| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 2,903 TIME(S)
BUSINESS REFERENCE : 7120 / RightBiz FREEHOLD RESTAURANT FOR SALE IN MID WALES | | | | | | Restaurant Aberdovey, Mid-Wales T/O March -Dec £165,000 GP 70% All year round trade Scope to increase hours Highly regarded business with 38 covers Freehold or leasehold option Price reduction ref 7120 | | | BUSINESS LOCATION: | Aberdyfi Gwynedd County UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £320,000 + SAV | LEASEHOLD: | £69,750 + SAV | | | | | | | | | | | BUSINESS DETAILS: | Location
Pharoahs Cellar Bistro is located in a prime, highly visible trading position on Glandyfi Terrace in the centre of Aberdovey, Gwynedd, Mid-Wales. It enjoys a particularly wide frontage and has ample car parking facilties in close proximity. Aberdovey is a peaceful, picturesque seaside village nestling on the North side of the River Dyfi estuary. It is a popular resort for visitors and tourists all-year-round and has a thriving harbour where the River Dyfi meets the blue waters of Cardigan Bay. It is within the Snowdonia National Park and is surrounded by outstanding countryside and stunning coastline. It is easily accessible, being just eleven miles West of Machynlleth on the A493.
Business History
Bag A Business is delighted to offer to the market this thriving restaurant in a prime location within Aberdovey, Mid-Wales. Pharoahs Cellar Bistro has undergone a substantial refurbishment programme, and since completion, has generated a turnover of £95,000 in the months between May and October 2006. It currently trades March to December, opening evenings only. The business receives regular glowing reviews and has an enviable reputation throughout the area. Bookings are essential during the holiday season. There remains infinite scope to increase turnover further through the introduction of daytime opening if required. The restaurant boasts 38 covers and has been finished to an exceptionally high standard throughout. We feel that this is a unique opportunity to acquire such a popular and sought-after business in an area where there are very few eating establishments. Early discussions with Bag A Business come highly recommended.
FINANCIAL PROFILE
T/O: £165,000 (approx.)
GP: 70%
OPENING HOURS
Mon - Sun: 6.00pm - 11.00pm
Wed: Closed
(Closed Jan & Feb)
PROPERTY DETAILS
Spacious and contemporary lower-ground floor restaurant with 38 covers. Briefly comprising:
LOWER GROUND FLOOR
Main restaurant with:
Tables and chairs for 38 covers
Tiled flooring
Wide bar with bottle chillers
Coffee machine
Electronic cash register
Ice cream freezer
Refrigerated tapas trolley
Ladies and gents W/Cs
New commercial kitchen with:
Commercial grade flooring
Tiled walls
Stainless steel worktops
Air-extraction system
3 upright stainless steel refrigerators
Upright refrigerator
Upright freezer
burner range and double oven
Gas griddle and hot plate
Electric hot cupboard
Jacket potato oven
Wash hand basin
Wine cellar
Washing up room with:
Commercial dishwasher
Single drinks chiller cabinet
Glass washer
Deep sink
EXTERNAL
Wide frontage
Ample car parking facilities in close proximity
TENURE
Advised Freehold
Leasehold option available at £69,750 + SAV | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7120 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
