RESTAURANTS FOR SALE ACROSS THE UK ON BEHALF OF LITTLE CHEF

Transcription

1 RESTAURANTS FOR SALE ACROSS THE UK ON BEHALF OF LITTLE CHEF AGENCY VALUATION SERVICES INVESTMENT CONSULTANCY

2 RESTAURANTS FOR SALE ACROSS THE UK ON BEHALF OF LITTLE CHEF Christie + Co is instructed by the country s leading roadside restaurant chain to offer selected sites from the Little Chef estate to let. Eight of these are the leasehold interest in the whole site and eleven are former fast-food areas within trading Little Chef restaurants. These offer incoming operators the opportunity to create new restaurant, fast-food or retail outlets in busy locations. Alternately, the sites are suitable for a variety of other uses (subject to the necessary consents) including surgeries, offices, showrooms etc. Tenure Nine of the properties are available by way of assignment or sublet of the existing lease; eleven are to be let on short-term lease agreements. Further details are available on request. Trading details None of the sites are currently trading and no historic trading information will be made available. Trade fixtures and fittings The remaining trade fixtures and fittings are to be purchased in addition. Trade fixtures and fittings do not include EPOS tills, which may be removed on completion. Certain items bearing corporate identity or brand name may be removed from the properties prior to, or shortly after, completion. Site areas and floor plans The areas indicated are for guidance only. On the former fast-food sites, there may be additional common areas. Staff The sites are currently closed and there will be no staff to transfer under TUPE regulations. Stock and glassware Any remaining stock and glassware is to be purchased at valuation. Licensing information The nine sites which are to be let as a whole previously traded as licensed premises. In some cases, copies of the Premises Licences are available. Further details on request. Price Rental offers are invited. Viewing All appointments are to be made by prior arrangement through Christie + Co. Open-house viewing days may be set when members of Christie + Co and/or Little Chef will be on hand to show you around the premises. Offers All offers should detail the lease terms proposed, offer amount for fixtures and fittings and proposed use. All offers are to be submitted to Christie + Co in writing. A Landlord s Pack and Business Plan will need to be provided to progress any offer. Board approval The sale of these properties will, in each case, be subject to obtaining the vendor s formal Board approval. Stamp Duty Land Tax Stamp Duty Land Tax (SDLT) will be payable on any premium paid for the lease and on the net present value of the rent. SDLT liability is most easily worked out by using the calculator on the HM Revenue & Customs website; Agent s notes The brief details in this brochure are intended as a general guide and do not form part of any contract. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Dimensions and areas, where given, are approximate and should be verified by intending purchasers. Group purchases For further information please contact your nearest Christie + Co office. Multiple enquiries should be directed to Simon Chaplin on simon.chaplin@christie.com. 2

3 RESTAURANT LOCATIONS Map ref Restaurant name Page A Former Little Chef, Edinburgh 4 A B Former Little Chef, Sedgefield 4 C Former Little Chef, Sheffield 5 D Former Burger King, Saughall 5 E Former Burger King, Lincoln 6 B F Former Burger King, Sutterton 6 G Former Little Chef, Oldbury 7 H Former Burger King, Barton Mills 7 I Former Burger King, Ely 8 J Former Little Chef, Cambridge West 8 K Former Little Chef, Newmarket South 9 L Former Burger King, Fourwentways 9 M Former Little Chef, Baldock 10 D G C E F J M I L H K N Former Burger King, Stonehouse 10 O Former Burger King, Cirencester 11 P Former Burger King, Warminster 11 Q Former Burger King, Lamberhurst 12 N O P R Q R Former Burger King, Hellingly 12 S Former Little Chef, Hayle 13 S 3

