28 Central Street, Bristol, NH, 03222 | $225,000

EXCEPTIONAL BUSINESS OPPORTUITY in the heart of NH’s Lakes Region. Here’s your opportunity to own a beloved, well-established Café in vibrant Bristol Square, the hub of the Newfound Lake Community. This listing includes: the business known at “The Purple Pit”, furniture, fixtures & equipment. Open for Breakfast & Lunch, known for its award-winning coffee, espresso, specialty lattes and diverse menu the Purple Pit is in its 12th year of operation. Loved by locals and visitors alike it offers a cozy, relaxing atmosphere ideal for a morning coffee run, breakfast on the way to work or lunch with a friend. Enjoy breakfast sandwiches, fresh baked goods, sandwiches, salads, ice cream & gelato. Open seasonally on weekends is the “Rib Room” offering a full menu of mouth-watering Texas BBQ. Fully trained staff familiar with the daily operations would stay on to ensure a seamless transition. Downstairs is great storage, even a space that could easily be set up for catering, a bakery or a flexible creative space for "Paint & Sip" or even a pottery studio. Approved for 75 seats including outdoor seating. Rent includes water, sewer, heat & hot water. Walk the historic Square and visit the shops & galleries, take a stroll on the Pemi-Path or even fish or kayak the Pemi River then walk here for a bite to eat. Perfectly positioned along the gateway to beautiful Newfound Lake. Whether you want to run it yourself or bring in a tenant, this is a turnkey business in a highly visible location with room to grow. ASSET SALE TO INCLUDE: EQUIPMENT, FURNITURE, FIXTURES & PURPLE PIT NAME.

Features

  • Heating: Hot Water,Propane
  • Cooling: Mini Split
  • Zoning: Downtown Commercial
  • MLS#: 5089331
  • Website: https://www.raveis.com
    /prop/5089331/28centralstreet_bristol_nh?source=qrflyer
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Listing courtesy of Old Mill Properties REALTORS   Phone: 603-744-8526
Listing Agent: Lorna Platts Sirois

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

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28 Central Street, Bristol, NH, 03222

$225,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

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 $180,000 $180,000 $180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.750% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.634% 6.890% 6.078%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,108 $1,167 $1,507
Total Monthly Payment $1,183 $1,242 $1,582

* 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.