L'Ortolan, Church Lane, Shinfield, Reading, Berkshire, RG2 9BY
Business rates & charges may apply
- SIZE
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- SECTOR
Restaurant for sale
Key features
- Grade II listed former vicarage
- 80 cover fine dining restaurant
- 40 cover patio, mature gardens and parking
- Sits in a 1.1 acre plot
- Well established restaurant for over 30 years
- Total internal area c.6000 sq ft. EPC exempt
- Christie & Co Ref: 3867948
Description
The property is a Grade II Listed former Vicarage, built in Gothic Revival style brick elevations with quoins, cornicing and stone mullion windows, under a flat roof.
Externally there is a large patio terrace abutting the restaurant, mature gardens and two gravel laid car parks providing parking for approximately 40 vehicles.
L’Ortolan is located on the edge of the affluent village of Shinfield, situated approximately five miles to the south of Reading and seven miles to the west of Wokingham in Berkshire.
Internal DetailsInternally the property provides an 80 cover restaurant decorated to a high specification arranged over two floors with various private dining areas and a demo studio.
The rear of the property at ground floor provides an extensive commercial kitchen and WC facilities. The first floor provides further dining areas, office and store.
The cellar is located at basement level.
There is a separate detached annexe which is used as an office.
We have been advised that all trade fixtures and fittings are included with the exception of any personal items. An inventory will be provided once a deal is agreed.
External DetailsExternally there is a large patio terrace abutting the restaurant, mature gardens and two gravel laid car parks providing parking for approximately 40 vehicles
The OpportunityThe opportunity exists to acquire the freehold investment in this award winning restaurant let to Newfee Ltd, whom have been trading from the venue for over 20 years. The restaurant operates as a high end destination premises, having secured many accolades and is one of Reading's only fine dining restaurants, with modern French cuisine.
Trading InformationWe have been provided with trading accounts and can confirm that the restaurant has been consistently generating a net turnover in the order of £1.5 million.
Trading accounts will be supplied to interested parties upon request. The site is also underpinned by its alternative use potential (STPP).
The property has recently been granted planning permission for change of use to residential allowing a new owner increased options for the site.
Business RatesWe understand that the Rateable Value for the property is £78,100. Please check the government website for the latest multiplier for England.
RegulatoryPremises licence
Energy Performance Certificates
EPC 1Brochures
L'Ortolan, Church Lane, Shinfield, Reading, Berkshire, RG2 9BY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading Green Park Station2.5 miles
- Earley Station2.7 miles
- Winnersh Triangle Station3.3 miles
About Christie & Co, Pubs & Restaurants
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Notes
Disclaimer - Property reference 3867948-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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