Licensed 52 Seater Bistro Restaurant In Devon For Sale

Business description

The premises comprise of a lock-up ground floor licensed restaurant operating from an L shaped retail area of approximately 590 sq ft in addition to which there are fully fitted and equipped kitchens as well as lobby and cloakroom facilities. The business is now available due to our client's decision to take early retirement.

The business offers a range of lunches, snacks, coffee's, soft drinks, wines and locally sourced food as well as a good a la carte menu in the evening with seafood being the speciality. The business has an excellent reputation locally and attracts customers from the local community and will see an uplift during the summer months with the tourists.

Property information

Property:

Leasehold

Lease terms:

The premises are offered on the basis of a 10 year lease from the 1st April 2007 until the 31st March 2017. The current rent payable is £10,560 per annum and the rent review is every 5 years. An incoming purchaser will need to provide the Landlord the usual Bank and Trade References for landlord's approval.

Leasehold rent:

£10,560 per annum

Location:

The Cross Tree Shopping Centre is located close to the Village centre in Braunton in the main Northern route out of the Village to Caen Street and the busy shopping thoroughfare with a range of retail shops and hairdressers.

The village of Braunton is easily accessed from Barnstaple which is approximately 4 miles to the South off the A361.

Premises details:

The premises comprise of a lock-up ground floor licensed restaurant operating from an L shaped retail area of approximately 590 sq ft in addition to which there are fully fitted and equipped kitchens as well as lobby and cloakroom facilities. The premises have 2 entrance doors and one can be reached from the precinct centre the other from the main road. The premises will be offered comprehensively furnished and equipped as a going concern subject to trade inventory excluding those items of a personal nature.

Business Operation

Trading hours:

The business operates as a licensed restaurant opening 6 days a week (closed on Sunday) opening hours are Monday - Saturday 10am until 2.30pm and Tuesday - Saturday in the evening 7pm until late evening.

Employees:

Operated by a husband and wife team, their daughter and two part-time staff.