 | Destination Coach House Restaurant St Edmundbury District, Suffolk, United Kingdom Advert ref: RL.0.68.SNC Business description
Located within a lovely parkland setting.The coach house is now the restaurant dining area, which is nicely, fitted out with traditional style wooden furniture. Currently laid out for 40 covers although the restaurant can cater for up to 50 covers and more with a marquee.The business is supported by a predominately local clientele and offers a changing menu mainly in the English style and also caters for a variety of functions such as weddings and anniversaries etc. To the rear and with direct access from the main restaurant is the courtyard part of which is utilised in the summer months for outside dining.
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Years established: 4 years
Employees: The working owner runs the restaurant with part time staff as necessary.
Trading hours: Friday and Saturday evenings only at present
Property: Leasehold
Lease terms
The vendor advises that the premises are held by way of a fifteen-year lease from September 1998 at a passing rent of £8,361 p.a.
Location
Located within a lovely parkland setting approximately 5 miles from Bury St Edmunds with good access to A14 and A143 main roads.
Expansion potential
a rare opportunity to acquire a restaurant in a beautiful setting and one which is both different and interesting and yet still has lots of potential. The present owner chooses to open only two evenings a week but as we understand there is no restriction on opening longer hours there is lots of scope for developing the business further particularly as a function venue.
Reasons for selling
Retirement sale
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| | Financial details Asking price: £39,500
Sales revenue: £62,000
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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