Property for sale
Property description & features
- Tenure: Leasehold
- RARE OPPORTUNITY TO ACQUIRE A POPULAR RESTAURANT BUSINESS
- LOCATED IN THE HEART OF THE PICTURESQUE VILLAGE OF CORFE CASTLE
- INTERNALLY THE RESTAURANT OFFERS SEATING FOR 40 COVERS WITH ADDITIONAL OUTDOOR SEATING TO THE FRONT WITH COVERS FOR 12
- THE BUSINESS IS OFFERED AT £50,000 TO INCLUDE THE CATERING EQUIPMENT, FURNITURE AND FURNISHINGS
- LEASE TERM 10 YEARS AT £15,000 PA
The business had an excellent reputation, extremely popular throughout the year, catering for both locals and the numerous visitors to this historic village, with various festivals boosting a good seasonal trade. Internally the restaurant offers seating for 40 covers with additional outdoor seating to the front with covers for 12.
The extensive commercial catering equipment, furniture and furnishings are included in the sale. Audited accounts and the lease are available for inspection by genuine applicants on request.
Restaurant Main Area 8.37m x 4.89m excl bays (27'6" x 26' excl bays)
Restaurant 2 4.44m x 3.7m (14'7" x 12'2"
Kitchen Area Overall 2.99m max x 5.27m (9'1" max x 17'3")
Covered Area 1 4.89m x 2.3m (16' x 7'7")
Covered Area 2 5.83m x 2.64m (19'1" x 8'8")
Pre/Store Room 3.68m x 3.54m min (12'1" x 11'7" min
Store Room 1.92m x 1.51m (6'4" x 4'11")
LEASE TERMS
10 year lease from the 6th May 2024. Rental £15,000 pa. Rent review 5th year. The tenant is responsible for internal redecoration.
CONSTRUCTION
The original building is thought to date back to 1833 and is predominantly constructed of Purbeck stone, with the main roof covered with slate.
LOCATION
The quintessential village of Corfe Castle lies at the centre of the Isle of Purbeck and sits to the West of the seaside resort of Swanage (5 miles distant) with its fine, safe, sandy beach and the market town of Wareham a similar distance. Much of the area surrounding the village is classified as being of Outstanding Natural Beauty incorporating the Jurassic Coast, part of the World Heritage Coastline. Mainline rail link at Wareham, to London Waterloo approximately 2.5 hours. The A31 can be joined at Bere Regis providing a route to the M27/M3 and London/Home Counties beyond.
SERVICES
All mains services connected.
RATEABLE VALUE
£10,000. Current Rates Payable £4,990. Small Business Rate Relief Available.
VIEWINGS
Viewing of this exceptional business opportunity is highly recommended, all viewings must be accompanied and these are strictly by appointment through the Sole Agents, Corbens,[use Contact Agent Button]. Postcode BH20 5HU.
Property Ref COR1976
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