Here is your rare opportunity to own The Hartford Road Cafe ("HRC"), a profitable, fully-operational, established restaurant with updated equipment, building is in included in the sale. This turnkey restaurant features a welcoming indoor environment with two cozy fireplaces, a full-service bar, and an expansive outdoor dining area. The large patio area is a huge 3-season attraction providing al fresco dining and entertainment opportunities. The HRC is in a prime Manchester location, situated in a high-traffic, desirable area with strong visibility and easy access from 384. There is ample on-site parking for customers adding to the restaurant's accessibility. The sale includes all furniture, fixtures, and decor making for immediate operation. The building is in very good structural and mechanical condition with updated central air. The basement has plenty of storage, with all of the coolers, freezers, and other components you will need to operate smoothly and efficiently. There is a private owner's office space upstairs. The food and beverage inventory on-hand at closing is additional. Financials provided upon request to qualified buyers.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $658 | $658 | $658 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,204 | $4,254 | $5,444 |
Total Monthly Payment | $4,954 | $5,004 | $6,194 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.