4 EDINBURGH - The A1, Old Craighall, Musselburgh, Edinburgh EH21 8RE Ref: 52/65319 Contact: Daniel Arrandale, Edinburgh Office daniel.arrandale@christie.com Mobile: Just off the A1 junction with the city bypass Former Little Chef restaurant (100+ covers) Services area with Travelodge & petrol station Additional retail area formerly used for arcade Situation: Within a services area just off the A1, at its junction with the Edinburgh bypass to the east of the city. The town of Musselburgh is approximately 1.5 miles north and the new Queen Margaret University is also nearby. Description: Purpose-built single-storey restaurant adjoining the Travelodge under a pitched roof. The main entrance leads to a lobby with a retailing area. Main restaurant and kitchens with office, staffing area and toilets. The hotel and restaurant share a front courtyard with some seating available. Communal car park (100+) at the front and rear. n Motel Car Park SEDGEFIELD - The A177/A689, Sedgefield, Stockton-On-Tees, Cleveland TS21 2JX Prominent roundabout close to the A1(M) Detached single-storey restaurant (100 covers) Seating area, catering kitchen and stores Adjacent to Travelodge & petrol filling station Description: Brick-built, detached single-storey building under a pitched tiled roof. The entrance foyer leads to a sales area and service kitchen. Main restaurant seating area (100). Customer WCs. Rear catering kitchen with preparation area and walk-in cold store. Office, staff room, utility room and staff WCs at the rear. Ref: 64/66969 Contact: Chris Laws, Newcastle Office chris.laws@christie.com Mobile: Situation: Prominently situated on the roundabout at the junction of the A689 and A miles south of Sedgefield. Approximately 3 miles east of junction 60 of the A1(M), 5 miles northwest of Stockton-on-Tees and 6 miles southeast of Durham. Additional hot-food concession with separate catering kitchen. Car park for 14 vehicles. Lawn and gravel gardens. Hotel 4

5 SHEFFIELD - Prince of Wales Road, Sheffield, South Yorkshire S2 1FF Well-placed purpose-built restaurant Part of service area just off the A57 Main trading area (90) Shared car park for approximately 85 Description: Single-storey, modern, purpose-built brick property under a pitched roof. Attached to the Travelodge hotel. Self-contained premises with restaurant seating area (90), kitchen, customer toilets and storage facilities. Filling Station Path Ref: 54/68954 Contact: Rachel Murray, Leeds Office rachel.murray@christie.com Mobile: Situation: Located at the junction of the A57 slip road and the A630 ring road, approximately 3 miles southeast of Sheffield city centre. This is a main route into the city centre leading from junction 33 of the M1. Shared access and car park for approximately 85 vehicles. Service area at the side. 304 Hotel SAUGHALL - Parkgate Road, Saughall, Chester, Cheshire CH1 6JS Ref: 56/64815 Contact: Martin Thompson, Manchester Office martin.thompson@christie.com Mobile: Prominent roadside position Busy junction north of Chester Adjacent petrol filling station Former fast-food restaurant area (16) Situation: Situated on the junction of the A540 and the A5117, in close proximity to the M56. Chester is some 6 miles southeast. Description: Single-storey, purpose-built, detached brick property beneath a pitched tiled roof. The former Burger King area is situated at one side of the open-plan trading area. Includes seating, counter and cooking areas. Shared car park for approximately 40 vehicles. 5

6 LINCOLN - The A46, Thorpe on the Hill, Lincoln LN6 9AJ Ref: 57/60435 Contact: Paul Shepherd, Nottingham Office paul.shepherd@christie.com Mobile: Prominent position on the A46 roundabout Adjacent to Travelodge & petrol station Shared entrance & toilet facilities Former fast-food restaurant area (16) Situation: Prominent location on the busy A46 Thorpe on the Hill Roundabout in South Lincoln. The A46 is the main road linking Lincoln and Nottingham and other major road links nearby include the A1 and M1. Description: Detached single-storey brick-built property under and a part pitched and flat roof. Former Burger King within an existing Little Chef. Waiting area with tables and chairs, counter area through to the kitchen behind, office and stores. Shared public toilet facilities. External seating area with picnic benches. Shared customer car park with 40 spaces. SUTTERTON - The A17 (Holbeach Road), Algakirk, Boston, Lincolnshire PE20 2LG Prominent position on the A17 Adjacent to Little Chef and BP petrol station Shared car park with c 70 parking spaces Former fast-food restaurant area (12) Description: Single-storey brick-built property under a pitched tiled roof. Former Burger King within trading Little Chef building. Serving counter and open-plan seating area. Ref: 57/60432 Contact: Paul Shepherd, Nottingham Office paul.shepherd@christie.com Mobile: Situation: Located on the A17 (Holbeach Road) at Sutterton, which meets the A16 crossroads known as Sutterton roundabout near Algakirk. The A17 is a major road linking Newark on Trent and Kings Lynn in Norfolk, stretching across South Lincolnshire. Shared outside seating area and communal car park with circa 70 car parking spaces. 6

