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THE SPANISH TAPAS BAR AND RESTAURANTE

Classification: commercial

Property Type: RESTAURANT

Location: ONCHAN

Reference Number: 4873

£58,000 INGOING

  •  3 Bedrooms
  •  1 Bathrooms

Description

TO BE LEASED - A well known Onchan Restaurant located overlooking Douglas Bay currently run as a Spanish Tapas Restaurant with spacious 2-3 bedroom self contained apartment above. 

Reception Bar and Booking Desk, Waiting Area, and Kitchens at the rear.   Large Dining Area and Bar 53’4 x 22’ seating 60 persons. Good quality customer toilets.   Interior stairs up to apartment above.  Rear access for deliveries.  Mains services connected.  Total floor area over two floors 2,339.76 sq.ft.

 

LEASE

There are 3 years remaining on the current lease with an option to renew for a further 9 years.  Present rental £21,156 paid monthly at £1763 pcm.  The restaurant opens 5 days a week and seats 60 persons.  The present turnover is £120,000 per annum.  The business has been established for 15 years.

INCLUDED IN THE INGOING

Leasehold, goodwill, all furniture, tables, kitchen equipment, fixtures and fittings, cutlery and crockery.  In the apartment above the majority of the furniture is included together with kitchen equipment. 

STRUCTURE

A traditionally brick built commercial restaurant under a new fibreglass roof.  Gas fired central heating and double glazing throughout.

RATES    £892 Onchan Comissioners     £916 Treasury Water Rates

Details

FRONT ENTRANCE

Opening on the Foyer with Reception Desk/Bar Area and Waiting Area with table and bar stools, wall mounted tv. Front facing window.  Decorative terracotta floor tiles.  Stone effect feature wall, decorative wall lights, ceiling downlighters, panel radiator.

TOILETS - Access to fully tiled Ladies and Gents toilets finished to a good standard with decorative Spanish tiling.

MAIN RESTAURANT AREA (55’08 x 22’04) including Reception.  Ceramic tiled floor, 3 large front facing bay windows, tables and chairs, modern downlighters, power points.

BAR  Fitted bar with tiling, coffee Expresso machine, Bar fittings.

KITCHEN  - Stainless steel fitted kitchen designed for Tapas Food.  Wash basins.  Storage Area, lower rear yard.  Steps up to apartment above.  Access to Imperial Terrace.

FIRST FLOOR APARTMENT -  Hallway with fitted carpet.   Rear access.

BATHROOM  Panel enclosed bath with shower attachment.  Pedestal wash basin and wc. 

KITCHEN  (Approx 13’ x 10’6)  Fitted white kitchen units and wall cupboards, pale grey worktops, cooker and fridge, power points.  Rear facing window, white composite sink with mixer tap, vinyl flooring.  Gas fired boiler, plumbing for washing machine and dryer.

LOUNGE (Approx 25’5 x 11’10)  Originally two rooms opened into one.  Large front facing windows with sliding doors providing access to external balcony.  Views across the bay.  Fitted carpet, furniture, ornate coved ceilings.

SMALL BEDROOM 1  Rear facing window, currently used for storage.

BEDROOM 2    (Approx 16’2 x 11’4)  Front facing window, built in wardrobes, fitted carpet.  Panel radiator and power points.

BEDROOM 3  (Approx 15’5 x 12’7)  Leather settee, built in wardrobes, power point, panel radiator and sea views.

ACCOUNTS -  Available on request together with current Lease Agreement

 

 

 

 

 

 

 

 

Location Info

Proceed along Douglas Promenade towards Onchan. Port Jack is located on the left, across the tram lines.  The Tapas Restaurant is next to the Port Jack Chippy.  

There is a Spa supermarket just around the corner.   Parking for cars on the seaward side of the road.  Easy walking distance of Douglas Promenade.

 

 

 

 

 

 

 

 

 

 

Additional Photos

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