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image  Cheap Street, Frome, Somerset, BA11


image ££465,000

Property Description

DESCRIPTION
A rare opportunity to acquire the freehold property and business of The Settle Restaurant and Tea Rooms, Frome which offers approx. 100 covers. Situated within a prime town centre position at Cheap Street. An attractive location which boasts the medieval leat and is part of the conservation area.

The building comprises a mid-terrace Grade II listed property arranged over three storeys with the internal accommodation comprised as follows.

Principal dining area, with double frontage windows, attractive central gas fire and sales area. Dry store. Large commercial kitchen, with preparation room and walk-in cold store.

The first floor benefits a lounge bar area. WCs. Vaulted ceiling restaurant dining area with log fireplace and separate means of access to Eagle Lane.

Second floor provides access to former living quarters currently used as storage but can provide shower room, bedroom and ancillary walk-through living room.

Gross internal area approx.: 192.04m2 (2,067ft2)


Business

The freehold sale will include all business fixtures, fittings and goodwill. An inventory will be provided of all trade inventory as required. Stock will be at cost at the date of completion.

Settle Restaurant has an overall excellent review on TripAdvisor with 4.5-star rating. Whilst already an excellent owner run restaurant business it has further potential of growth through increased opening hours, evening opening and Sunday trade as well as the opportunity to utilise the former living quarters.

Current hours: Monday to Saturday 9am – 5pm

Financial information and business accounts are available from the Vendor following an accompanied view at the discretion of the Vendor.

Staffing: a full staff list will be made available.
TUPE regulations may apply.

Premises Licence; permitted 6 days a week from 11am – 12 midnight and Sunday 11.30am – 11.30pm.


Additional documents

Frome

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