7 OLDBURY - Wolverhampton Road, Oldbury, Birmingham, West Midlands B69 2BH "A" road location near the M5. Alongside Travelodge and petrol station Former restaurant area for 40+ Suitable for a variety of uses (STC) Description: Detached single-storey building of mainly brick construction under a pitched tiled roof. Former Little Chef with seating area (40+) kitchens and stores. WOLVERHAMPTON ROAD Car park (35). Situation: Adjacent to the main arterial A4123 Ref: 58/62680 Contact: Paul Reilly, Birmingham Office paul.reilly@christie.com Mobile: (Wolverhampton Road) heading towards Dudley. Approximately 2 miles from junction 2 of the M5. The site includes a BP petrol filling station and a Travelodge hotel. El Sub Sta Shelter Ward Bdy BARTON MILLS - The A11, Fiveways Roundabout, Barton Mills, Bury St Edmunds, Suffolk IP28 6AE Ref: 14/66573 Contact: John Grace, Ipswich Office john.grace@christie.com Mobile: Service area on the A11 (southbound) Alongside Travelodge and petrol station Busy route to Norfolk and Norwich Former fast-food restaurant area (16) Situation: Prominent location on the Fiveways Roundabout on the southbound side of the A11 at Barton Mills, approximately 11 miles northwest of Bury St Edmunds and nine miles northeast of Newmarket. The established service area includes a Travelodge, Little Chef and petrol filling station. The final phase of dualling the A11 to Norwich has been approved by the Department of Transport with initial works to start winter Description: Detached single-storey building on a corner site. Former Burger King area within a trading Little Chef providing 16 covers and open kitchen area. Shared service areas. Shared car park with Travelodge providing parking for more than 60 cars. 7

8 ELY - The A10, Witchford Road, Ely Bypass, Ely, Cambridgeshire CB6 3NN Ref: 14/66572 Contact: John Grace, Ipswich Office john.grace@christie.com Mobile: Busy service area on the A10 Established service area with Travelodge Site shared with petrol station and truck stop Former fast-food restaurant area & drive thru (10) Situation: Prominent location on the roundabout of the A10 Ely Bypass at its junction with the A142, approximately 15 miles north of Cambridge. Description: Detached, purpose-built single-storey property. The service area includes a Travelodge, petrol filling station with retail and a lorry park. Former Burger King area offering drive through facilities within a trading Little Chef. Seating for approximately 10 covers and service counter. Shared car park providing parking for over 80 vehicles. CAMBRIDGE WEST - A14 Eastbound, Swavesey, Cambridgeshire CB24 4RD Ref: 14/66579 Contact: John Grace, Ipswich Office john.grace@christie.com Mobile: Well-placed between Huntingdon & Cambridge Detached building adjacent to a Travelodge Restaurant area providing seating for 50 Catering kitchen and ancillary areas Situation: On the busy eastbound carriageway between junctions 28 and 29 of the A14, which links the M11 and A1(M). Cambridge city is approximately nine miles southeast and Huntingdon town nine miles northwest. Description: Single-storey, detached brick-built property under a pitched tiled roof. The site is shared with a former petrol filling station and Travelodge hotel at the rear. Open-plan trading area seating around 50 with an open catering kitchen. Ancillary areas including preparation/wash-up area, store rooms, staff WC and an office. Car park for circa 70 vehicles. shared with the adjacent Travelodge hotel. 8

