Popular Minchinhampton visitor attraction The Kitchen has been sold following a truly global effort by go-to Cotswolds specialists Colliers International.
The Kitchen has been operated by Werner and Dianne Bunt who grew the cafe from a small 30 cover shop to a thriving 120-cover restaurant during their ten years at the helm.
Colliers International hotels director Peter Brunt said: “The Kitchen is a tea shop business at the top of the tree – a multi award winning business with a high turnover and a fabulous large apartment for owners to live in.
“The combination of all those positives boosted the value of The Kitchen well above most tea shops and took it beyond the reach of most people looking for a similar property.
“It is a testament to the long reach of the hotels team that buyers were actually found out in Australia.”
Peter Brunt added: “The Kitchen includes a superb spacious self-contained flat with a lovely garden which makes it ideal for couples or families and is perhaps the best accommodation I have seen in a business like this.”
The Grade II Listed property is believed to date from the seventeenth century and features a delightful trading area with room indoors and outdoors – weather permitting.
Peter Brunt concluded: “The Cotswolds region has proved particularly resilient through the downturn and is seeing increased activity as buyers respond to faster than anticipated improvements in the market.
“Having sold a lot of Cotswold businesses in 2013 it has left my shelves looking a little bare so I am looking for new properties for what I already know to be a good number of well-funded buyers looking to spend in this perennially popular region.”
For further details contact Peter Brunt, Hotels Director, Colliers International, on 0117 917 2000.
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Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. In the UK, Colliers International is one the top real estate advisory organisations, employing over 700 people in 12 full service offices across the UK and Ireland. For the latest international news from Colliers International, visit colliers.com/news or follow us on Twitter: @ColliersIntl
Issued by Empica Ltd on behalf of Colliers International.