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Excellent Rutland Bar-Restaurant With Letting Rooms For Lease

Oakham, Leicestershire
Asking Price:
£150,000
Sales Revenue:
£500K - £1M
Cash Flow:
£100K - £250K

• Tremendous bar & restaurant in the centre of popular Rutland town
• 7 Ensuite letting rooms with modern, stylish design
• Completely refurbished to the highest standard in 2016
• Outdoor terrace with seating for 80
• Long free of tie lease

The Mill Street Pub & Kitchen is a three-storey detached property of brick and stone elevations beneath a pitched slate tiled roof. The trading areas briefly comprise an entrance hall, with feature glass fronted wine store and access to, Bar Area with bar servery, feature fireplace, a mixture of upholstered and barstool style seating, open kitchen pass and steps down to restaurant area; Sung,with upholstered perimeter seating, open feature fireplace and wooden flooring and Private Dining Room, with approximately 12 covers.

The main Restaurant has split levels and seats approx 72 covers in total, with upholstered perimeter seating, access to Ladies, Gents and Disabled W.C.s and steps down to conservatory dining area. The Cavern Bar, is a brick basement bar with bar servery, perimeter and free-standing seating.

The letting accommodation is located on the first floor, with seven ensuite rooms in total all individually decorated with a stylish and modern design and well equipped. The letting accommodation comprises 3x Twin Rooms, 3x Double Rooms and 1x Family Room.

The venue benefits from a fully equipped commercial kitchen with open pass to the trading areas, wash-up room and walk-in fridge with dry store to the rear. The basement ancillary areas comprise a beer cellar, store room and spirit store cupboard. The domestic accommodation to the third floor briefly comprises three bedrooms, small ‘living area’ and small kitchenette with fire escape.

To the exterior, the property has an attractive paved terrace to the side and rear, with seating for approx 80, covered smoking shelter and wood store and car parking to the rear (10).

Property information

Property:

Leasehold

Leasehold Type:
Existing

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