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STYLISH ?FREE OF TIE? RIVERSIDE BAR AND RESTAURANT, 99,000, Leasehold

99,000
Tenure
Leasehold
Description
Sat in the shadows of the historic castle walls overlooking the river Trent in the centre of the bustling market town of Newark and surrounded by places of interest and tourist attractions.
Restaurant (c50+ covers) with rustic wooden walls, exposed wooden ceiling beams and joists, air conditioning and a delightful riverside balcony with all round uninterrupted views.
Main Bar (c45+ plus standing) with comfy furniture and concertina doors providing riverside views.
Lounge area (c30+) with rustic wooden walls, comfy furniture and a further riverside al fresco balcony (c12 covers).
Spacious enclosed Al Fresco Patio/Private party area (c50+ seated / c100 standing) with BBQ, self-contained dispense Bar and riverside views ; Riverside picnic bench seating (c50+) ; Patron's car park.
Commercial catering kitchen with 5* EHO rating.
Advised current circa £686,400 (incl. VAT).
Trade split of: 65% Wet sales ; 35% Food sales.
Privately owned totally ‘Free of tie' renewable lease with highly attractive rent of only 5.7% of net T/O.

 
A THRIVING PRIVATELY OWNED ‘FREE OF TIE' RIVERSIDE INN SET IN DELIGHTFUL SURROUNDINGS AND OFFERING FURTHER UNTAPPED OPPORTUNITIES



ASKING PRICE £99,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
Under Offer
No
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