Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Well Presented Free Of Tie Bar And Restaurant For Lease

Honiton, Devon
Asking Price:
£75,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The property
the railway is a substantial and highly impressive character detached free of tie bar and restaurant with letting rooms. The railway has been the subject of a substantial extension and refurbishment and consequently, the business is presented and furnished to an exceptionally high standard throughout. It currently offers 3 high quality ensuite letting bedrooms, attractively furnished and spacious open plan trading areas arranged as a main bar area (24+), 3 interconnecting dining areas (70), exceptionally well equipped commercial catering kitchen with associated ancillary facilities and a spacious and well presented 5 bedroom (2 ensuite) self contained owner's accommodation with sitting room, kitchen/breakfast room, bathroom and utility room. Externally, the property benefits from a raised decked area to the front of the property (30), and a private car park area to the rear for up to 10 vehicles. The railway is a highly regarded and exceptionally well presented town centre bar and restaurant with letting accommodation and a viewing is strongly recommended in order to fully appreciate the exceptional quality and standards inherent throughout all aspects of this business and property.

Situation
the railway is situated just off queen street, which leads from the main retail areas of new street and high street in the centre of the thriving market town of honiton. Honiton itself serves a large rural community and is particularly well known as an antique and book centre as well as having a host of national high street multiple retailers and a variety of independent shops. Honiton has excellent communication links with a mainline rail link to London and the a30 dual carriage way provides quick access to the cathedral city of exeter (15 miles); exeter city airport and the m5 motorway. The east devon and dorset coastline, designated as a world heritage site by unesco, is within 9 miles. The railway is surrounded by a large residential area and is also well positioned for access to all of the facilities within this highly desirable town.

Internal details
part glazed entrance door to front into entrance vestibule with part glazed doors into main bar area an attractive character room with slate flooring, wall mounted menu boards, part wood panelled walls, feature exposed brick fireplace with inset woodburning stove, wall mounted large screen colour television, range of free standing wooden topped tables, chairs, bar stools and substantial l shaped leather perimeter sofa comfortably seating 24 customers plus adequate standing room. Curved fronted and polished timber topped feature bar servery fitted with associated back bar fittings and display shelving with tiled flooring, two glass fronted bottle fridges, undercounter fridge, glass washer, stainless steel sink unit, faema commercial coffee machine, coffee grinder, and epos touch screen cash register. Disabled wc. Open plan from the main bar area into dining area 1 with carpeted flooring, part wood panelled walls, feature exposed brickwork, open theatre style serving hatch from the kitchen, free standing wooden topped tables and chairs comfortably seating 16 customers. Open plan into dining area 2 a continuation in style and theme, with carpeted flooring, wall mounted menu boards, part wood panelled walls, range of free standing wooden topped tables and chairs comfortably seating 24. Open plan into dining area 3/restaurant with solid oak flooring, part wood panelled walls, free standing wooden topped tables, chairs and leather perimeter seating comfortably for 30 customers with french doors to the rear. Ladies and gents wc's. Commercial catering kitchen with altro flooring, part stainless steel and part wipe clean clad walls, fully equipped to an exceptionally high standard with a comprehensive range of commercial catering equipment to include:- extractor system with stainless steel canopy over and gas interlock, 6 burner gas range, commercial pizza oven, flat topped griddle, 2 drawer under counter commercial fridge unit, single floor standing deep fat fryer, single table top deep fat fryer, grill, warming cabinet, lit serving gantry, two x 3 door under counter commercial fridge units, saladette, under counter freezer, 2 door undercounter commercial fridge, 3 door undercounter commercial fridge with saladette over, electric oven, wall shelving, commercial microwave oven, racked shelving units and door to rear. Wash up area with altro flooring, part stainless steel and part wipe clean clad walls, 2 deep bowl stainless steel sink units, pass through commercial dishwasher with tray slide and stainless steel hand basin. Basement with beer cellar being temperature controlled, and separate bottle store.

