PREFERRED COMMERCIAL THE BARN RESTAURANT OLD DAIRY FARM CENTRE MAIN STREET UPPER STOWE NR WEEDON NORTHAMPTONSHIRE NN7 4SH CONTACT ROD BURNEY ON 08448 711484

Preferred Commercial is delighted to be instructed in the sale of The Barn Restaurant Old Dairy Farm Centre Main Street Upper Stowe Nr Weedon Northamptonshire NN7 4SH at an instructed asking price of £75,000 Leasehold.

The Barn Restaurant and Tea Rooms is set within a long established shopping and craft complex in the picturesque village of Upper Stowe, in Northamptonshire.  The restaurant is surrounded by a variety of complementary shops and businesses including florists, antique shop, sweet shop, hair and beauty salons as well as craft shops and benefits from ample parking with access for coaches. There are brown ‘Tourist’ signs in the local area with directions to the complex. The village lies just off the A5 and only 3.5 miles from junction 16 of the M1 motorway. The city of Northampton lies approximately 8 miles away, Daventry lies 8 miles to the northwest, while Towcester lies approximately 8 miles southeast.

Preferred Commercial is delighted to offer for sale this popular restaurant and tea rooms business, which was established in 1987 and which has been in our client’s hands since 2005. The restaurant is only now being placed on the market due to our client’s other business interests. The restaurant and tea rooms operate seven days a week from 10.00am – 5.00pm and generate a turnover in the region of £200,000 per annum with a gross profit of 67%. The business offers a variety of fayre including cream teas, snacks, home cooked meals and their popular Sunday roasts, using locally produced meats. At present the barn only opens in the evenings for special events and private functions, but a new owner could offer later openings on a regular basis to increase turnover. We are advised that there is a private lawn area, which with permission from the landlord, can be used for wedding marquees etc. The barn boasts up to 80 covers in delightful rustic surroundings, presented to a very high standard throughout. We feel this represents an ideal opportunity to acquire a thriving and well-established restaurant and tea rooms business in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

T/O:   £200,000 approx.
GP:  67%

Mon – Sun: 10.00am – 5.00pm

Restaurant and tea rooms in a historic converted barn, set over two levels. Briefly comprising:

• Main restaurant area with tables and chairs for 50 covers, wood burning stove
• Feature bar area with bar servery, optics display, 2 x refrigerators and bottled beers
• Ladies WC
• Gents WC
• Still room with chest freezer, upright freezer, 2 x domestic refrigerators, bean to cup coffee machine, urn, toaster and storage shelving
• Kitchen with hand wash basin, Hobart dishwasher, double stainless steel sink unit, fat trap unit, 6-burner hob and ovens, Salamander grill, hot cupboard, dough mixer, Robot Coupe food processor, 3 x upright stainless steel refrigerators, chiller cabinet, microwave oven and 4 x stainless steel preparation tables
• Dry store accessed from outside, with racking and shelving to suit

Accessed by an open staircase
• Additional restaurant and seating area with space for approximately 50 covers, used for private parties and functions

• Communal free car park serving the whole complex with space for approximately 50 cars
• Courtyard seating area with space for tables and chairs for approximately 50 covers

Leasehold
Original length:  New 10 year lease agrees
Review:   every 3 years
Rent:   £10,000 per annum

To view this business please contact Rod Burney at Preferred Commercial or a member of the sales team on Tel:08448 711484 and quote Ref:2927