£99,995

Restaurant for sale

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Under offer

£99,995

Restaurant for sale

Carolgate, Retford DN22

Local area information

Property location

Nearby amenities

  • St Swithun's Church of England Primary Academy 0.2 miles
  • Retford 0.4 miles
  • Thrumpton Primary Academy 0.5 miles
  • Worksop 7.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold Bistro & Bar
  • Weekly Turnover £7,000
  • Prominent Location
  • External Seating
Leasehold Independent Bistro & Bar Located in Retford, Nottinghamshire
Ratings # Trip Advisor 4 / Facebook 4.6 / Google 4.4
Licensed
Ref 2914

Location
This delightful Bistro & Bar is located within a prominent and highly visible trading position on Carolgate in East Retford. Retford is a market town in the Bassetlaw District in Nottinghamshire and one of the oldest market towns in England having been granted its first charter in 1105. The town is a very busy shopping area and offers large retailers along with independent retailers all of which bring high levels of footfall to the area. There is staff parking with 2-4 free spaces, ample cheap paid parking on site (50p per hour) and plenty of free and paid parking within the local area available. Retford offers easy access to Worksop (9 miles), Doncaster (18 miles), Sheffield City Centre (30 miles) and Nottingham City Centre (33 miles).

Leasehold Asking Price: £99,995 plus sav (£3,000)

Business Description
Veritas Business sales are privileged to offer to the market this fantastic casual dining Bistro & Bar located in East Retford, Nottinghamshire. Situated in the tranquil setting by the water's edge, the premises was transformed from its original purpose, the towns fire station, into this stunning bar & bistro back in 1997. It has been in the careful hands of the current owners since 2020 and they are now offering the business for sale to focus on their own individual careers and feel the time is right to let the next guardian to take the business forward.
Since ownership they have, refurbished parts of the building, redecorated and installed new catering equipment along the way with quality fixtures and fittings to which most of the items are bought and paid for and included within the sale price which is a huge plus for the new owner as a large amount of funds will not need to be spent for some time. The ground floor offers seating capacity for 48 people inside and 42 people outside. The Baytree Bistro & Bar is managed and employs 5 full time and 6 part time members of staff and has an average weekly turnover of circa £7,000. They serve modern classic breakfasts, mouth-watering lunches and delicious main dishes suitable for all dietary types. The team provides the best possible dining experience in relaxed and comfortable surroundings.
We believe that there is huge opportunity to increase revenue should you wish, by simply extending the opening times, by building on the recently added takeaway service and joining the online delivery giants, Uber Eats, Deliveroo and Just Eat but also developing your own website. Other opportunities are upstairs where the space is currently being used for storage and could be used for additional seating, private parties or events. There is also an opportunity to build on and increase their social media presence or by franchising. This is a superb opportunity to purchase a turnkey business where all the hard work has been done which is a great base to build upon and such early viewing is highly recommended.

Opening Hours
Monday - Sunday - 9:00am - 4:00pm

Leasehold
Term: 5 years
Remaining: Ends 29th May 2027 (can be extended)
Rent: £15,500 pa
Business Rates: Tbc

Ground Floor
Restaurant comprising: 3 x high wooden tables, 14 x high leather and wood chairs, 10 x dark wood tables, 30 x leather dining chairs, 2 x children's highchairs, 2 x fixed booth seating units, 3 x fixed menu boards and 4 x window pelmets.
Restaurant/kitchen/prep area comprising: Drink mixer (Dinkum), double contact grill (Buffalo), single contact grill (Buffalo), single contact grill, saladette (Polar), 2 door stainless steel fridge, 2 x stainless steel corner table (Vouge), stainless steel table (Vouge), 2 x four slice toasters, two door drinks chiller, 2 x single door drinks chiller, commercial fridge (Husky), slow cooker (Crock pot), soup urn (Buffalo), epos till (Square), terminal card reader (Square), 3 x wall mirrors including hallway, sound system with 4 internal loudspeakers, cupboard units and shelving, glass shelving, extraction system, room dividers, 7 x electric wall heaters, 2 x wall sconces, alarm system (Verisure), iPad (Bar), iPad mini (Restaurant) and Google mesh networking system.
Kitchen comprising: Handwash sink, commercial sink, six burner (Falcon) gas range oven, double deep fat fryer (Buffalo), 3 x microwaves (Panasonic), microwave, stainless steel shelves, salamander grill (Buffalo), wall mounted fly killers (Zapper), double door stainless steel fridge counter (Polar), 2 x stainless steel work tables, 3 x stainless steel wall mounted shelves, mesh shelving system, commercial freezer (Husky), heated bain -marie (Quattro), 4 x 1⁄2 gastro pans, 4 x gastro pans, kitchen display monitor, iPad, and all cutlery, crockery, pots, pans and utensils.
W/C Male with handwash basin.
W/C Female with handwash basin.
W/C Unisex & Family with handwash basin and baby changing table.
Stairs leading from the front entrance and spiral staircase leading from prep-area to the first floor
First Floor
Office with desk, office chair, chair, laser printer (hp), laminator, electric fan (Draper), portable air conditioning unit, washing machine and dryer.
Additional equipment on first floor: 4 x chest freezers, tall freezer (Beko), tall fridge (Bek0), commercial fridge (Husky) slow cooker, “A” frame display board, 6 x wooden storage shelving units, cake fridge, cake display unit
Leased Equipment: (Halcyon) Amika 51XL pumped drain dishwasher, (Halcyon) pumped drain glasswasher, (Polar) ice machine, Blendtec (Bebida) drinks blender, Wunder bar post mix system (Bebida) and (Iberital IB7 ) coffee machine.
Please note that all leases include maintenance and can be fully transferred to new owner.
W/C Male with handwash basin.
W/C Female with handwash basin.

External
External equipment comprising: 40 x rattan chairs, 10 x rattan tables, 4 x parasols, 5 x external signage, Baytree branded glass screens and 2 x decorative metal work. Bin area accessed via the car park and kitchen.

EPC Rating C

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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.

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  2. Commercial for sale
  3. Nottinghamshire
  4. Retford
  5. Carolgate

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