About this property
Opportunity to buy or lease this attractive tea gardens set in the heart of the popular tourist destination of Godshill. Indoor and outdoor seating. Newly fitted kitchen. Licensed. Recently refurbished by the current owners the Olive Garden provides the opportunity to take over a fully operational premises and business and grow it to their own needs.
LOCATION
The Olive Garden is set in a prominent position, fronting the High Street, within this popular tourist village. Godshill is located close to the centre of the Island and attracts a high footfall of tourists visiting the village for its various attractions including the Model Village, specialist shops and cafes. There is a free public car park within easy walking distance. Godshill is well served by public transport and is on a main bus route.
DESCRIPTION
Several entrances to the gardens from the High Street. Long highly visible street frontage. Indoor and outdoor seating areas providing 170 to 180 covers in total.
Entrance from the gardens to the indoor seating area providing 48 covers in two dining areas provided over a range of tables. A light and airy space.Wood burning stove and Ladies and Gents WC.
Entrance to bar and serving counter, the premises are licensed. Fully equipped with fridges, till etc.
Doors to newly equipped and fully fitted kitchen. Separate washing up and sweet preparation areas. Store room.
Outside there are approximate 120 covers within the attractive gardens arranged over a number of seating areas including a paved terrace, lawns and a raised lawn area.
The Business
The tea gardens have recently been refurbished to a high standard by the current owners and now provide a premises and business ready to be taken on by new owners and grown to fit their own needs with the opportunity to provide longer opening hours and offering catered events.
TERMS
Our clients are asking offers in the region of £395,000 for the freehold, to include fixtures and fittings.
Also available to lease. Price to be confirmed.
OUTGOINGS
The VOA shows a rateable value of £12,000. The rates payable would be circa £6144 per annum, not including any applicable small business rates relief.
VIEWING
All viewings to be arranged by HRD Commercial. Please call 019083 527727 or email commercial @hidiw,co.uk