9 NEWMARKET SOUTH - The A14, Service Area South, Newmarket Heath, Newmarket, Suffolk CB8 0XG Substantial detached roadside restaurant On the A14 close to Newmarket Open-plan trading area (50) Suitable for alternative uses (STPP) Description: Detached, single-storey brick-built property under a pitched tiled roof. The site is shared with a petrol filling station and is also accessible via Heath Road from the rear. Self-contained restaurant with open-plan trading area (50) and a catering kitchen. Ref: 14/66578 Contact: John Grace, Ipswich Office john.grace@christie.com Mobile: Situation: On the westbound carriageway of the A14, just north of Newmarket and the racecourse. This is a busy route leading from the Midlands to East Anglia and the container port of Felixstowe. Car park for over 25 vehicles. Filling FOURWENTWAYS - A11, Fourwentways, Abington, Cambridge CB21 6AP Ref: 14/66571 Contact: John Grace, Ipswich Office john.grace@christie.com Mobile: Well-placed service area on the A11 Shared site with Travelodge & petrol station Potential for other complementary uses (STPP) Former fast-food restaurant area (10) Situation: Within an established service area known as Fourwentways, located at the junction of the A11 and the A1307. This is a busy route from the M11 to Newmarket and the A14. Cambridge is 8 miles north. Description: Detached single-storey property on a site shared with a petrol filling station and Travelodge hotel. Former Burger King area within a trading Little Chef providing 10 covers and open cooking area. Shared service areas. Shared car park with parking for more than 80 vehicles. 9

10 BALDOCK - Great North Road, Baldock, Hertfordshire SG7 5EX Ref: 24/60129 Contact: Carl Steer, Enfield Office carl.steer@christie.com Mobile: Situated on the busy A1 (southbound) Restaurant (50) with accommodation above Adjacent to Travelodge hotel Trade garden area (20 covers) Situation: Situated on the A1 (southbound) at Hinxworth with a Travelodge at the rear. The A1 remains a busy main route from London to the North and joins the A1(M) at the town of Baldock, 4 miles south. Description: Substantial detached two-storey, brick-built former public house with a pitched tiled roof. Entrance hall, with toilets, leads through to the restaurant area providing seating for 50. Openplan kitchen and multiple store rooms. First floor accommodation of eight rooms plus kitchen and bathroom. Shared car park with Travelodge (50), lawn area and enclosed trade garden with seating for m Co Const & LB STONEHOUSE - The A419, Eastington, Stonehouse, Gloucestershire GL10 3SQ Ref: 34/60315 Contact: Valerie Turner, Bristol Office valerie.turner@christie.com Prominent roadside location just off the M5 Located next to Travelodge and petrol station Shared car park Former fast-food restaurant area (10) Situation: Within a roadside service area off the M5 (junction 13) west of Stroud and Stonehouse, midway between Bristol and Glocester. The A419 is one of the main routes to the Cotswolds. Description: Purpose-built, detached single-storey property which is highly visible from the A419. Forming part of a service area which includes a Travelodge and petrol filling station. Former Burger King within a trading Little Chef providing an open-plan restaurant area seating 10. Kitchen area and shared services. Suitable for a variety of alternative uses (STPP). Shared car parking area for 10 vehicles. 10

11 CIRENCESTER - Burford Road, Cirencester, Gloucestershire GL7 5DS Ref: 34/60317 Contact: Valerie Turner, Bristol Office valerie.turner@christie.com Prominent location in the Cotswolds Part of roadside service area Large shared car park Former fast-food restaurant area (20) Situation: At the junction of the A417and A429 to the east of Cirencester. This is a popular area in the Cotswolds which attracts both business and leisure travellers. Description: Set in a roadside service area with petrol filling station, Costa Express and Travelodge hotel. Former Burger King area within a trading Little Chef providing 20 covers and open cooking area. Shared service areas. Shared car park for 40 vehicles. WARMINSTER - The A36, Warminster, Wiltshire BA12 7RU Ref: 34/60316 Contact: Nicholas Calfe, Bristol Office nicholas.calfe@christie.com Mobile: Prominent roadside location on the A36 Open-plan shared trading area Busy roadside services with Travelodge Former fast-food retail area Situation: Situated in a roadside service area on the A36, alongside a Travelodge hotel and a petrol filling station. Just north of Warminster and 15 miles south of Bath, the famous Longleat Animal park and Centre Parcs holiday village. Description: The purpose-built restaurant forms part of a recently refurbished Travelodge hotel site and is located alongside Coffee Tempo. Former Burger King area at one side of the main restaurant. Small seating area, serving counter and store room. Shared car park. 11

