L'Ortolan, Church Lane, Shinfield, Reading, RG2 9BY | Property for sale | Savills
5,917 sq ft
Offers in the region of £1,250,000

L'OrtolanChurch Lane, Shinfield, Reading, RG2 9BY

  • Freehold

Key features

  • Freehold going concern
  • Rare opportunity
  • Grade II Listed
  • 80 cover restaurant
  • Large car park for approximately 40 vehicles
  • Total 5,917 sq ft
  • Offers in the order of £1.25m

Attractive & Rare Freehold Going Concern For Sale

About this property

  • Description
    The property is a Grade II Listed former Vicarage, built in Gothic Revival style brick elevations with Quoins, cornicing and stone mullion windows, under a flat roof.

    Internally the property provides an 80 cover restaurant decorated to a high specification arranged over two floors with various private dining areas and a demo studio. The rear of the property at ground floor provides an extensive commercial kitchen and WC facilities. The first floor provides
    further dining areas, office and store.

    The cellar is located at basement level.

    There is a separate detached annexe which is used as an office.

    Externally there is a large patio terrace abutting the restaurant, mature gardens and two gravel laid car parks providing parking for approximately 40 vehicles.

    Rateable Value
    We understand that the Rateable Value for the property is £78,100. Please check the government website for the latest multiplier for England.

    Tenure
    Freehold going concern business. All staff to transfer under TUPE regulations.

    Opportunity
    The opportunity exists to acquire the freehold going concern in this award winning restaurant, whom have been trading from the venue for over
    20 years. The restaurant operates as a high end destination premises, having secured many accolades and is one of Reading's only fine dining
    restaurant, with modern French cuisine.

    We have been provided with trading accounts and can confirm that the restaurant has been consistently generating a net turnover in the order of
    £1.5 million.

    Trading accounts will be supplied to interested parties upon request. The site is also underpinned by its alternative use potential (STP).

    Guide Price
    Offers in the order of £1.25m are invited for the freehold going concern with all fixtures and fittings included. Stock in addition subject to valuation
    at completion.

    EPC
    The property is Grade II Listed and therefore EPC exempt.

    Viewing
    Strictly by appointment with Savills or our joint agents, Christie & Co.

Local information

  • L’Ortolan is located on the edge of the affluent village of Shinfield situated approximately five miles to the south of Reading and seven miles to the west of Wokingham.
  • The postcode for the property is RG2 9BY.

Energy performance

EPC exempt - Listed building