RE4282CO
LA MESA
RARE OPPORTUNTY TO ACQUIRE ESTABLISHED BAR RESTAURANT WITH EXCELLENT REPUTATION CLOSE TO THE CENTRE OF WADEBRIDGE CORNWALL. THE FAMILY RUN BUSINESS HAS BEEN UNDER THE SAME OWNERSHIP FOR THE PAST TWO YEARS OR SO AND HAS COME ON TO THE MARKET BECAUSE BOTH PARTNERS HAVE OTHER BUSINESS INTERESTS / PROFESSIONS. THE BAR AND RESTAURANT AREAS ARE ATTRACTIVELY FURNISHED AND DECORATED AND ATTRACT CUSTOMERS FROM FAR AND WIDE. THERE IS ALSO A GOOD LOCAL CLIENTELE. THE VARIED MENU OFFERS A WIDE RANGE OF FISH AND MEAT DISHES AND THERE IS ALSO A VERY POPULAR TAPAS MENU. THE OWNERS LIVE ABOVE IN 3 ROOMS WHICH ARE CURRENTLY USED AS BEDROOMS BUT COULD EASILY REVERT TO 2 BEDROOMS AND LOUNGE
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| TENURE |
LEASEHOLD ADVISED 13 YEARS REMAIN OF 15 YEAR LEASE
URRENT RENT £17.500 PER ANNUM 3 YEAR REVIEWS |
| RATES |
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| TAKINGS |
TAKINGS FOR Y/E MARCH 2007 £184,798 GROSS PROFIT £92,537 |
| STAFF |
MAINLY FAMILY RUN |
| HOURS |
MON-THUR 5.00 PM TO 11.00 PM FRI -SUN 12.00 MID DAY TO 11.00 PM (LIC TO 12. 00 MIDNIGHT) |
| PREMISES |
BAR AREA WITH AMPLE SEATING APPROX 70 COVERS INCLUDES S/C RESTAURANT AND OUTSIDE ROOF TERRACE (16) GROUND FLOOR ENTRANCE TERRACE (10 PLUS) |
| PRICE |
£125000 |
| VIEWING |
CONTACT JOHN BLAKEY FOR FULL DETAILS AND PHOTOGRAPHS OF THIS BUSINESS VANDERVELLS CORNWALL OFFICE 01872 261120 |
| LOCATION |
WADEBRIDGE CORNWALL LARGE CAR PARK CLOSE BY |