12 LAMBERHURST - Hastings Road, Lamberhurst, Wadhurst, East Sussex TN5 7PR Prominent position on the busy A21 Adjoining existing restaurant Suitable for a variety of uses (STC) Former fast-food restaurant area (16) Description: Single-storey, modern brick-built property. Self-contained former Burger King unit alongside existing Little Chef restaurant. Seating area and kitchen area. Ref: 88/67109 Contact: David Garrard, Maidstone Office david.garrard@christie.com Mobile: Situation: Located in a busy trading position on the A21, the London to Hastings road. With good signage and clearly visible to traffic travelling in both directions. Car park (50) at the side and rear of the property. HELLINGLY - A22/A267, Hellingly, Hailsham, East Sussex BN27 4DT Ref: 88/67111 Contact: Kevin Chapman, Maidstone Office kevin.chapman@christie.com Mobile: Prominent roundabout location on the A22 Adjacent to Travelodge & petrol station Shared car park with 85 spaces Former fast-food restaurant area (14) Situation: Located on the busy A22 London to Eastbourne road, at the Boship Roundabout near Hailsham, the junction of the A22 and the A267. Approximately 12 miles north of Eastbourne and 22 miles south of Tunbridge Wells. Description: Single-storey, brick-built detached property under a pitched tiled roof. The site is part of a service area with a Travelodge hotel and a petrol filling station. Former Burger King area within a trading Little Chef providing 14 covers and open cooking area. Shared service areas. Car park area with 85 spaces, shared with Travelodge. 12

13 HAYLE - Carwin Rise, Hayle, Cornwall TR27 5DG Busy service area on the A30 trunk road Modern detached restaurant Open-plan trading area (circa 70 covers) Adjacent to Travelodge & petrol station Nearby is a retail park comprising Costa Coffee, Boots, Next and Marks & Spencer. Description: Single-storey modern brick-built detached premises. Open-plan main restaurant area which provided seating for approximately 70. Rear kitchen and customer toilets. Hotel Ref: 32/62574 Contact: Paul Heather, Exeter Office paul.heather@christie.com Mobile: Situation: On a large service area just off the A30, approximately 0.5 miles from Hayle town centre. Adjacent to a Travelodge and Shell service station, there is also a Premier Inn, Brewers Fayre and a McDonalds restaurant on the site. Customer car park shared with Travelodge. Potential outside seating areas. Com 13

14 Dishing up the best finance and insurance With an unrivalled knowledge of financing businesses and arranging business insurance in the restaurant sector, Christie Finance and Christie Insurance provide the intelligent solutions to business finance and business insurance needs. Their relationships with financial bodies (including clearing banks, centralised lenders, finance houses, building societies and the UK s leading insurers) enable Christie Finance and Christie Insurance to provide an excellent service and secure some of the most competitive terms available; better than can be sourced directly. To find your nearest business mortgage specialist, call us on , or visit To speak to a business insurance specialist, call us on , or visit Christie Insurance and Christie Finance the intelligent choice. RCC Insurance Brokers plc trading as Christie Insurance and regulated by the Financial Services Authority

15 Christie + Co UK offices: 1. Birmingham T: E: birmingham@christie.com 2. Bristol T: E: bristol@christie.com 3. Edinburgh T: E: edinburgh@christie.com 4. Enfield T: E: enfield@christie.com 5. Exeter T: E: exeter@christie.com 6. Glasgow T: E: glasgow@christie.com 7. Ipswich T: E: ipswich@christie.com 8. Leeds T: E: leeds@christie.com 9. London T: E: enquiries@christie.com 10. Maidstone T: E: maidstone@christie.com 11. Manchester T: E: manchester@christie.com 12. Newcastle T: E: newcastle@christie.com 13. Nottingham T: E: nottingham@christie.com 14. Winchester T: E: winchester@christie.com OFFICES THROUGHOUT EUROPE AND BEYOND Conditions of Christie + Co s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if any, included in the sale) for the convenience of a prospective purchaser or tenant (an acquirer ) and are intended for business people familiar with commercial transactions. If you are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of the property (together the Client ) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client; they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has any authority to make or give, any representation or warranty whatsoever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services, appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy, and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. November REF: J1082 AGENCY VALUATION SERVICES INVESTMENT CONSULTANCY