THE BANK BAR CAFÉ - BusinessesForSale.com
THE BANK BAR CAFÉ - BusinessesForSale.com
THE BANK BAR CAFÉ - BusinessesForSale.com
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