Corve Street, Ludlow, Shropshire, SY8
Offers in excess of £100,000

An excellent opportunity to acquire a successful restaurant business in the heart of historic Ludlow. Located in an iconic building, formerly the Post Office, Bistro 7 has an excellent frontage on to Corve Street. Occupying the ground floor with a useful basement storage area and 4 allocated parking spaces. Leasehold/ Rent and Term by negotiation.

The current owners have established a thriving business with an excellent reputation using locally sourced ingredients. The restaurant is run with a team of two chefs and 7-8 waiting staff. With 50 covers and a lovely bar area Bistro 7 opens Tuesday to Saturdays for dinner. There is great scope to further expand the business by opening at lunchtimes. CEPC B.

Introduction
An excellent opportunity to acquire a successful restaurant business in the heart of historic Ludlow. Ludlow is an established market and tourist town, located in south Shropshire with a population of circa 11,000 people. The town has nearly 500 listed buildings and was described by Sir John Betjeman as probably the loveliest town in England. Ludlow has a reputation for the quality of its food and drink, boasting excellent bars and restaurants encouraged by the area's abundance of quality producers. Every September the town is filled with food lovers from all over the UK and beyond for the annual Ludlow Food and Drink Festival. It was voted in The Times recently as one of the loveliest towns to live in.Located in an iconic Grade II listed building, formerly the Post Office, Bistro 7 has an excellent frontage on to Corve Street. Occupying the ground floor with a useful basement storage area and 4 allocated parking spaces.The current owners have established a thriving business with an excellent reputation using locally sourced ingredients. The restaurant is run with a team of two chefs and 7-8 waiting staff. With 50 covers and a lovely bar area Bistro 7 opens Tuesday to Saturdays for dinner. There is great scope to further expand the business by opening at lunchtimes.Bistro 7 has a loyal local clientele and is also popular with tourists. It is a profitable and sustainable business which is passionate in supporting local suppliers.

Restaurant and Bar Area
80 sq.m (861 sq.ft) A lovely space with windows to Corve Street and a fitted bar area.

Kitchen
5.82m x 4.04m (19'1" x 13'3")
A fully equipped catering kitchen. An inventory of items to be included within the sale is available.

WC
Disabled wc facilities.

WC
Ladies Cloakroom.

Office/Store
4.00m x 2.18m (13'1" x 7'2")
With door opening to the side. Housing the gas fired central heating boiler.

Cellar
Accessed from a separate entrance oustide this is a useful storage area with light and power points approximately 28.23 sq.m.

Allocated Parking
To the rear of the building is a car park and there are four allocated parking spaces. There is also a useful storage shed in the car park.

Leasehold Details
Lease term by negotiation.Current rent £22,027 per annum.Rateable Value £17,250Rates payable - £8607.75 per annum.

Permitted Use
Under the terms of the current lease the premises must be used as a high class restaurant.

Location
City / Town