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Reference H7825

Hotel and Restaurant for sale in Newmarket

Hotel and Restaurant for sale in Newmarket
Buy a Hotel and Restaurant in Newmarket Sell a Hotel and Restaurant in Newmarket

Location

Sought after country area, outskirts of SUFFOLK

Features

Detached Licensed Hotel & Restaurant

Standing in owns grounds of approximately 5 acres and adjoining a Golf Course

The Restaurant is trading as Indian cuisine, which could obviously be continued, however, in our opinion with the letting accommodation, the cuisine has potential to be changed to possibly English or Italian.

Large tarmaced car park for approximately 50 cars

Front area with lawns plus large patio area with ample seating

FULL GAS FIRED CENTRAL HEATING (Calor Gas)

Entrance to SPACIOUS RESTAURANT including LARGE CONSERVATORY, fully carpeted, ceiling lighting. 4 air conditioning units. Tables & chairs providing seating for 65/70 persons.

LARGE LOUNGE BAR fully carpeted. Large air conditioning unit. Open fireplace with wood burning stove. Quality tables, armchairs plus chairs providing seating for 20 persons. BAR with attractive front, 10 hand pumps, 1 double door glass fronted counter fridge, glasswasher, sink.

FUNCTION ROOM fully carpeted. Tables & chairs providing seating for 50 persons plus adjoining BUFFET ROOM carpeted. Tables & chairs provding seating for a further 20 persons.

Fully tiled gentlemen's cloakroom with 2 urinals, w.c. 2 wash hand basins
Ladies' cloakroom with 2 w.c's, 2 quality wash basins, dressing table

LARGE KITCHEN with quarry tiled floor. The equipment includes Tandoori oven, 8-burner Chester cooker, 4 stainless steel tables, large gas single burner, plate hot cupboard, 2 fridges, upright double door stainless steel deep freeze, 2 chest deep freezes, double sink and drainer, wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages in the region of 2,000/2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is potential for an alternative type of cuisine, possibly English or Italian.

Accommodation

FIRST FLOOR 6 LETTING BEDROOMS COMPRISING:

2 Double Bedrooms each with en suite bathroom with bath, w.c. and wash hand basin
4 Additional Double Bedrooms each with en suite shower room with shower, w.c. and wash hand basin

Storeroom
1 office (could be converted into an additional bedroom)
Cloakroom with w.c.

ADDITIONAL LETTING BEDROOMS in the form of a Chalet block comprising:

6 Double Bedrooms each with en suite bathroom, with bath, w.c. and wash hand basin. All with electric central heating.

Price

OFFERS INVITED TO INCLUDE THE VALUABLE LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS 130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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