Confidentially available.
Offered on a leasehold basis, inclusive of goodwill, fixtures, fittings and equipment, this long established and spacious restaurant presents an excellent opportunity in a popular village location. The restaurant provides seating for approximately 90 covers in comfort and features a generous double-fronted layout with additional tables and chairs positioned to the front. The premises benefit from a large commercial kitchen, an attractive bar area and air conditioning. There is access from the kitchen to a rear yard where two parking spaces are available.
The restaurant enjoys a strong reputation within the local community, while also drawing custom from neighbouring towns. It currently operates under an alcohol licence understood to run until 12pm and is set within a modern building. Although the business opens only in the evenings at present, there is clear potential to extend trading hours and further build on its success. The venue has also proved popular for private hire, accommodating up to 120 guests for events.
A new 15-year lease commenced in 2024, offering long-term security for an incoming operator.
This is a rare opportunity to acquire a thriving and long-established restaurant in a sought-after village location with considerable scope for future development.
Our clients advise the business is trading profitably and financials can be provided to genuinely interested parties after an initial inspection.
EPC band B.
Location
Local community - close to Weybridge and Woking.
Accommodation
1,900 sq ft
Terms
Tenure: Leasehold
Price/premium: £98,000 to include goodwill, fixtures, fittings and equipment.
Rent: £22,000 Per annum + VAT
Legal fees: Both parties to be borne by the ingoing tenant/purchaser
Rateable value: The VOA website states a R.V. of £37,000, payable at the prevailing rate.
Lease details: 15 year lease from 2024 with 5 yearly rent reviews. We understand the lease is drafted within the Landlord and Tenant Act 1954. Lease not inspected- please verify.
Trading hours: 16.30- 22.00 Monday to Thursday. 16.30- 23.00 Friday & Saturday. 12:30 to 20.00 Sunday.
Years established: 26 years and 10 years in current hands.
Client involvement: Husband and wife full time.
Specification
- Alcohol license
- Air Conditioning
- Business for sale
- Densely populated area
- Early viewing recommended
- Discretion required
- Thriving village
- Turnkey opportunity
- Visually prominent
- Well presented
- Long established