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Restaurant for sale

Newbury, Berkshire, RG14


Property Description

Key features

  • Good Class Licensed Restaurant
  • Town Centre Location
  • Self Contained Two Bed Flat
  • Newbury, Berks

Full description


Well located in the Town Centre of the prosperous West Berkshire Country Town of Newbury.

The Premises comprise:-

Double Fronted Restaurant (approx. 24' frontage x 35' max depth - seating for 54). Fully Equipped Kitchen. Ladies & Gents Cloakrooms with Disabled facilities.

Outside:- Yard with driveway. Car space. Outside Store.

First Floor:- Self Contained Flat - Two Bedrooms. Kitchen. Bathroom.

Account figures for year ended 31st August 2016 show Turnover 255,947 (i.e. 6,000 weekly inc VAT) with a Gross Profit 171,700. Books & Accounts available for inspection.

Run by working owner in management supervision together with a full time chef and waiting staff.


Price required for the valuable Freehold property together with the goodwill, fittings, fixtures, utensils, trade furniture & equipment of the Licensed Restaurant business:- 465,000 STOCK EXTRA AT VALUATION


A new Full Repairing & Insuring Lease will be granted in respect of the whole premises for a term of 15 years at a commencing rent of 27,500 per annum exclusive of rates and subject to 5 year reviews. Price required for goodwill, lease & furnishings, etc:- 75,000 STOCK EXTRA AT VALUATION

Map & Street View

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