Suffolk Market Town Restaurant With Accommodation For Sale

Business description

Centrally located in historic market town
Popular restaurant with bar, function room
Owners living accommodation over property
Currently operated below VAT threshold
Genuine scope to further establish business
Ideal first time purchase would suit couple

Property information

Property:

Freehold

Living accommodation:

Located on the first floor and comprising double bedroom, shower room with WC.

Location:

Fronting a main junction, The restaurant sits within a commanding central location in the heart of this historic market town,
situated in mid Suffolk within easy driving distance of the A140 and B1117. Approximate distances are Ipswich 21 miles, Norwich 23 Miles and Diss 6 miles.

Premises details:

An imposing Georgian fronted town property with accommodation on the ground and first floors. There is an enclosed courtyard garden at the rear and ample free public parking to the front and a further car park at the rear.
The property has been well maintained and is presented in good order. The property has been extended to provide additional storage space. The restaurant is one of the most prominent buildings in the town.
Main entrance leading into the reception.
Bar – with servery, wine fridge and glass washer.
Restaurant – divided into 2 sections at either end of the bar, the restaurant currently provides seating for 24 customers. The restaurant provides original features such as high ceilings and fireplace.
Inner lobby – located at the rear of the property with ladies WC.
First Floor:
Gentlemen’s WC.
Private function room – with large table and fitted base cupboards.

Business Operation

Reasons for selling:

Genuine Retirement Sale

Employees:

Run by our clients as a partnership with one being the chef, the business also has 4 part time staff.

Years established:

5