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BUSINESS REFERENCE : 8457 / RightBiz LEASEHOLD RESTAURANT IN GWYNEDD | | | | | | Restaurant Pwllheli AT £80,000 GP 60% Spacious and contemporary premises. 50 covers, Enviable reputation | | | BUSINESS LOCATION: | Pwllheli Gwynedd County UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £79000 | ANNUAL RENT: | £9000 | | | | | | | | | | | BUSINESS DETAILS: | 38° West is situated in a prominent and desirable trading position on Cardiff Road in Pwllheli, Gwynedd. This thriving restaurant occupies a substantial detached property with an attractive wide frontage and benefits from ample, free parking facilities directly outside. It is located within 150 yards of the waterfront and just a short walk from the town centre and railway station. The area is a haven for visitors and tourists all year round and has a number of quality attractions within close proximity, as well as an award winning coastline and breathtaking scenery. In addition, there are a number of caravan parks and holiday lets in the area, from which the business derives much trade. It is also close to the harbour and marina.
Bag A Business is delighted to offer for sale this highly regarded restaurant in Pwllheli, North Wales. The business has been established since 2004 and has quickly become one of the premier restaurants on the Llyn Peninsula. The cuisine can be best descibed as modern British with mediterranean influences, with both ' a la carte' and table d'hote menus featuring locally caught seafood. The impressive property has undergone a substantial refurbishment programme and benefits from an extremely high standard of contemporary style fixtures and fittings throughout. The restaurant has approximately 50 covers and trades in the evenings. There is potential to develop the business further through extending the opening hours and introducing a day time menu. We feel this is an excellent opportunity to acquire a well established, thriving business. Early discussions with Bag A Business are highly recommended.
PROPERTY DETAILS
Spacious, lock-up restaurant premises, briefly comprising:
GROUND FLOOR
Entrance hallway
Open plan dining area
Set for 50 covers
Contemporary decor
Bar area with slate bar top and entertainment system
Ladies & disabled W/Cs
Gents W/Cs
Store area
Washroom with washing machine, tumble dryer and stainless steel shelving
Double doors for delivery access
Large commercial kitchen with:
Commercial grade flooring
Tiled walls
12 burner range and ovens
Portable Bain-Marie
Various refrigerators and chest freezers
Fish fridge
Walk-in chiller
Stainless steel air extraction system and tables
Side entrance
EXTERNAL
Attractive wide frontage
Ample free parking facilities
OPENING HOURS
Summer
Mon - Sun: 6.30pm - Close
Winter
Tue - Sat: 7.00pm - Close
FINANCIAL DETAILS
W/T: £1,600 approx
GP: 70%
TENURE
Leasehold
Original length: 5 years
Remaining length: 3 years
Review: Annually
Rent: £750 per month | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8457 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
