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Willowgate 1,706 SF Retail Building Pickering YO18 7BE $1,069,450 CAD ($626.88 CAD/SF)
INVESTMENT HIGHLIGHTS
- Roof Garden
- Fully licensed 38 cover dining area, bar, wc, commercial kitchen and storage
- Gas Central Heating
- Excellent Chain Free Freehold Business with fully furnished luxury accommodation
- 2 storey fully furnished light and spacious accommodation
- Well established and very profitable Fine Dining Restaurant
EXECUTIVE SUMMARY
A fine opportunity to acquire the freehold of this very profitable fine dining licensed restaurant with two storey two bedroomed fully furnished maisonette above, centrally located in the busy tourist town of Pickering.
The restaurant Willowgate Bistro is a highly regarded, long established business that enjoys an excellent reputation for its quality locally sourced food and fine dining experience. Currently the business opens on a Thursday, Friday and Saturday evening and achieves a turnover of around £ 150,000 per annum.
The ground floor consists of a 38 cover dining area, custom built solid oak bar, well equipped commercial kitchen, WC and dry storage area
The 2 storey upstairs accommodation consists of a porch, hallway, spacious living room looking out onto the market place, a luxury bathroom, a newly built kitchen and dining area leading out to a spacious private roof terrace with a stunning church view. On the 3rd floor there are 2 double bedrooms one of which has a walk in dressing room and a landing area with fitted wardrobes.
Ideal property for an owner occupied lifestyle business that makes money from the off or as the restaurant and fully furnished maisonette have separate utilities and entrances it would make an excellent investment property.
Extra Details :
The maisonette is council tax band A.
The restaurant has an EPC Rating of C valid until 2034 and a rateable value of £5,900
This property is not a listed building. Full accounts available for interested parties after viewing.
The restaurant Willowgate Bistro is a highly regarded, long established business that enjoys an excellent reputation for its quality locally sourced food and fine dining experience. Currently the business opens on a Thursday, Friday and Saturday evening and achieves a turnover of around £ 150,000 per annum.
The ground floor consists of a 38 cover dining area, custom built solid oak bar, well equipped commercial kitchen, WC and dry storage area
The 2 storey upstairs accommodation consists of a porch, hallway, spacious living room looking out onto the market place, a luxury bathroom, a newly built kitchen and dining area leading out to a spacious private roof terrace with a stunning church view. On the 3rd floor there are 2 double bedrooms one of which has a walk in dressing room and a landing area with fitted wardrobes.
Ideal property for an owner occupied lifestyle business that makes money from the off or as the restaurant and fully furnished maisonette have separate utilities and entrances it would make an excellent investment property.
Extra Details :
The maisonette is council tax band A.
The restaurant has an EPC Rating of C valid until 2034 and a rateable value of £5,900
This property is not a listed building. Full accounts available for interested parties after viewing.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,706 SF
Building Class
C
Year Built
1849
Price
$1,069,450 CAD
Price Per SF
$626.88 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.06
Lot Size
0.68 AC
Frontage
40’ on Willowgate
AMENITIES
- Restaurant
- Signage
- Energy Performance Rating - C
- Storage Space
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