Monnow Street, Monmouth OIRO £775,000

• HIGH TURNOVER
• SUBSTANTIAL PREMISES/ACCOMMODATION
• OFFICES TO THE FIRST FLOOR
• DUPLEX APARTMENT TO THE FIRST AND SECOND FLOOR
• INSIDE 42 SEAT RESTAURANT
• OUTSIDE 48 SEAT EATING COURTYARD
• TOWN CENTRE LOCATION
• CLOSE TO LOCAL AMENITIES
• FULLY FITTED
• ESTABLISHED & ATTRACTIVE BUSINESS

A traditional sit down and take away chippie, situated right next to the historic Monnow bridge in the heart of picturesque Roman Monmouth occupying a busy trading position for both local and tourist trade.

In addition to the affluent local population, the picturesque setting attracts custom throughout the year from day trippers, cyclists and walkers who pass through the village when proceeding to/from the village and river.

Monmouth is an ancient market town with a Roman foundation and as a border garrison between the English and Welsh, was endowed with a fine castle. It remained prosperous throughout the 18th and 19th centuries and is now a major tourist centre.

What has survived, however, is the Monnow bridge, the UK's finest 13th century town fortification of its kind. It was intended to defend the town from incursions by the Welsh and was provided with a portcullis and gate. In this, it was only partially successful, as the River Monnow is narrow and shallow and is easily forded nearby. But like most gatehouses, it was equally important as a means to collect taxes and control the passage of visitors into the town. Although much altered (again by the Victorians), it remains an evocative symbol of an earlier period.

The business was established by our vendor client in 1978 and operates as a dual Fish & Chip Take-Away and restaurant opening Monday to Saturday from 12:00pm to 8:00 pm. The sales are derived from both ‘over-the-counter’ take-away and seated with menu choice. The current owners don’t offer a delivery service which provides the buyer with an excellent opportunity to expand the delivery service and possibly late night extended hours.

An inspection is invited of this well located fast food take-away and café which provides business growth opportunities. Located in a premier location with public parking opposite the premises.

The property has been in the same family ownership for 40 years plus

Reasons For Selling: Phased Retirement

Current Business Established: 1978

Entrance Lobby;
Door from the public footpath into the entrance lobby, door to the serving area and door to the internal lobby. Cupboard housing the electric meter and tiled floor.

Inner Hallway;
Stairs to first floor, walk in under stairs cupboard, tiled floor.

Serving Room;
Comprising of the traditional fish and chip shop serving counter with warming ovens, following through to the kitchen and prep room, chipping room, restaurant and door to the rear courtyard and client rest rooms.

The first floor hosts accommodation which can be utilised as bedrooms, offices, store rooms with the rear accommodation being a self-contained apartment of generous size. The second floor has a large double bedroom with sky lights and exposed ceiling beams.

Whilst reading through this brochure, we would advise you to also read in conjunction with the floorplan.

Front Serving Room:
Three Hot Cabinets
Three pan automatic Preston & Thomas frying range
Two preparation tables.
8 pot sauce warming appliance.
Polar Refrigerator for cold drinks.
Beko Fridge/Freezer.
1x Barbeque King rotisserie.
3 x chalk boards.
Rinse hand basin
1 x cash till.

Kitchen;
1 x deep freeze
2 x microwaves
Stainless steel shelving
3 x stainless steel preparation tables
Double sink unit
Washing machine
Large 5 ring oven
Serving hatch
1 x freezer
Walk-in cold room

Chipping Room;
2 x chippers
3 x potato bins
Double drainer sink unit
Wall shelving
Double glazed window and door to outside.

Inner Hallway;
Serving hatch from the kitchen providing service to the dining room. Door to rear courtyard. Opening access into the customer restaurant.

Restaurant;
With seating for 42 customers, bench seating, radiator, refrigerated counter, coffee machine, hot water machine, bi folding doors out into courtyard.

Outside;
Outside seating for 48 customers comprising of 8 seater benches with umbrellas, a selection of shrubs in pots, Indian sandstone flooring, fenced surroundings.

Separate male and female WC’s, path leading to the private grounds with sheds.

The rear private gardens are all laid with Indian sandstone.

The first and second floor accommodation is accessed via the ground floor entrance and lobby area.

First Floor;
Landing with steps to both front and rear aspect accommodation, further stairs to the second floor bedroom.

Front aspect offices and/or bedrooms.

Room One;
Front aspect currently used as a bedroom, double glazed window to Front and exposed ceiling beam.

Room Two;
Currently used as an office with double glazed window.

Room Three;
Used as a storeroom with new carpet, roof light and cupboards.

From the first floor landing, steps will lead to the rear aspect contemporary living accommodation.

Entrance Lobby;
With laminate flooring, doors to lounge and shower room.

Lounge;
The most supersize lounge having bi-folding doors into a balcony, decking and iron railings, views.
laminate flooring, radiators, coved ceiling and access to loft space.

Kitchen;
A modern contemporary kitchen with base units, sink unit, worktop surfaces, gas cooker point, Upvc double glazed window, plumbing for washing machine and breakfast bar.

Shower Room;
With a walk in shower cubicle housing the thermostatic rainfall shower, metro tiled walls, WC, wash hand basin, recess ceiling lights, cupboard housing the Worcester gas boiler. Heated towel rail.

Top Floor;
With a turned staircase from the first floor, stairs will lead to a large bedroom.

Bedroom;
With original exposed ceiling beams, twin double glazed windows to the front aspect with views over the surrounding area, eaves storage cupboard and wall lights.

Client Notes
At the request of our client, all viewings must be strictly by prior arrangements only through Dean Estate Agents.

Planning Consent: Classes A3 & A5 (café/restaurant & hot food take-away)

Operating congenial hours, Monday to Saturday 12:00pm – 8:00pm

Well-equipped for the trade with quality fittings, this business is ready for continuation and further growth.

Asking Price:
£800,000 inc of commercial stock and goods at time of completion. Items contained within the residential aspect of the property are not included.

Turnover:
Undisclosed

Net Profit:
Undisclosed

Key financial information will be produced upon viewing to serious clients.

The sale will be inclusive of fixtures and fittings as detailed in the relevant forms supplied either by the agent of the sellers legal representatives, all commercial machinery will be included although no warranty will be provided as to their future use.

Costs: Clients are responsible for their own legal costs including any survey and/or additional legal costs.

VAT: Not chargeable.

Support & Training: - Our client is willing to help settle in any prospective buyer, for an agreed time.

Current Employees:

1 x staff manager
5 x fixed part time staff
4 x floating staff members
Seasonal workers employed summer and the festive season

Trading Information: - Full accounts and trading history will be made available to seriously interested parties after they have viewed the property. The business contents will be listed on an Inventory of fixtures & fittings and included within the sale. The residential apartment will be vacant possession.

Viewing Arrangements: - Dean Estate Agents highly advise early viewing to avoid disappointment.

Discreet customer visits are encouraged but on no account will any direct approach be entertained by the owners or their colleagues.

This business must be seen to be fully appreciated.

Fixtures & Fittings: - The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

Consumer Notes: Dean Estate Agents Ltd have prepared the information within this website/brochure with care and co-operation from the seller. It is intended to be indicative rather than definitive, without a guarantee of accuracy. Before you act upon any information provided, we request that you satisfy yourself about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose.
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