Demetris Taverna, 16-18 Gloucester Street, Weston-super-Mare, North Somerset BS23 1TA
£150,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Restaurant for sale
Key features
- First time on the market for 40 years
- Beautifully fitted licensed restaurant
- Prime position just off seafront
- Main restaurant seats 70 plus function room for 25
- Professionally fitted commercial kitchen with extensive inventory
- Annual turnover over £400,000 (net of VAT)
- With net profit for working owners over £100,000
- Brand new 15-year lease
- First floor large office with en-suite bathroom - could be bedsit
Description
Location
Weston-super-Mare is a large coastal town in North Somerset with a resident population of approximately 90,000. The town continues to expand with new housing developments under construction. Communication links are excellent with the M5 motorway on your doorstep, so the area is increasingly popular for commuters to major commercial centres such as Bristol which is less than 20 miles away. Weston-super-Mare is perhaps better known for its glorious beach and famous pier and is still a popular holiday destination. Our subject property is located close to the seafront in the heart of the town's main shopping district.
The Property
Entrance Vestibule
With stone tiled floor.
Leads to:
Main Restaurant Customer Area
Seats easily 70.
This extremely well presented dining space has stone tiled floor, part exposed stone walls, two attractive fireplaces, exposed beamed ceilings etc.
Also, there is air conditioning fitted together with CCTV throughout.
The Attractive Bar Servery
Has an exposed stone front, heavy wooden bar top and is fully furnished with a full range of bar equipment including stainless steel encased wine chiller, stainless steel encased ice machine, three back bar double door fridges and touch screen till.
Passageway to Ancillary Rooms
Has stone tiled floor, beamed ceilings, space for dumbwaiter and three storage areas.
Disabled WC
Private Function Room
Easily seats 25.
With stone tiled floor, beamed ceilings, air conditioning and CCTV.
Extensively Furnished Commercial Kitchen
Is professionally fitted with a full range of stainless steel encased commercial equipment including six-ring commercial hob and oven, large charcoal griddle, electric hot plate, stainless steel encased workstation with saladette and refrigerated station below, commercial microwaves, heated cabinet and professional coffee machine.
There is a separate wash-up area with pass through dishwasher and two deep bowl sink units.
Walk-in Cold Room
Heavy wooden staircase leads to:
Substantial First Floor landing with stripped wooden floor, exposed stone walls and attractive wall light fittings.
Gents WC
With two low level flush WCs.
A well presented space.
Ladies WC
With three low level flush WCs, tiled walls and two wash hand basins inset to marble worktop.
Large Storeroom
With fitted shelving and non-slip floor.
Large Office
With en-suite bathroom having low level flush WC and walk-in double shower.
The Property
Is presented in excellent condition with gas fired central heating powered by newly fitted boiler and a modern hot water system.
The Business
Has been owned and operated by our client for the past 44 years. The business opens 5 days a week from 6 pm until close, although last orders are 8.45 pm. The business does not open on Sunday or Monday.
The premises licence allows alcohol for sale until 4 am.
Annual turnover based on the above is in excess of £400,000 (net of VAT). Working owners will show a net profit of over £100,000 after rent.
Tenure
The property is offered on the basis of a brand new commercial lease for a period of 15 years with an initial annual rent of £35,000.
Rateable Value
From 1 April 2023 the rateable value will be £9,800. This is not the amount you will pay.
Weston-super-Mare is a large coastal town in North Somerset with a resident population of approximately 90,000. The town continues to expand with new housing developments under construction. Communication links are excellent with the M5 motorway on your doorstep, so the area is increasingly popular for commuters to major commercial centres such as Bristol which is less than 20 miles away. Weston-super-Mare is perhaps better known for its glorious beach and famous pier and is still a popular holiday destination. Our subject property is located close to the seafront in the heart of the town's main shopping district.
The Property
Entrance Vestibule
With stone tiled floor.
Leads to:
Main Restaurant Customer Area
Seats easily 70.
This extremely well presented dining space has stone tiled floor, part exposed stone walls, two attractive fireplaces, exposed beamed ceilings etc.
Also, there is air conditioning fitted together with CCTV throughout.
The Attractive Bar Servery
Has an exposed stone front, heavy wooden bar top and is fully furnished with a full range of bar equipment including stainless steel encased wine chiller, stainless steel encased ice machine, three back bar double door fridges and touch screen till.
Passageway to Ancillary Rooms
Has stone tiled floor, beamed ceilings, space for dumbwaiter and three storage areas.
Disabled WC
Private Function Room
Easily seats 25.
With stone tiled floor, beamed ceilings, air conditioning and CCTV.
Extensively Furnished Commercial Kitchen
Is professionally fitted with a full range of stainless steel encased commercial equipment including six-ring commercial hob and oven, large charcoal griddle, electric hot plate, stainless steel encased workstation with saladette and refrigerated station below, commercial microwaves, heated cabinet and professional coffee machine.
There is a separate wash-up area with pass through dishwasher and two deep bowl sink units.
Walk-in Cold Room
Heavy wooden staircase leads to:
Substantial First Floor landing with stripped wooden floor, exposed stone walls and attractive wall light fittings.
Gents WC
With two low level flush WCs.
A well presented space.
Ladies WC
With three low level flush WCs, tiled walls and two wash hand basins inset to marble worktop.
Large Storeroom
With fitted shelving and non-slip floor.
Large Office
With en-suite bathroom having low level flush WC and walk-in double shower.
The Property
Is presented in excellent condition with gas fired central heating powered by newly fitted boiler and a modern hot water system.
The Business
Has been owned and operated by our client for the past 44 years. The business opens 5 days a week from 6 pm until close, although last orders are 8.45 pm. The business does not open on Sunday or Monday.
The premises licence allows alcohol for sale until 4 am.
Annual turnover based on the above is in excess of £400,000 (net of VAT). Working owners will show a net profit of over £100,000 after rent.
Tenure
The property is offered on the basis of a brand new commercial lease for a period of 15 years with an initial annual rent of £35,000.
Rateable Value
From 1 April 2023 the rateable value will be £9,800. This is not the amount you will pay.
Brochures
Demetris Taverna, 16-18 Gloucester Street, Weston-super-Mare, North Somerset BS23 1TA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Weston-super-Mare Station0.3 miles
- Weston Milton Station1.6 miles
- Worle Station3.0 miles
Notes
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