Freehold Restaurant Opportunity

Price:

Freehold - £375,000

Seller Ref:

H3607

Location:

Hampshire , New Milton

Business Type:

Food Service Businesses

See Other:

Restaurants for sale in Hampshire
Food service businesses for sale in Hampshire

Description:

THE BUSINESS:

LOCATION
Free time limited parking within 30 yards. Old Milton Green and Playing Fields just over ½ mile. Cliff Top and Barton on Sea Golf Club within 1 mile. Christchurch approx. 6 miles. Bournemouth approx. 10½ miles.

FEATURES
Sought-after edge of New Forest restaurant opportunity. Presented to a very high standard throughout. Substantially improved in present ownership. Established local trade. Owners 2 bedroom accommodation. Attractive rear patio area. Rear parking for up to 6 cars.

SUMMARY OF ACCOMMODATION
Restaurant (52 covers). Kitchen. Cloakrooms. Owners Accommodation comprising Lounge, 2 Bedrooms and Bathroom.

TRADING & BUSINESS
The business is operated by the 2 owners, with the assistance of up to 3 part time members of staff as required. The premises currently trade day time hours only from 9.00am-3.00pm, 7 days a week. The owners who have operated the business for the past 6 years have a well established repeat local trade, including function business. In the year ending March 2011 we are informed that the turnover was approximately £114,000 excluding VAT. We have not had sight of accounting information to verify these figures.

Location Details:

Free time limited parking within 30 yards. Old Milton Green and Playing Fields just over ½ mile. Cliff Top and Barton on Sea Golf Club within 1 mile. Christchurch approx. 6 miles. Bournemouth approx. 10½ miles.

Accommodation:

Restaurant (52 covers). Kitchen. Cloakrooms. Owners Accommodation comprising Lounge, 2 Bedrooms and Bathroom.