24.11.2012 Views

THE BANK BAR CAFÉ - BusinessesForSale.com

THE BANK BAR CAFÉ - BusinessesForSale.com

THE BANK BAR CAFÉ - BusinessesForSale.com

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>THE</strong> <strong>BANK</strong> <strong>BAR</strong> <strong>CAFÉ</strong><br />

33/35 BAMPTON STREET • TIVERTON<br />

DEVON • EX16 6AH<br />

The Bank Café Bar is a contemporary, town centre pub situated in a highly visible main road location. This<br />

highly popular and well supported business also benefits from four, two bedroomed self contained flats,<br />

suitable for letting out or owner occupation.<br />

Main Trade Area (34 Covers) � Second Trade area (20 Covers) � Commercial Kitchen<br />

Ladies, Gents and Disabled Cloakrooms � Large Trade Gardens � Four Residential Flats (2 Bedroom)<br />

Turnover for the Year Ending 5 th April 2011 £325,452 ex VAT<br />

PRICE: £650,000 FREEHOLD<br />

To include trade inventory & Goodwill<br />

Ref 233590<br />

01803 21 21 42


LOCATION<br />

Tiverton is a bustling market town rich in history and the largest town in Mid Devon with a population of approximately<br />

17,500. It is situated to the north of the City of Exeter (15 miles) and south west of Taunton (20 miles) on the A396 which<br />

links to Junction 27 of the M5, some 5 miles distant. Standing on two rivers, the Lowman and the Exe, the name<br />

"Tiverton" originates from the word "Twy-Ford" or two fords which relate to the fords across the rivers. The Bank Bar and<br />

Café is situated on Bampton Street in the centre of the town in a highly visible, main road position.<br />

DESCRIPTION<br />

The Bank Bar Café is a popular and successful daytime and evening venue, being popular in the day for breakfasts,<br />

morning coffee and lunchtime meals and drinks, and in the evening is a well supported and busy pub with a strong local<br />

following. With an excellent wet trade backed up by a good pub food offering, the Bank Bar Café is an ideal opportunity<br />

