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FULLY REFURBISHED AND SUPERBLY POSITIONED FREEHOLD INN/RESTAURANT/CAFÉ WITH TWO APARTMENTS LOCATED WITHIN THE FAMOUS 'SPIKE ISLAND' DISTRICT OF CENTRAL BRISTOL

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  • Central Bristol position close to the SS Great Britain, Aardman Studios & Spike Island.
  • Fully Refurbished Ground Floor Restaurant/Lounge/Café Bar (circa 50) with wood floors, bar servery and a modern feel.
  • Patio Terrace Area (circa 30) to the side and front of the building.
  • 2 Excellent Self Contained Apartments being offered in excellent condition.
  • Potential Development Opportunity (SSTP).
  • Advised turnover for y/e 01/15 is circa £110,000 (inc vat) with a trade split of 50% wet and 50% dry.
A FULLY REFURBISHED FREEHOLD COMMERCIAL PREMISES WITH A RANGE OF POSSIBILITIES

ASKING PRICE £349,950 + VAT FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This superb business and property is being offered on a Freehold basis and sits in an enviable and prominent position on Cumberland Road, Bristol.

This business sits in the heart of 'Spike Island', a desirable and tourist area of Bristol benefitting from attractions such as the SS Great Britain, the Aardman Studios and the Spike Island Artspace Museum.

Bristol is the largest centre of culture, employment and education in the region. Its prosperity has been linked to the sea since its earliest days. The commercial Port of Bristol was originally in the city centre before being moved out to the Severn Estuary. In more recent years the economy has depended on the creative media, electronics and aerospace industries, and the city centre docks have been regenerated as a centre of heritage and culture.

THE PROPERTY

This lovely inn is of painted brick construction, under a pitched, tiled roof, occupying an excellent prominent corner position on Cumberland Rd, Bristol.

The Open Plan Lounge Bar/Dining Room/Restaurant/Cafe (circa 50) is a large open plan room being offered in excellent decorative condition following a full refurbishment. This spacious room offers a central bar servery area, solid wood flooring and a mix of leather and wood furnishings.

This property has been fully refurbished and benefits from all new electrics, plumbing and heating systems.

Ladies and Gents W.C.'s.

Lower Ground Floor Cellar has pumps, racks, python system and coolers.

Fully Equipped Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces offers easy access to all trading areas.

OWNERS ACCOMMODATION

The owner's accommodation is situated on the 1st Floor and is split into two self-contained apartments.

Apartment 1 - Double Bedroom, Single Bedroom, Lounge, Bathroom and Kitchen.

Apartment 2 - Lovely Open Plan Lounge/Diner/Kitchen, Double Bedroom and Bathroom.

EXTERNAL

To the side and front of the property is a lovely Patio Terrace Seating Area (circa 30).

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

7 days per week 11am - 11pm

Current opening hours are:

Monday CLOSED

Tues - Sat Midday - 2pm, 5pm - 11pm

Sunday Midday - 9pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The business and property is being offered for sale freehold

We are advised that the inn benefits from all mains services (no services seen or tested), and heated by gas central heating. Business rates are advised as currently being free of charge.

THE BUSINESS

The current owners purchased the business in 2000 as a family concern and bought the property in 2009 after being a lessee for 9 years.

This business and property is presented to a very high standard and new owners will be able to reap the rewards.

We are advised turnover for the year end 01/15 is £110,000 (inc vat) with a trade split of 50% wet and 50% dry and offering considerable potential for longer opening hours and a more varied offering.

Accounting information will be made available to interested parties after viewing.

This business was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014.

Viewing appointments must be made by contacting Guy Simmonds on 01332-865112.

ADDITIONAL IMAGES

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