Restaurants for sale in Whitehaven

View the "BAR / RESTAURANT WITH FLATS IN WHITEHAVEN, CUMBRIA" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Freehold Price: £199000.00 Leasehold Price: £30000
Request Details
Business Description
• Well fitted and refined bar and restaurant with seating for around 40
• Excellent town centre location in historic Georgian harbour town
• Catering kitchen with scope to develop food trade
• Two modernised upper floor one bedroom flats with separate access
• Leasehold Price £30,000 based on new lease of ground floor only at a rent of £9,000 per annum

The Business
A bar with a catering kitchen which opened in 2013. It currently trades Fridays and Saturdays from 2pm to midnight and also providing private parties at any time, operating with part time staff as required. The bar is popular with customers seeking a more refined wine bar environment and there is ample opportunity to expand the business by extending the open hours and developing a food trade. In addition, the property has two flats above which can be let out to provide additional income of around £450 pcm each. Accounts will be made available to bona fide applicants, normally after viewing.

Location
Whitehaven is a harbour town situated on the west coast of Cumbria with a population of around 25,000 and its re-developed marina area attracts many visitors. The Lake District National Park lies just a few miles inland with the neighbouring town of Workington about 6 miles to the north. The M6 motorway at Penrith is approximately 40 miles to the east via the A595 and A66 trunk roads. A station on the coastal rail line links the town with the west coast main line. Verve 78 is well positioned on Lowther Street opposite the library but within a few yards of the main shopping area and town centre bars.

Description
The property comprises a classical mid terrace three storey period stone building with a ground floor bar and ancillary accommodation including a catering kitchen and two modernised one bedroom flats on the upper floors with separate side access.
Tenure: Freehold, Leasehold

Leasehold Term:
New lease of ground floor only at £9,000 per annum

Listed by: Mere Commercial
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MA1070
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