to build on an already successful business.<br />

The ac<strong>com</strong>modation briefly <strong>com</strong>prises:-<br />

Attractive double doors to:-<br />

MAIN TRADE AREA<br />

Windows to the front and side, stripped wooden flooring,<br />

seating for approximately 34 at a mixture of timber tables<br />

with upholstered high back chairs and leather style twin<br />

seater settees with low level coffee style tables. Four flat<br />

screen televisions, wall light points and 2 AWP machines.<br />

<strong>BAR</strong> SERVERY with dark granite top, 2 hand pumps for<br />

real ales, good selection of beer fonts, non slip flooring, 2<br />

electronic tills, <strong>com</strong>mercial glass washing machine, glass<br />

fronted bottle fridge, large glass fronted double bottle<br />

fridge, glass fronted wine fridge, Wega coffee machine, hot<br />

chocolate machine, shelves under the bar for glass<br />

storage and back bar with optics and shelves under for<br />

storage.<br />

SECOND TRADE AREA/DINING ROOM<br />

With door from the main bar. Window to the rear,<br />

attractive flooring, seating for 20 at timber topped tables<br />

with high back upholstered chairs. Central heating radiator.<br />

Door to:-<br />

DISABLED/BABY CHANGING WC<br />

Non slip flooring, close couple WC, wash hand basin,<br />

electric hand dryer, baby changing table and central<br />

heating radiator.<br />

Stairs down to LOWER GROUND FLOOR<br />

Door to TEMPERATURE CONTROLLED BEER CELLAR<br />

with ring main and python system and stillages for real<br />

ales.<br />

Door to COMMERCIAL KITCHEN<br />

Well equipped with non slip flooring, 6 ring gas range with<br />

oven under, Lincat stainless steel double deep fat fryer,<br />

Buffalo electric griddle, 4 Samsung <strong>com</strong>mercial<br />

microwaves, stainless steel preparation tables, double<br />

stainless steel deep sink with single drainer and shelves<br />

for storage.<br />

Door to FRIDGE AND FREEZER ROOM<br />

Ceramic tiled floor. Four Beko upright fridges, two<br />

Frigidaire upright freezers, two Hotpoint small fridges.<br />

Parry electric contact grill, Dualit toaster and chest freezer.<br />

Door to WASH UP AREA<br />

Non slip flooring, roll edge work surfaces with inset<br />

stainless steel sink and drainer, chest freezer and dumb<br />

waiter to the bar upstairs.<br />

Original Safe door to DRY GOODS STORAGE ROOM<br />

With shelves for storage and ceramic floor. This used to be<br />

the ‘Strong Room’ of the bank.<br />

LADIES CLOAKROOM<br />

Non slip flooring, 3 cubicles with close couple WC’s, vanity<br />

unit with 2 inset wash hand basins, electric hand dryer and<br />

central heating radiator.<br />

GENTS CLOAKROOM<br />

Non slip flooring, 3 wall hung urinals, single cubicle with<br />

close couple WC, 2 wash hand basins, electric hand dryer<br />

and central heating radiator.<br />

Door to GOOD SIZE STORE ROOM<br />

With shelves for storage.<br />

OUTSIDE<br />

To the rear of the property, with access via the Second<br />

Trade Area, is a paved TRADE GARDEN with seating for<br />

15 at glass top tables with outdoor chairs. Steps up to a<br />

further decked area with seating for approximately 32 at<br />

glass topped tables with outside patio chairs.<br />

SEPARATE DISABLED ACCESS TO <strong>THE</strong> SIDE VIA A<br />

GATE.<br />

<strong>THE</strong> FLATS:-<br />

The flats have their own private entrance via a door off<br />

Bampton Street.<br />

FLAT 1<br />

Front door to entrance hall with doors to:-<br />

LOUNGE<br />

Window to the side, carpeted, central heating radiator.<br />

BEDROOM 1<br />

Double bedroom, window to the side, carpeted, radiator.<br />

BEDROOM 2<br />

Single bedroom, window to the side, carpeted, radiator.<br />

KITCHEN<br />

With vinyl floor, a range of light, base and wall units with<br />

roll edge work surfaces over, splash backs, inset stainless<br />

steel sink and drainer, plumbing for washing machine,<br />

space for tumble dryer and gas cooker point.


BATHROOM<br />

With panelled bath, splash back surround and shower<br />

fitting over, close couple WC, pedestal wash hand basin,<br />

central heating radiator.<br />

FLAT 2<br />

Front door to ENTRANCE HALL door to:-<br />

LOUNGE/KITCHEN<br />

2 Windows to the side, partly carpeted to Lounge area with<br />

radiator, Television aerial point, telephone point. Kitchen<br />

Area with vinyl floor, a range of light, base and wall units<br />

with roll edge work surfaces over, splash backs, inset<br />

stainless steel sink and drainer, plumbing for washing<br />

machine, space for tumble dryer, gas cooker point.<br />

MAIN BEDROOM<br />

Double room, window to the side, carpeted, central heating<br />

radiator, door to<br />

EN SUITE SHOWER ROOM<br />

Window to the rear, attractive corner shower cubicle with<br />

shower fitting over, close couple WC, pedestal wash hand<br />

basin, central heating radiator.<br />

BEDROOM 2/LOUNGE<br />

Window to the rear, carpeted, central heating radiator. (NB<br />

currently used as Lounge, but could be used as second<br />

bedroom).<br />

BATHROOM/WC<br />

With panelled bath, splash back surround and shower<br />

fitting over, close couple WC, pedestal wash hand basin,<br />

central heating radiator.<br />

FLATS 3 AND 4 are located on the second floor and have<br />

the same ac<strong>com</strong>modation as Flats 1 and 2, with the<br />

exception of the en suite shower room (flat 2 only). Each<br />

flat has its own private parking space in the car park to the<br />

rear of the property.<br />

GENERAL INFORMATION<br />

RATEABLE VALUE<br />

£18,850. Rates payable £9,413.45. There will also be a<br />

Council Tax element . For information, we advise you to<br />

contact the Local Authority, Mid Devon Borough Council<br />

Tel. 01884 255255<br />

<strong>THE</strong> BUSINESS<br />

Is that of a busy, town centre public house. Currently run<br />

by the owner with a full time staff of five and a small team<br />

of part timers, the business is currently open from 9.00am<br />

until late evening close, seven days a week. From early<br />

morning breakfast to the daytime coffee and lunches and<br />

traditional evening pub trade, the Bank Bar Café draws<br />

business from both locals and visitors to the town alike.<br />

Since being in the current owner’s hands, the business<br />

has grown substantially every year despite the difficult<br />

economic climate, and is very much the pub of choice in<br />

the town. With the benefit of a sizeable trade garden<br />

situated to the rear, the daytime “café” trade, the evening<br />

pub business and the in<strong>com</strong>e provided from the long term<br />

letting of the four residential flats on the first and second<br />

floors, the business has the benefit of several in<strong>com</strong>e<br />

streams.<br />

SERVICES<br />

We are informed that all mains services are connected.<br />

INVENTORY<br />

To include furnishings and equipment as per an inventory<br />

to be supplied, but excluding the owners personal effects.<br />

STOCK<br />

Wet and Dry stock in trade and Bar Glassware will be<br />

taken over by the purchaser at valuation on the day of<br />

<strong>com</strong>pletion.


IMPORTANT NOTE: Messrs Bettesworths for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i)<br />

the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; (ii) no person in the<br />

employment of Messrs Bettesworths has any authority to make or give representation or warranty whatever in relation to this property. The fittings,<br />

equipment and services have not been tested by the agents.<br />

VIEWING: By appointment with the Agents – BETTESWORTHS<br />

01803 212142<br />

Chartered Surveyors ● Hotel & Licensed Property Agents<br />

B365 Printed by Ravensworth 0870 112 5306

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!