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£100,000

Bistro, Corve Street, Ludlow, Shropshire, SY8

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£100,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£457 per month

Minimum deposit amount:

£5,000
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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. Audited accounts are available on request. The main entrance from Corve Street opens into a small entrance Lobby and glazed doors opens to
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Stamp Duty tax
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Mortgage and legal costs:
£999
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Property details

£100,000

property for sale

Bistro, Corve Street, Ludlow, Shropshire, SY8
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. Audited accounts are available on request. The main entrance from Corve Street opens into a small entrance Lobby and glazed doors opens to