Restaurant and Bar in Nottinghamshire For Sale

Detached property, The property is located in a prominent NOTTINGHAMSHIRE

Price £50,000 / £500,000

Features

Substantial Public House & Restaurant Plus Additional Takeaway

CAR PARK FOR 40 CARS

• Vacant, public house
• Circa 100 cover bar and restaurant
• Available with equipped kitchen and fixtures & fittings
• Prominent roadside position
• Extensive countryside views
• Large 0.75-acre site
• Ancillary takeaway unit with independent access and frontage

The property comprises a detached restaurant and bar, with ancillary takeaway unit, in a prominent roadside position, with extensive countryside views to the rear.

The original structure is of 2-storey Victorian traditional brick construction, beneath pitched slate roofs, with later single storey extension and glazed conservatory.

Bar / Restaurant

The main bar / restaurant area is fitted to a modern internal specification,
comprising open-plan dining / seating area, bar servery, conservatory dining area, reception and ancillary WC’s. Internal features include slate and wooden flooring, open fire place and ceiling mounted climate control units.

Kitchen

There is a fully-fitted kitchen to the rear of the bar servery, which also serves the adjoining takeaway unit.

The kitchen comprises commercial cooking equipment, food preparation area and cold stores.

The property benefits from a beer cellar, with internal access via the commercial kitchen, with an external barrel trap access door.

Takeaway Unit
Historically utilised as a fish and chip shop takeaway, the property benefits from an ancillary takeaway unit, with its own independent access and shop front. The unit comprises customer waiting area, sales counter and menu display. The unit is accessible directly from the customer car park.

Accommodation

Upper Floors
The first floor accommodation currently provides additional kitchen, food preparation area and cold stores, WC and shower room, storage and plant room.

Access to the upper floors is currently via a spiral staircase.

The first floor offers the potential for conversion to staff accommodation.

Outside

The property occupies a large 0.75-acre plot, including c. 40 space tarmacadam car park, beer garden seating area and detached garage.

The site offers potential for the provision of additional external seating to maximise the property’s position overlooking open countryside

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £42,000 p.a. + VAT for the first 4 years.

Business Rates from April 2024 £20,000 approx. (Please contact local authority to confirm)

Price

TO INCLUDE THE NEW, FIXTURES & FITTINGS £50,000 + VAT
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS OFFERS IN EXCESS OF £500,000 + VAT
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) £ 350,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote