The Star is a long and well-established popular outlet just off the main town centre, which has undergone major refurbishment within the last five years. Comprising Lounge Bar, Bar Servery, Dining Room, Catering Kitchen, Storage facilities and 6 bed Living Accommodation. Good sized site with excellent forecourt facility, grassed Beer Garden and spacious Car Park. The business has enjoyed consistently good levels of sales over recent years, with takings approaching something like £10,000 gross per week, and hence high levels of profitability.


Other information

Business Operation

Employees: The Star is operated by two full time proprietors who are assisted by two full time staff and a variety of part time employees.
Trading hours: The outlet normally trades between noon and midnight each day, except on Fridays and Saturdays when the terminal hour is 1am.

Property information

Location: Just off the main town centre of Filey on Mitford Street
Living accommodation: The outlet is complemented by having sizeable Living Quarters on the upper two floors, there being 6 bedrooms, Sitting Room, Dressing Room, Dining Room, Office and Private Kitchen. It would be perfectly feasible for some of the accommodation to be converted in Letting Bedrooms if required.
Lease terms: The premises are held by way of a 20 year lease from 1 April 2009 at a current rent of £43,695 per annum exclusive. There is provision for a review of the rent at the end of the fifth year of the term and each subsequent fifth year to open market rent. The premises are held on a full repairing and insuring lease, and there is a tie in respect of all draught and bottled beers, ciders and stouts, with freedom of tie in respect of wines, spirits and minerals.
Property: Leasehold
Price:
£99,500
Cash flow:
Available on request
Revenue:
Available on request
Seller financial available: N/A
Work from home: N/A
Franchise: No
Employees: The Star is operated by two full time proprietors who are assisted by two full time staff and a variety of part time employees.
Date: Wed 19 Jan 2011

Contact seller
Category: Food and Kindred Products
Additional Category: Real Estate For Sale
Location: England > North Yorkshire > Filey
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