The Narrows of Faringdon

Description

The Narrows occupies a former jewellery shop which has been carefully converted by the current owner to to create an intimate bar in the in the middle of a thriving and affluent market town. The bar offers a range of different seating areas with a number of booths with a total seating capacity for approximately 50 people. The owners accommodation is over the bar and accessed via a separate entrance. it comprises three bedrooms, living room, kitchen and bathroom.

Localisation

The Narrows of Farringdon is a terraced building in the the centre of Farringdon and is almost opposite the market Market Place and Old Town Hall, around which markets have been held since the 12th century and continues to do this day with, amongst other, a market held every Tuesday. Farringdon, sits on the edge of the Cotswolds in the Vale of the White Horse and is almost equidistant from Swindon and Oxford on the A420 which leads to the A34, M40 and M4.

Parties communes

- Trade areas with mixed seating - Bar servery - Customer toilets - Dry stores

Mobilier et équipement

We are informed that all trade fixtures and fittings are to be included in the sale. A full inventory will be provided as required.

Logement de fonction

There is a well sized flat above the business, with a seaparte entracne form the street and overlooking the Market Place to teh frint. The accommodation consists of: - 3 bedrooms - Living room, - Kitchen - Bathroom

Le bien

There is potential to grow income by increasing the opening hours and considering the creation of a simple kitchen and food offering (STP). Whist the current operation as a bar is successful, there is scope to reposition the business towards an ale led pub or micro pub. There is planning permission granted to convert and extend the maisonette into two separate flats.

Performances de l'actif

A full set of trading accounts can be supplied on request.

Heures d'ouverture

Opening Hours: Monday to Thursday 4pm -12am Friday 4pm–2am Saturday 2pm–2am Sunday 2pm–12am

Tarifs

The current current rateable value as per the April 2023 list is £4,200. Confirmation of rates payable should be sought from the local authority.