THE BUSINESS: The Vanilla Pod and its predecessor trading from these premises Scott's Bar and Brasserie were well established restaurants with excellent reputations.

It is understood that when the Vanilla Pod was sold the annual turnover was £360,000 although it is understood that the restaurant at these premises did at one time command some £13,000 per week takings (both dry and wet sales) under the name of Scott's Bar and Brassiere.

The restaurant is a modern contemporary bar, bistro/fine dining restaurant and within the last few years, substantial investment in the refurbishment to all areas of the business including the trade kitchen and back of house areas. The venue would suit various styles and lends itself to various cuisines.

The premises have an alcohol sales licence for both on and off sales, a live music, recorded music and dance performing licence.

AGENTS COMMENTS: This restaurant was still extremely busy up to the date it closed down; the reservations book can still be seen at the premises. It is understood that the one reason why this restaurant closed was due to poor financial control by the owner, they simply spent too much money providing high spec equipment for the restaurant. The good news however is that any new owner will benefit from this foolhardy spending as the equipment is still in perfect condition.

In our opinion these premises are a gold mine to a new owner and goodwill can be quickly built up by the use of Social Media, twitter, Facebook etc.

If you are looking for a ready to go restaurant premises at a great price that only needs a new menu, staffing and purchase of food you should look no further.

LOCATION: The property is located in a prime position with large public car parks nearby and between the Town Centre, the University and the Waterfront Development area including the new Dance East Centre, and other entertainment venues and restaurants.

TENURE: A new full repairing and insuring lease will be available to the purchaser for up to fifteen years; tenure is of flexible duration by negotiation. The proposed new rent for the premises will be £32,500 per annum.

RATES: Current rateable value for the premises is £22,750 for the year payable at 0.407 for the 2010/2011 year

THE PROPERTY: The fully air conditioned restaurant is located in a Grade II listed Georgian building divided over two floors each accommodating 40+ covers, plus 20 cover main street bar area featuring.

Ground-Floor:

Bar 17´11" max. x 24´7" 378 ft² 35.1 m²

Restaurant 22´8" max. x 19´4" 438 ft² 40.7 m²

Upper Ground-Floor:

Restaurant 21´6" max x 24´7" 471 ft² 43.7 m²

Lower Ground-Floor:

Kitchen 22´7" x 23´ max 451 ft² 41.9 m²

Restaurant 22´8" max x 19´4" 438 ft² 40.7 m²

Utility Areas; Staff Cloakroom; Male and Female Cloakrooms; Yard with direct pavement access, and access to walk-in fridge.

The Bar has a Service Counter and woodchip floor and Victorian fire grate. Both Restaurants have open airy ceilings with ceiling fans and part exposed brick walls and carpets, with interconnecting minstrel's gallery.

A side Lobby provides storage and Utility area, and access to the side Yard with Chill Room and the Kitchens.

The premises are also fitted with a Burglar alarm system including all detectors and pads and Fire alarm system including all detectors.

There is even a Kenwood Sound system, 3 x part aluminium part glazed display fridges, Winterhalter Glass washer, Hoshizaki Ice maker, Nuova simonelli Plumbed semi – automatic beans to cup coffee machine with its own water filter and special counter top fridge to keep milk and Uniwell cash register with printer in kitchen for orders included within the sale price

EQUIPMENT: Equipment and a full Inventory will be made available to interested parties.

The Kitchen and Preparation Area are extensively fitted with Stainless Steel equipment includes:

Mareno 6 ring burner with oven and cupboard under

Mareno flat top with oven under

Mareno double char grill (currently disconnected)

Mareno double deep fat fryer

Falcon grill

Stainless steel table with under counter Foster 6 draw refrigeration

Stainless steel table with under counter double door refrigerator

Zanussi two draws and one door under counter refrigerator with stainless steel top

6 x stainless steel tables

11 x Stainless steel shelves

Hot cupboard with shelves with quartz

Microwaves

Exocuter Fly killer

4 Tier stainless steel shelving unit

Winterhalter pass-through dishwasher and various trays a Williams upright double door fridge and an Upright freezer

FINANCE: Horizon Business Transfer Agents have established strong relationships with local banks and finance consultants, should you wish to obtain finance to purchase this business, please contact 0845 241 2531.

VIEWING: Viewing strictly by appointment through the owner, to make an appointment please telephone 07899 997832 or 07899 997833

GUIDE PRICE: £20,000 for the leasehold interest, fixtures, fittings and equipment .