£240K CANADA - RESTAURANT plus ENTERTAINMENT CLUB



  Location:  Penryn - Cornwall

ESTABLISHED OPERATING ROADSIDE RESTAURANT & ENTERTAINMENT CLUB
Can $400,000 + HST FREEHOLD

BUSINESS WITH MASSIVE POTENTIAL

OPERATING RESTAURANT
ADDITIONAL BANQUETING ROOM
CAR PARK WITH 100 SPACES
ON MAJOR TOURIST ROUTE
SEPARATE FULLY KITTED OUT CLUB WITH LICENCED BAR, KITCHEN, DANCE-FLOOR & STAGE

OPTION TO PURCHASE FURTHER LAND FOR COMMERCIAL DEVELOPMENT - £12,000

Features:
Lot Size:- 1 acre+/-
Option:- additional acre building plot
Type of Building:- Commercial 2 Storey
Building Size:- 8,500 sq ft +/-
Construction:- Concrete Block, Wood & Steel Frame, Concrete Floor
Insulation:- R-20 & R-40
Basement:- Crawl Space
Floor Covering:- Carpet / Tile
Seating Capacity:- Including patio - 300
Heat Conveyance:- Oil-fired boiler (Restaurant) & Oil Fired Furnace (Lounge)
Hot Water Heating:- Oil fired boiler with 100 gallon propane backup
Electrical:- 240v 200 Amp 3 phase / 240v 200 Amp single phase
Taxes:- Can $7,000+/-
Water:- Drilled well on property
Sewer:- Municipal
Zoning:- None
Fire Protection:- Sprinkler, Smoker Detection Alarm System 24hr Monitored
Parking Lot:- Paved, will accommodate about 100 cars
Other Buildings:- Storage shed - used for garbage storage
Security Lighting:- Parking Lot & Rear of Building
Other Security:- Fire & Burglar Alarm system with 24hr video surveillance

Restaurant:
Dining Area:- 1,150 sq ft
Banquet/Meeting Room:- 1,125 sq ft
Patio:- 50 Seats (patio tables, chairs & umbrellas), closed in - access from Restaurant
Kitchen:- 200 sq ft (Fully equipped)
Dishwashing Room:- 100 sq ft complete with commercial Lo-Temp dish washer
Washrooms:- 4 public, 1 staff
Refrigeration:- 1 large walk-in Freezer, 1 large walk-in cooler plus units in kitchen
Air Conditioning:- Restaurant - 2, Club central on Roof

Club:
Main Floor:- 3,000 sq ft plus Entertainment Stage
Seating Capacity:- approx 150 (more if banqueting Room is used as well)
Washrooms:- 4 - Public, 1 staff
Bar Kitchen:- Self-contained fully equipped separate from Restaurant

Extra Remarks:
The Holmestead is a well established year round business with a solid customer base. It's located on major tourist route near historic Annapolis Royal. The building is about 29 years old, was totally renovated in 1991. The Club facility was newly constructed in 1994 and has has since been recently renovated, featuring a large dance floor and Entertainment Bar has wall to wall carpeting and a Smoke Eater was recently installed. Building has two large offices on the upper floor plus storage. ( newly constructed in 2001.) 

Business Hours Restaurant:
Open 7 days a week year round, 7:30am to 9:00pm (Summer) 8:00pm (Winter) Breakfast served 7:30am to 11:00am 

Staff: Employs 15-20 people (Full & Part-time) Year round

 



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Name: Peter Hughes
Reply to Ad
Date Posted: 29/05/2005

£240K CANADA - RESTAURANT plus ENTERTAINMENT CLUB




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