Restaurants for sale in Newark

View the "Impressive Licensed Barge Conversion With Twin Deck Trading Areas" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Advertising my business on Daltons was a great success. I found a buyer relatively quickly. 

Ahmed Zahir (August 2016)
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Freehold Price: £325,000
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Business Description
.Centrally located adjacent to historic Newark Castle on the River Trent, an impressive licensed barge conversion with twin deck trading areas. The bottom deck has an impressive lounge bar whilst to the top deck is a dining area, comfortably accommodating around 60 covers in all. Externally there is extensive block paved area with timber bench seating to accommodate 100 covers. The business has been in the same ownership for 35 years and is run under management. Net sales for the year ended September 2015 were £331,516 with an adjusted net profit of around £55,000 per annum.

The Premises & Trading Facilities
The upper deck trading area has seating for around 30 customers with views over the River Trent, whilst the lower deck has a long return bar servery and seating for 40 customers with a snug area to the back of the deck. 2 independent staircases provide access to the top deck, whilst to the front are ladies and gentlemen’s WC facilities. Furthermore, there is a well equipped galley catering kitchen. Externally is an extensive block paved seating terrace on town wharf adjacent to the barge with bench seating for over 100 customers.

Tenure: Freehold

Location Details:
The Castle Barge, The Wharf, Newark, Nottinghamshire NG24

Listed by: Davey Co
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