Business Summary

Popular Restaurant Cinderford, Gloucestershire

Town center location

3 bedroom owners accommodation

Excellent turnover and profits

Excellent local reputation.

Falcon Commercial is delighted to offer for sale this popular Restaurant which benefits from good sized, self-contained 3 bedroom accommodation. It has been under the proud ownership of our clients since 2011 during which time it has undergone extensive refurbishment. It is now reluctantly being placed on the market as the vendors’ wishes to purchase another business out of the area. During our clients stewardship the business has built up an excellent reputation for its welcoming atmosphere and good food particularly it’s Pizzas that are cooked in a wood fired brick oven.

Operating from substantial landmark premises of real charm and character, the business currently offers a full and varied menu of Pizzas, Pasta, Steak, seafood side orders, desserts and beverages, all prepared freshly to order in its extensively equipped catering kitchen and served in the very pleasant surroundings of two tastefully furnished and appointed dedicated dining areas, which can accommodate up to 40 covers in style and comfort.

Sophia’s is run by our clients with help from a dedicated team of part time staff. The business generates a turnover in the region of £60,000 per year and enjoys high gross profit margins. This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

The Premises

Two storey substantial and well maintained leasehold building benefiting from being in a highly visible position on one of the main roads that runs through this popular town. The premises are fitted and presented to high trade specifications throughout. These charming, character parade premises provide outstanding and highly functional internal business accommodation as well as good sized self-contained 3 bedroom owner’s accommodation with veranda. The accommodation briefly comprise:

Ground Floor

Central entrance with restaurant areas either side
Customer reception area
Main dinning room which has approximately 20 covers at tables and chairs.
Second dining room which has an additional 20 covers
Well-equipped catering kitchen with extraction that features a wood fired brick oven.
Washing up room with double stainless steel sink unit
Staff toilet
Cellar
Customer toilet
Separate entrance to owners accommodation

First Floor

Kitchen
Lounge
Double bedroom with door leading out onto a veranda
Double bedroom
Bathroom
Double bedroom

Tenure

The business is offered with the benefit of a secure free of tie 15 year lease of which 13 years are remaining. The current rent payable is £15,600 per year.

Opening Hours

5.00pm – 1.00pm Tuesday – Saturday only
Business Rates

Business rates payable: Nil

Stock

The business stock value is approximately £5000.

EPC

Commercial Energy Performance rating: F

Location

This former mining town and industrial capital of the Forest is quietly undergoing a revival, attracting new businesses into the area. The center of the town, called The Triangle, has two fine sculptures – the town’s war memorial plus a statue of local freeminer, Dave Harvey.

Nearby in Soudley is one of the area’s premier visitor attractions, the Dean Heritage Center, which offers a fascinating insight into the area’s past. It also allows visitors the opportunity to see traditional craftsmen at work, view art exhibitions in The Gallery, plus it organizes a range of interesting family events throughout the year.

Population Cinderford 8,171 (2004).

Property Details