This large leasehold property provides excellent restaurant facilities and 3 self contained flats which return a rental income. The premises are held on good lease and around 50% of the annual rent is covered by the rental income from the 3 flats. Premises briefly comprise: Spacious split level restaurant area with attractive flooring, bar area and 60 covers, first floor excellent function room with 30 covers and its own bar area, self contained one bedroom flat, second & third floor self contained flat. The business here has been in the present ownership for well over 20 years and achieves a very good turnover - would suit many styles of cooking. Taking £4,000 weekly plus rental income. Great potential here for a new, younger proprietor or partnership who can double or treble the existing turnover. Our client informs us that a new development of shops and over 300 new homes is due to commence within close proximity to the restaurant.
Stock approx £2,000/£3,000. EPC Rated D.
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