Freehold Restaurant/Bar Est. 25years For Sale

Business description

Bag a Business Ltd are delighted to offer to the market this excellent freehold restaurant, which was established by our client 17 years ago. It is now offered for sale due to his wish to retire. The Fen Lodge is a 36-cover restaurant providing good food, which could be extended with planning permission to 80 covers. The business is currently being run on very limited hours due to the owners other business interests, and only trades for 45 weeks a year. At present opening times have been restricted to Saturday evenings and Sunday lunch times. Obviously the extension of both weekend and weekday hours would dramatically increase trade.
At present there is no need to advertise as the Fen Lodge is too busy during its limited openings. The business currently enjoys a turnover in the region of between £600 and £800 per week and benefits from a full alcohol licence. The restaurant is family run and stock at cost is in the region of £2,000. The property benefits from an alarm and is fully double-glazed.

Property information

Property:

Freehold

Living accommodation:

A delightful detached in a prominent location. Briefly comprising: Ground Floor • Spacious fully fitted commercial kitchen • Utility room. • Well presented 36-cover restaurant • Fully stocked bar with additional seating for 24. • Ladies and gents W/Cs. First Floor • Tastefully decorated living accommodation. • Bathroom & shower. • 3 Double bedrooms, 1 en suite. • Large lounge. External • Car parking for 30 vehicles to front of premises. • Secure car parking for 3 vehicles to rear. • Storage container • Garage • Extensive gardens to rear and side of property.

Location:

The Fen Lodge Restaurant and fully licensed bar is in a pleasant location in a good residential village area facing the main road.

There is ample free car parking and good road links via the A1 and A47.

Wisbech is a town located in the county of Cambridgeshire. It can be found along the route of the River Nene. Within a few miles outside of Wisbech are 2 neighbouring counties – Norfolk & Lincolnshire.

The major roads leading to & from Wisbech are the A47 & the A1101. These roads link Wisbech to other towns & cities nearby, Such as Kings Lynn, Peterborough, March & Chatteris