LICENSED RESTAURANT, TAKEAWAY PLUS LUXURY FLAT
First Time Available Since 1908
The Area's Most Famous Venue
Beautiful Living Accommodation
Exciting New Developments Close By
Perfect Time to Take Ownership - Viewing Essential
Located Beside the Harbour
REF 585023. EPC Band E.
Business and Property £320,000
LICENSED RESTAURANT, TAKEAWAY PLUS LUXURY FLAT in Cumbria for Sale.
Owned and operated by the same family since 1908, this truly is a huge opportunity for enterprising new owners to acquire a coastal West Cumbrian institution. The grade two listed property was built in the 17th Century and has three stories, with the fish & chip shop and licensed restaurant / wine bar over two floors and private one bedroomed flat on the third. The property has a basement with substantial dry stores and wet prep areas. Located across from the marina and just off Market Place, this period property is imposing, attractive and very much a part of this vibrant bustling community with its covered outdoor seating area - perfect for people watching. The property is full of character with many original period features - some floors have even been made from re-claimed wide plank timber from the decks of an old sailing ship! The business was being run on a very low-key basis prior to the pandemic, mainly through the spring and summer months. A subsequent fire in the basement and ground floor necessitated the recent total refurbishment of much of the restaurant and apartment and now the premises will be delivered to its new owners with the benefit of close to £100,000 in improvements including:
New floors, elegant black suspended ceilings and newly tiled throughout.
Newly installed and (as yet unused) catering kitchen with stainless steel commercial equipment and extraction hood.
Newly refurbished and unused frying range with full 2 years parts & labour warranty.
New, under-floor extraction system supporting the frying range.
Basement reconstructed with fire-proof boarding.
Complete electrical re-wire including digital lighting and a complete new fire system with push points, sprinkler heads, signs and sounders.
New plumbing and new Energy Efficient heating installed in the trading areas.
Entirely redecorated interior, all floors including the private apartment.
Safety Certificates all current and available.
This represents a huge opportunity for ambitious and enterprising new owners to acquire a valuable freehold property with a virtually new interior, superbly equipped and furnished at great expense and ready to trade at the turn of a key. The frying range has been purposely left free-standing should any prospective new owner wish to move away from the Fish & Chip trade and convert the area to provide more seats for bistro dining. Alternatively the space would also suit a cocktail bar or coffee led venture. The restaurant as a whole, with its elegant first floor dining room and lounge, plus the newly refurbished ground floor would be well suited to any manner of theme or cuisine. The opportunity to trade evenings as a welcome new addition to the towns vibrant bar scene would prove highly attractive, as would a new and exciting dining venue. The premises are licenced to serve alcohol. The potential is huge here, especially given the major new commercial expansion recently passed by the council and the recently opened Albion Square development (only 100 yards away), an office complex owned and operated by the nuclear industry with 1,100 permanent staff in occupancy. In addition, across the road from the restaurant property, a further office complex accommodating 2,000 office workers has been passed by the local council. Our client is offering the freehold of the property and business, but may also consider granting a lease to a competent and experienced operator with a proven track record in operating similar businesses.
The Premises Comprise: ENTRANCE & GROUND FLOOR - Corner, double fronted premises with central access off Market Place into: FISH BAR TAKEAWAY (4.86m x 4.20m) - Tiled floor, part tiled walls, two cooler units with stainless steel work surface and wall units, regularly specialist serviced and maintained Preston and Thomas fryer unit, table seating for 4-6 customers, short steps to: SEATING AREA (5.89m x 2.43m) - Tiled floor, do
Number of employees: