Restaurants for sale in Ashby-de-la-Zouch

View the "AFFLUENT EAST MIDLANDS MARKET TOWN PREMISES SUITED TO BRANDED LICENSED RESTAURANT ETC" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Freehold Price: £499,000
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Business Description
416 s/q m over 4 floors
Market Street frontage
Charming period property of great charm
P.Ps for part change of use to tea rooms/ food retail (2006)In principle change of use to A3 Restaurant (2013)
Town renowned for “ladies who lunch”
Owners 2 bedroomed accommodation
The unusual name of Ashby de la Zouch is derived from the Breton nobleman, who inherited the estate through marriage in the 12th century. Ashby developed into a Spa town in the 19th century, it has a long wide main street, with fine Elizabethan half-timbered houses and delightful bow fronted Georgian shops, Regency “Gentlemen’s” houses line its side streets. The town is renowned for its fine old 12th Century Norman Castle which was the subject of the novel by Sir Walter Scott “Ivanhoe”, it also has a delightful 15th Century Church of St Helens and the towns Grammar School was founded in 1576. The town has undergone a period of significant growth with the opening up of the region following the construction of the Nottingham/Birmingham link of the M42/A42 with Major International Airports located at Nottingham East Midlands and Birmingham International. Major employers are attracted to the town inc Tesco (undergoing major extensions) and Ashfield Healthcare along with a high concentration of Hi-Tec business’s. Major high street restaurant and licensed leisure brands including “Ask”, “Weatherspoons”  “Costa Coffee” “Subway” “M & B” have each opened outlets in the town. Willesley Park Golf Course attracts keen golfers from all over the region and the Ancient Charter Statues Fair, sits on the towns Market Street each September for 5 days. Ashby is at the heart of the new National Forest and is within the district of North West Leicestershire which boasts a GDP of 57% from tourism and leisure, a figure which is expected to rise to 77% this year. The property sits on Market Street at # 71 with the upper Market Street Zebra Crossing immediately to its front and the two busiest pubs in the two flanking it (Bulls Head – Stonegate Pub Co) and sitting opposite (White Hart –Marston’s). The Ashby branch of Subway also sits adjacent and the business is flanked by numerous ethnic restaurants and takeaways.
This is a three storey building built of brick under a roofing of mixed slate and tile over three levels with additional basement. Constructed circa 1800 as a gentleman’s dwelling house with vehicle access for loading and unloading to its rear. Presently the use of the premises is defined as A1 with an attractive period frontage to the Northern side of Market Street with licensed retail outlets , restaurants, convenience stores and sits opposite the former Town Hall which now trades as a well established 7 day market. The building has granted in July 2006 permissions for change of use of the existing cellar to a tea room. Then in 2013 written indication from NWL District Council that the Ground Floor would be given permissions for use as a Restaurant.
Floor areas include;
Cellar - 60 sq/m
Ground Floor -115 sq/m ,
First Floor- 126 sq/m ,
Second Floor - 115 sq/m
The property is currently used as a specialist retail shop and sewing school and our client is relocating the sewing school and some retail on a commercial park.
Prior to its current use the premises were used by a firm of solicitors.
The rear of the building is divided to provide a self contained two bedroomed flat which is let out ( on an Assured Shorthold Tenancy - VP will be provided)
There is a rear yard with vehicular right of way.
We are instructed to offer the property as a Freehold Premises.
We are advised that the business benefits from all mains connected with central heating by way of gas.
Originally the professional office of Blakemoors Solicitors, our clients purchased the freehold during 2004 and have been trading as a specialist fabric retail outlet and School of Sewing. Therefore trading accounts are of no relevance. The property is located in such an area that would lend itself to Branded Restaurant / Food operators.
Our finance associates will be pleased to advise and assist in the purchase of this outstanding business.
The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208.
Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.
Tenure: Freehold

Listed by: GA Select
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