Toby Cottage, High Street Ripley, Woking, Surrey, GU23 6AF

The restaurant dates back to the 1800s and is set in a beautiful oak beamed building, which was originally built as a dwelling and later served as an antique shop specializing in the sale of Toby Jugs.

In 1957, the building was converted into a restaurant which has now been operating under the same ownership for the last 20 years. The property comprises a 70 seater restaurant over two floors, two bedroom staff accommodation and private parking for 12 vehicles.

The restaurant offers a traditional dining experience offering a blend of English and Continental cuisine and a range of seasonal specials based on locally sourced produce, earning the restaurant a well-deserved reputation as one of the best in Surrey.

Toby Cottage Website

Site area: 0.097 acres.
GIA: 205 Sqm.

Toby Cottage is an established restaurant located in the affluent village of Ripley, just under four miles from both Woking and Guildford, and close to the A3 - M25 Junction 10 London to Portsmouth Road.

Ripley is one of the most desirable villages in the Surrey Hills and is known for its varied selection of independent shops, restaurants, pubs and other small businesses.

• Restaurant seating 50
• Commercial kitchen with commercial extraction and pot wash area
• Ladies & Gentleman's WC's and a range of ancillary storage areas

• Restaurant/cocktail bar seating 20

The trade fixtures and fittings are included within the purchase price, with the exception of some personal effects. An inventory will be provided to prospective purchasers once an offer has been accepted.

We are advised that all mains services are connected.

• Parking for 12 vehicles to the rear of the property

Two staff bedrooms and bathroom arranged over the first floor.

The business is run by 'hands on' owner operators with a full complement of staff who are subject to TUPE and will transfer with the business.

Accounts to year end 31 May 2023 show a net turnover of £590,501 with a gross profit margin of 68% with wage costs at 26%. Further detailed financial information will be available upon request following a viewing.

Monday: Closed
Tuesday - Thursday: 12:00 - 14:00 & 18:30 - 21:00
Friday - Saturday: 12:00 - 14:00 & 18:00 - 22:00
Sunday: 12:00 - 15:00

Freehold to be sold as a trading going concern (TOGC) off a guide price of £995,000 to include the goodwill and trade fixtures and fittings. Stock will be payable in addition to the purchase price on completion (SAV).

Rateable value effective from 1 April 2023 is £32,250.

The property is NOT elected for VAT and we advise that any perspective purchaser consults an accountant prior to a purchase.

Premises Licence.