Please note: the fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

Letting accommodation
the railway inn offers 3 individually designed high quality ensuite letting bedrooms which benefit from having an independent access to the rear of the property. The high quality rooms are presented and equipped to an exceptionally high standard with remote control flat screen tv's, tea and coffee making facilities with coffee machines, alarm clock radios, hair dryers and wi-fi. The bedrooms are well proportioned and briefly comprise: - bedroom 1 a spacious twin/double room with zip and link beds and an ensuite bathroom with shower over bath. Bedroom 2 a spacious twin/double bedroom with zip and link beds and an ensuite shower room. Bedroom 3 a good sized double bedroom with ensuite shower room. Please note that the property has been designed so that the two ensuite bedrooms within the owner's accommodation can be easily utilised as additional letting rooms, if so desired.

Owner's accommodation
situated on the first floor is the spacious and well appointed owner's apartment which is completely self-contained and accessed through its own private entrance door to the rear. The impressive and flexible family sized owner's apartment briefly comprises: - sitting room with aspect to the front, kitchen/breakfast room fitted with a range of wall and base mounted kitchen units with complimentary work surfaces and built in hob and oven. Separate utility room. Bedroom 1 good sized double bedroom with aspect to the rear and an ensuite bathroom with shower over bath. Bedroom 2 a generous double bedroom with aspect to the front and ensuite shower room. Bedroom 3 a single room with aspect to the front. Bedroom 4 a double bedroom on the second floor with aspect to side. Bedroom 5 a double bedroom on the second floor with aspect to the side. Family bathroom. Two of the bedrooms have been configured to be easily separated to create 2 ensuite letting rooms. This would still leave a self-contained 3 bedroom owner's apartment.

External details
raised enclosed decked seating area to the front of the property with wooden bench seating for 30 customers. To the rear of the property is a gravelled private car park area with space for up to 10 vehicles. Separate stand-alone preparation room/catering unit being fully equipped to a high standard with altro flooring, part tiled and part lined walls, spare commercial catering equipment including a chargrill and a flat top griddle. With stainless steel sink unit, turbo fan oven, commercial mixer, extensive shelving, commercial upright freezer, 2 double fronted commercial fridges. Covered bin store area.

The business
The Railway Inn is presented to an extremely high standard throughout and trades as a quality bar and restaurant with letting rooms located in a residential area close to the town centre of this popular East Devon market town. With modern contemporary décor enhancing the character of the property, the Railway Inn is a successful and well-regarded business.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

We are advised that The Railway is held on a 15 year, Fully Repairing & Insuring, Free of Tie lease effective from 2018 with the benefit of security of tenure. Current passing rent £38,000, fixed until 2024 and then subject to rent reviews every 3 years. Full details upon request.

Location:

The Railway is situated just off Queen Street, which leads from the main retail areas of New Street and High Street in the centre of the thriving market town of Honiton. Honiton itself serves a large rural community and is particularly well known as an antique and book centre as well as having a host of national high street multiple retailers and a variety of independent shops. Honiton has excellent communication links with a mainline rail link to London and the A30 dual carriage way provides quick access to the cathedral city of Exeter (15 miles); Exeter city airport and the M5 motorway. The East Devon and Dorset coastline, designated as a world heritage site by UNESCO, is within 9 miles. The Railway is surrounded by a large residential area and is also well positioned for access to all of the facilities within this highly desirable town.

Premises Details:

The Railway is a substantial and highly impressive character detached free of tie bar and restaurant with letting rooms. The Railway has been the subject of a substantial extension and refurbishment and consequently, the business is presented and furnished to an exceptionally high standard throughout. It currently offers 3 high quality Ensuite Letting Bedrooms, attractively furnished and spacious open plan trading areas arranged as a Main Bar Area (24+), 3 Interconnecting Dining Areas (70), exceptionally well equipped Commercial Catering Kitchen with associated Ancillary Facilities and a spacious and well presented 5 Bedroom (2 Ensuite) Self Contained Owner’s Accommodation with Sitting Room, Kitchen/Breakfast Room, Bathroom and Utility Room. Externally, the property benefits from a Raised Decked Area to the front of the property (30), and a Private Car Park Area to the rear for up to 10 vehicles. The Railway is a highly regarded and exceptionally well presented town centre bar and restaurant with letting accommodation and a viewing is strongly recommended in order to fully appreciate the exceptional quality and standards inherent throughout all aspects of this business and property.

Business Operation

Trading hours:

The Railway Inn trades from midday until 2.30pm Friday and Saturday and from 5pm until 10.30pm Monday until Saturday. The business is closed on Sundays and on Monday to Thursday at lunch times.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Stonesmith. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here