Restaurants For Sale in Shropshire West_midlands

Operates on a consistent level of turnover with still plenty of potential for growth and continued on-going cost savings. The sale includes all fixtures , fittings and equipment plus many years of goodwill !

The business would suit a couple or partnership to owner run this business to maximise profit potential . Genuine reason for sale

Financial Information

Current turnover in the region of £130,000 per annum (dry/wet split to be advised) with huge scope to increase. GP circa £65000

Lease

The premises are being offered with the benefit of a renewable 6-year lease issued by a private landlord with approximately 9 months of the current term remaining

Rent

The current rent stands at £11000 per annum

Business Rates & Council Tax

We are advised that the business rates payable currently stand at approximately £760 per annum

Trading Hours

Monday-Thurs 11am till 4pm Breakfasts and Lunches 6pm-11pm Evenings

Friday & Saturday 9am -4pm Breakfasts and Lunches 6pm-11pm Evenings

Sunday CLOSED

Staffing levels are – 2ft (owners ) and 3 part time

Reason for sale – Emigration

PROPERTY DESCRIPTION

Fitted and presented to high trade specifications throughout, this substantial and well maintained two-storey leasehold character parade premises provide excellent and highly functional internal business accommodation to the ground floor which briefly comprises an inviting single-fronted public entrance directly off a passage way into a welcoming customer service area with prominent menu board which houses a large glass-fronted refrigerated delicatessen-style food display and electronic till/food ordering point, chilled drinks display units, modern coffee machine and small open preparation area (toast and sandwiches )

The main customer service area, in turn, affords feature open archway access through to an attractively furnished and fully licensed in-house coffee shop and bistro dining area which may comfortably accommodate up to 16 covers for the provision of a full and varied menu of classic English Food ,,breakfasts, lunches and a la carte evening bistro cuisine/Tapas

The upper-floor premises consists of a small restaurant area ie 12 covers , 1 washroom/WC facilities together with the main, fully fitted and extensively equipped commercial kitchen with extraction system housing ample stainless-steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of modern, high quality catering appliances including 1 x griddle, 1 x double deep fat fryer, 1 x 6-burner oven and hob, 1 x griddle, 2 x microwaves and various refrigerator/freezer storage facilities etc., all of which we understand is to be included in the sale price and further details of which will be available upon request to any genuine interested parties.

The property also enjoys the benefit of economy 7 heating and double glazing.

Externally
Occupying an outstanding and highly visible trading position among other complementary outlets in Ludlow ,” to the exterior the premises are well signed and presented and afford ample and inviting display window space onto a busy metropolitan commercial thoroughfare.

Main points to note

v A prime trading position
v Stylish 48-cover parade premises
v Good consistent levels of turnover on six day week only

v Long established reputation and regular customer base
v Lots of year-round passing trade benefits
v Huge scope for outside catering and Sunday trading etc
v Valuable inventory of equipment included
v Adaptable to host of alternative licensed hospitality styles
v New Lease available
v Priced for quick genuine sale after many years
v Early viewing essential

Viewing Arrangements
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please telephone [Phone Number Censored] /[Phone Number Censored]