Demetris Taverna, 16-18 Gloucester Street, Weston-super-Mare, North Somerset BS23 1TA

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • First time on the market for 40 years • Beautifully fitted licensed restaurant • Prime position just off seafront • Main restaurant seats 70 plus function room for 25 • Professionally fitted commercial kitchen with extensive inventory • Annual turnover over £400,000 (net of VAT) • With net profit for working owners over £100,000 • Brand new 15-year lease • First floor large office with en-suite bathroom - could be bedsit

Location: • Nearest Station: Weston-super-Mare Station • Distance to Station: 0.3 miles

Agent Information: • Address: 44 Boulevard Weston-Super-Mare BS23 1NF

Full Description: Location Weston-super-Mare is a large coastal town in North Somerset with a resident population of approximately 90,000. The town continues to expand with new housing developments under construction. Communication links are excellent with the M5 motorway on your doorstep, so the area is increasingly popular for commuters to major commercial centres such as Bristol which is less than 20 miles away. Weston-super-Mare is perhaps better known for its glorious beach and famous pier and is still a popular holiday destination. Our subject property is located close to the seafront in the heart of the town's main shopping district.

The Property Entrance Vestibule With stone tiled floor.

Leads to:

Main Restaurant Customer Area Seats easily 70.

This extremely well presented dining space has stone tiled floor, part exposed stone walls, two attractive fireplaces, exposed beamed ceilings etc.

Also, there is air conditioning fitted together with CCTV throughout.

The Attractive Bar Servery Has an exposed stone front, heavy wooden bar top and is fully furnished with a full range of bar equipment including stainless steel encased wine chiller, stainless steel encased ice machine, three back bar double door fridges and touch screen till.

Passageway to Ancillary Rooms Has stone tiled floor, beamed ceilings, space for dumbwaiter and three storage areas.

Disabled WC

Private Function Room Easily seats 25.

With stone tiled floor, beamed ceilings, air conditioning and CCTV.

Extensively Furnished Commercial Kitchen Is professionally fitted with a full range of stainless steel encased commercial equipment including six-ring commercial hob and oven, large charcoal griddle, electric hot plate, stainless steel encased workstation with saladette and refrigerated station below, commercial microwaves, heated cabinet and professional coffee machine.

There is a separate wash-up area with pass through dishwasher and two deep bowl sink units.

Walk-in Cold Room

Heavy wooden staircase leads to:

Substantial First Floor landing with stripped wooden floor, exposed stone walls and attractive wall light fittings.

Gents WC With two low level flush WCs. A well presented space.

Ladies WC With three low level flush WCs, tiled walls and two wash hand basins inset to marble worktop.

Large Storeroom With fitted shelving and non-slip floor.

Large Office With en-suite bathroom having low level flush WC and walk-in double shower.

The Property Is presented in excellent condition with gas fired central heating powered by newly fitted boiler and a modern hot water system.

The Business Has been owned and operated by our client for the past 44 years. The business opens 5 days a week from 6 pm until close, although last orders are 8.45 pm. The business does not open on Sunday or Monday.

The premises licence allows alcohol for sale until 4 am.

Annual turnover based on the above is in excess of £400,000 (net of VAT). Working owners will show a net profit of over £100,000 after rent.

Tenure The property is offered on the basis of a brand new commercial lease for a period of 15 years with an initial annual rent of £35,000.

Rateable Value From 1 April 2023 the rateable value will be £9,800. This is not the amount you will pay.