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De La Hayes Restaurant, High Street

For sale: £2,895,000.00|1808 - 6005 Sq Ft|Restaurants/Cafes, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£2,895,000.00
SIZE1808 - 6005 Sq Ft
ADDRESSDe La Hayes Restaurant, High Street, Bourton On The Water, Cheltenham, GL54 2AN
TYPERestaurants/Cafes, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON14th September 2020

DESCRIPTION

Key Points

  • Attractive Grade II listed property in sought after Cotswolds town
  • Comprising of high end café/restaurant, fish and chip takeaway unit and bakery/pizzeria
  • High quality fit-out with all fixtures and fittings included
  • Net Turnover of £1,713,442 (Oct 18 to Sep 19)
  • 110 internal covers and in excess of 250 external covers
  • River views
  • First floor owners/managers accommodation
  • Summary

    Rare freehold with all fixtures and fittings available. First time the restaurant has hit the market in over 15 years.

    Description

    The property is located on a corner site where the High Street meets Sherborne Street. It is Grade II listed and falls under the Cotswold AONB and within the Bourton-on-the-Water Conservation Area. Windrush Restaurant was historically a mid-19th Century house, constructed of coursed rubble Cotswold stone walls and hipped welsh slate roofs with generous eaves, typical of its period. Some important features include high quality ashlar stone surrounds to doors and windows, some sash windows and a large arch headed stair window to the rear with attractive margined and curved glazing divisions. The building has been extensively altered and renovated to form the existing restaurant, with an adjacent fish and chip shop, and bakery/pizzeria, along with first floor accommodation. The property underwent an extensive redesign and refurbishment in 2017. Work to the trading areas was overseen by a professional architect and design team and has been finished to a very high standard. The building has been split into three separate trading units with the restaurant and café accessed off Sherborne Street. Upon entering the restaurant there is a bar/café servery with seating to the left of the entrance. There is a function/over-spill area to the right. The restaurant kitchen and WC’s are located to the rear. An internal corridor links to the other two units which are accessed off the High Street, but are clearly capable of future integration. The bakery and fish and chip shop are similar in size and share a high specification commercial kitchen to the rear. There are two external trade gardens. The first is associated with the restaurant and is accessed from Sherborne Street. This provides 125 covers attractively enclosed with paving and lawned area with attractive wrought-iron furniture scattered throughout, over-looking the river. The second trade garden is not enclosed but still falls within the freehold demise and provides wooden benches with seating for approximately 170 customers. In addition to the above there is car and delivery access off Sherborne Street with parking available, leading to a courtyard. Beyond this area is the refrigeration, storage and refuse areas associated with the restaurant.

    Viewings

    For a formal viewing, strictly by appointment with Savills. The business has been closed since lockdown and does not intend to re-open until social distancing measures have been removed.

    Location

    Bourton on the Water is a rural Cotswolds village, located approximately 22 miles (35 km) east of Gloucester, situated on the River Windrush. At the western end of High Street and Lansdowne is the A429 providing quick access to the A40 leading west to Cheltenham and Gloucester and east to Oxford. The Property occupies a prominent position along Bourton on the Water’s main thoroughfare, adjacent to the Motor Museum and main shopping street. The River Windrush and surrounding area is known for both its scenic walks and cycle routes with walking tours and bicycle hires shops in the centre of Bourton on the Water.

    Terms

    Freehold with the benefit of vacant possession on completion.

    LOCATION

    Location: De La Hayes Restaurant, High Street, Bourton On The Water, Cheltenham, GL54 2AN

    Kingham (5.7 miles)

    Shipton (7.2 miles)

    Moreton-in-Marsh (7.8 miles)

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