This property is no longer on the market
Restaurant
Property description & features
DESCRIPTION
An ideal opportunity for those looking to purchase a desirable building with a well-respected, popular, and vibrant licenced restaurant business. This is a rare chance to purchase a large freehold building of great character, with a quality and profitable restaurant business on the ground floor, offering a unique evening dining experience with pre-heated volcanic rocks. The property is located in Bridge Road, which is essentially one of two thoroughfares from the Harbour to The Square, providing a high footfall. The business was established in 2005 and has an excellent trading history with further potential to extend the opening hours and offer lunches, breakfasts as well as tapping into the lucrative casual coffee market.
This is a well laid out ground floor business premises, with a modern commercial kitchen, store room, ladies & gents WC, cloak room/ lobby and two separate dining rooms catering for 90 covers per night without Covid restrictions and 70 with restrictions in place. The split of rooms enables private parties/groups to also have their own room to dine in. Large acrylic, 'Covid screens' will be included in the sale which separate each table.
This offering will be of interest to; investors, operators and those looking for an exciting career change with this combination of an owner occupied freehold business. A buyer could also potentially acquire the ground floor as part of their self-investment pensions (SIPP), with the upper floor being purchased privately. This is a most interesting block of Yarmouth commercial property.
The Business - This freehold property is being sold with the business. Detailed trading figures will be issued to bona fide applicants following the completion of an NDA (NonDisclosure Agreement). The business is being sold as a going concern, plus stock at valuation. A list of company owned items will be issued to interested applicants. The business is run with a full complement of staff and senior management in place.
ACCOMMODATION
As a large period, building, the residential upper floors have been successfully let and offer magnificent west facing views across the harbour and Yarmouth Sailing Club. This is a split-level apartment which requires modernisation and enjoys its own private access from Bridge Road. The apartment comprises of one double bedroom, bathroom, sitting room, kitchen/diner, landing and ground floor hall/lobby. There is an attractive aspect out onto The Square as well The Harbour.
SERVICES
All mains services are connected to the property.
OTHER
EPC Rating D.
VIEWING
All viewings will be strictly by prior arrangement with the sole selling agents, Spence Willard.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 100523008343. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Spence Willard - Yarmouth.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.