625000 Freehold

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EPC C/67

La Bisalta Restaurant 6 Vicarage Street Frome

£625,000 Freehold

La Bisalta Restaurant 6 Vicarage Street Frome, BA11 1PX

£625,000 Freehold Description An exciting opportunity to acquire the freehold and business of a very well-established Italian restaurant together with four bedroom living accommodation above. The business has been owned and operated by our clients for nearly 30 years and is now available due to their ambitions to retire. It is considered that there is tremendous scope to develop the business. Alternatively, the property may offer scope for a number of different uses such as B&B/lettings rooms, offices or residential subject, of course, to gaining the relevant consents. Situated a short distance from the town center at Vicarage Street. Accommodation Restaurant - Arranged over ground floor. Entrance Hall (8.21m2). Bar Area (27.19m2). Drinks Store (2.73m2) leading to covered storage area (unmeasured). Office (13.13m2). Dining Area (14.08m2) open fire place. Kitchen (25.69m2) fitted mains gas cooker. Dining Room (32.98m2) glazed doors to outside and fireplace. Ladies and Gents W/C. Maisonette Arranged over first and second floors. Bathroom (10.07m2) bath, shower, double sink unit, WC. Kitchen (9.75m2). Bedroom 1 (11.44m2). Sitting Room (23.41m2). Bedroom 2 (13.37m2). Bedroom 3 (17.53m2). Bedroom 4 (18.22m2).

The internal accommodation would benefit a degree of modernisation and offers scope for improvement. Total floor area Approx. 227.79m2 (2,452ft2) excluding ground floor hallway and WCs. Good sized garden to the rear with the benefit of a terrace area leading from the Dining Room. There is an integral single garage which is accessed via the commercial kitchen and up and over door onto Vicarage Street. Business Information • • • • •

Operated by the current owners who will retire therefrom at the date of sale completion. Turnover c.£83,000 2016/17 & £85,000 2017/18 Trading Hours 7pm – 12am Business fixtures and fittings to be included within the sale price. Approx. 40 covers not including bar area

Further information and copies of the last 3 years accounting information will be available, at the discretion of the vendors, to interested parties following a viewing.

Local Council: Mendip District Council

Tenure: Freehold

Business Rates: £12,500

EPC Rating: C/67

Council Tax – Band B

VAT: We understand that VAT is not payable on the purchase price.

Services: We understand mains water, electricity and drainage is connected. Gas fired central heating and hot water. Services and appliances not tested.

Viewing: By appointment only through the agents Cooper and Tanner LLP. LLP Telephone 03450 347758 (Ref: KC/ CA1178/18)

WARMINSTER COMMERCIAL OFFICE telephone 0345 034 7758 48/50 Market Place, Warminster BA12 9AN [email protected] Important Notice: These particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, nor constitute part of, an offer or contract. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, warranties and other details are given without responsibility and any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.