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Restaurant and Deli with Bar

Price:
Freehold - £255,000
Seller Ref:
COM479
Location:

Isle of Wight , Shanklin

Business Type:

Food Service Businesses, Retail businesses

See Other:
Restaurants for sale in Isle of Wight
Delicatessens for sale in Isle of Wight
Food service businesses for sale in Isle of Wight
Retail businesses for sale in Isle of Wight
Description:
THE BUSINESS:
24 cover restaurant with a further 12 covers in the bar area. Deli just off the restaurant selling home made cakes, pies and sandwiches and offering a range of savoury goods, eggs, jams, honey etc. The deli area could easily be converted to provide extra covers for the restaurant.

The restaurant has stripped wooden floors and widows all round. Bar area with range of soft seating. Bar offering range of spirits and bottled beer, full on license 11am to 1pm. Ladies and Gents WC.

Commercial kitchen with cooking, preparation and washing up areas with range of commercial catering equipment (a full inventory will be provided). Dry store, walk in fridge. Equipment room with glass washer and ice maker.

Stairs up to flexible owner’s accommodation which also has a private access from Clarendon Road. The accommodation is currently arranged to suit the present owner’s needs but would provide 2/3 bedroom accommodation with kitchen, bathroom and lounge/ diner. Bathroom with whirlpool bath with power shower over, WC and wash hand basin.

There is a private patio area with a kitchen off with range of fitted units. Private access to Clarendon Road.
New boiler and pressurised water system.

THE BUSINESS
The restaurant and deli are being offered as a trading enterprise. There is scope to alter and extend the business to suit a new owners needs. Trading figures will be made available to bona fide applicants.

UBR £6,800. We are informed by the owners that after transitional rate relief and small business relief £198 are payable for the year 2011/2012.
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