Restaurant in Gerrards Cross (SOLD)

  • Leasehold £350,000
  • £3,000,000/Freehold
Featured SOLD
Gerrards Cross, UK
Featured SOLD

Restaurant in Gerrards Cross (SOLD)

Gerrards Cross, UK
  • Leasehold £350,000
  • £3,000,000/Freehold

Description

Profitable ApartHotel & Restaurant for Sale in Gerrards Cross

(Freehold or Leasehold Option Available)


MAIN FEATURES

  • Freehold or Leasehold (both options available)
  • Well Maintained 7 Bed Apart Hotel
  • 100 Covers Restaurant
  • Large Car Park (12-15 cars)
  • Large Rear Garden
  • Fully Refurbished & Well Maintained
  • 5 Star Hygiene
  • Freehold Asking Price: 3,000,000 (Three Million Pounds) including business
  • Leasehold: 350,000 (Three Hundred  Fifty Thousand Pounds)

FREEHOLD PARTICULARS

  • Tenure: Freehold
  • Building Type: Grade II Listed Building
  • Fully furnished 7 Bed Aparthotel
  • Aparthotel Sales Revenue: Circa £140,000 per year
  • Fully Furnished & Licensed 100 Covers Restaurant circa 2558 sq. ft
  • Pre-COVID Restaurant Sales Revenue: £780,000 per year (£65,000/month)
  • Total Sales Revenue: £920,000 per year
  • Asking Price: £3,000,000 (Three Million Pounds) ONO including Business

LEASEHOLD PARTICULARS

  • Lease: 15-20 years
  • Rent Per Annum (£): 180,000 (ONO)
  • Business Rate Per Annum (£): £17,000
  • Rent Review Term: 5 yearly
  • Next Rent Review Date: TBC
  • Covers: 100
  • Staffs: 8
  • Pre-COVID Restaurant Revenue (£): Circa 780,000/year
  • Current ApartHotel Revenue (£): Curca £140,000/year
  • Trading Hours: 10am – 12am
  • Planning Usage: A3
  • Alcohol License: YES
  • Premium (£): 350,000 (ONO)

LOCATION DETAILS

  • Gerrards Cross, SL9
  • London Heathrow Airport: 10.4 miles
  • London: 22.4 miles
  • Windsor: 11.2 miles
  • Affluent Residential Area
  • Just over a mile away from Gerrards Cross Station
  • Few Local Eateries and Pubs

PLANNING & OPENING HOURS

  • Restaurant with Alcohol Licence
  • Opening Hours: 12pm till 11pm

PROPOSED TENANT’S REQUIREMENTS

  • Proposed tenant must have a guarantor (home owner)
  • 3-6 months rent deposit required
  • Tenants with food business experience will be preferred

VIEWINGS

Strictly through Restaurant Property Sellers only. Staffs are not aware, hence no approach must be made at any circumstances. Discreet customer visit is highly advised and then afterwards, further arrangement will be made.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

  • Address Gerrards Cross
  • Post Code SL9
  • Area Gerrards Cross

Details

Updated on April 23, 2021 at 12:42 pm
  • Price: Leasehold £350,000
  • Size: 2558 Sq Ft
  • Covers: 100
  • Use: Restaurant & Hotel

Overview

  • 100
  • Covers
  • Restaurant & Hotel
  • Use
  • 2558
  • Sq Ft

Contact Information

RPS_Agent
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