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Lucca Restaurant & Bar, 20 High Street, Wendover, Aylesbury, Buckinghamshire, HP22 6EA

Guide Price
£895,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • High Street restaurant & bar
  • Bar (20) Restaurant (60)
  • Total property GIA 4300 square feet
  • Six bedrooms total (two in a rear flat)
  • Potential for a range of alternative uses
  • Excellent investment opportunity
  • Christie & Co Ref: 3867946

Description

Description

A popular restaurant in a charming market town, Lucca restaurant & bar focuses on modern Italian cuisine and is a popular venue due to the building's charm and the welcoming service. The building is Grade II listed with a range of original architectural features.

Due to its convenient location the building could be used for a range of alternative uses including offices, retail or residential (STPP). The property also has a separate two bedroom flat with its own rear access.

Location

Lucca is located on Wendover High Street in an appealing and convenient location. The property has a large public car park directly opposite and is a short walk to a mainline train station.

Wendover is known as the 'gateway to the Chilterns' so attracts a large number of people visiting the area for the beautiful surroundings, as well as being a popular area to live thanks to the short commute on the Aylesbury to Marylebone train line.

Wendover lies in short driving distance to several affluent towns including Aylesbury, Berkhamsted and Chesham.

Internal Details

A welcoming bar area from the high street entrance (20).
Two dining areas with a total of c.60 covers.
A large, well equipped commercial kitchen to the rear with separate wash up.
Several storage areas and ground floor beer cellar.
Four bedrooms, a kitchen and a bathroom on the first floor.
Two bedrooms on the second floor.

Fixtures & Fittings

Commercial fixtures included in the inventory will be part of the sale.

External Details

Due to its High Street location there is little external trade space. Parking in a large public car park directly opposite the restaurant.

Owner's Accommodation

Six bedrooms in total over two floors above the restaurant partly comprised of a separate managers flat with its own access at the rear. There is also a bathroom, an office and several storage areas.

The Opportunity

Lucca is a well established business that could easily transfer to a new owner, but the property would also work well as a new concept in this thriving market town. A new style of bar/cafe/restaurant would appeal to the local community or an alternative use entirely, subject to the necessary planning consent. The property would work well as office space, retail, health/beauty, or mixed use with accommodation/HMO over the first and second floors.

Staff

If sold as a going concern then contracted staff would need to be transferred under TUPE.

Trading Information

The restaurant trades at an annual income of c.£350k. More detailed account information can be made available to seriously interested parties.

Trading Hours

The property trades Tuesday - Sunday. Closed on a Monday.

Tenure

Freehold.

Business Rates

Rateable value of £19,750 (payable c.half of this amount).

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

Lucca Restaurant & Bar, 20 High Street, Wendover, Aylesbury, Buckinghamshire, HP22 6EA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wendover Station0.2 miles
  • Stoke Mandeville Station2.5 miles
  • Little Kimble Station2.9 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3867946-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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