted ceiling, bench style seating around perimeter, timber bar servery behind which is 3 x glass fronted display chillers, wine display chiller, Stafco coffee machine, glass washer, electric till, 15 points of dispense.
Main restaurant area with timber floor covering, approximately 48 covers, individual tables with high backed chairs and part fixed bench style seating.
Coffee lounge area with comfortable seating and wall mounted flat screen TV.
Kitchen, commercially fitted mainly in stainless steel including: 2 x stainless steel sink units, dishwasher, 6 burner gas oven, flat top oven, double fat fryer, 6 filter overhead extraction canopy, eye level grill, 5 x microwaves, 2 x upright fridges, larder fridge & larder freezer, serving hatch with built in hot cupboard.
Ladies & gents WC
FIRST FLOOR - 3 double guest rooms with en-suites
2 twin guest rooms with en-suites
Owners accommodation with lounge, kitchen, bedroom and bathroom.
EXTERNAL - To the front of the premises is an outside seating area with 2 large parasols and 9 tables. To the rear is a large car park.

Property information

Property:

Leasehold

Lease terms:

Leasehold - Punch Taverns, original legnth 10 years, remaining 8 years, review 5 years, rent £54,120.31 pa

Location:

The business is situated in the picturesque village of Addingham, nestled in the Wharfe Valley on the edge of the Yorkshire Dales National Park, which is one of the most beautiful natural areas in the UK. Addingham is located on the A65, the major road from Leeds to the Dales and the Lake District. It is less than 20 minutes Northwest of Leeds and Bradford and 8 miles East from the market town of Skipton and only 3 miles West of Ilkley.

Contact the seller