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Restaurant in Stratford-upon-Avon - lease for sale
Restaurant in Stratford-upon-Avon - lease for sale
175,000
(to include all furniture, equipment, fixtures, fittings and stock)
Business Description
The restaurant occupies a property which is circa 16th century with five areas put to use for the service of food and beverages, over two floors.
Lounge Bar (with open fire) - 25 covers.
Main restaurant - 42 -70 covers.
Patio (enclosed) - 14 covers
Private dining room - 48 covers
Further room upstairs - 48 covers
The property has a large walled garden to the rear with potential for business use, subject to the necessary permissions.
Outside space provides a coal shed, a laundry room a wooden 'garden' shed and a brick-built barbeque.
A further floor would provide potential owners accommodation.
Turnover: in excess of 300,000
Trade mix: Local a' la carte/table d'hote/corporate/banqueting (40%)
 Overseas & UK tourism (tour companies) (60%)
Property Information
Property: Leasehold
Lease terms: Fifteen year lease with 14 years remaining
Leasehold rent: 26,000 per annum
Living accommodation: Potential / part adapted 4th floor
Location: Prime location, in the centre of Stratford-upon-Avon
Premises details: 1st, 2nd and 3rd floors with rear garden (down stairs)
Planning consent: A3 consent
Business Operation
Expansion potential: As a grade II listed building there is no scope for expansion of the property.
Little marketing has been carried out recently but it is believed there is ample opportunity for expansion of the business.
Competition/Market: There are many eateries in Stratford-upon-Avon. Pubs, cafes, tearooms, coffee shops and restaurants. The main strength of this business is the diverse customer base and the ability to cater for large groups.
Reasons for selling: Retirement
Trading hours: Monday - Friday 12.00-2.30pm & 5.45pm-11pm
Saturday 12-3.00pm & 5.45 - 11pm
Sunday 12.00-300pm
Employees: 16
Years established: 20 years + (Current owners, since 2003)

For full details please contact:  

The vendors : 07812 573112

Email: trudi@quinsolve.co.uk