Licensed Restaurant For Sale |
| Ipswich Suffolk |
| Well established 80/90 cover town centre restaurant. High spec refurbishment throughout and new trade kitchen. The restaurant is located in a Georgan building divided over two floors each accommodating 40+ covers, plus 20 cover main street bar area. Lease to let or rent Licensed Restaurant For Sale is located in Suffolk. |
| BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 21392
ADVERT IMPRESSIONS : 18,095 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Private Sale | FREEHOLD: | £675000 | LEASEHOLD: | £125000 | ANNUAL RENT: | £40000 PA | | | | | | | | | | Add this business advert to your: | | | | | | | |
| | | | | | | BUSINESS DETAILS: | Due to other business commitments the vendors wish to sell their Ipswich town centre restaurant
The restaurant is a modern contemporary bar, bistro/fine dining restaurant. At present the restaurant is run under management and as such would appeal to owner opperators. Audited accounts yr ending Sept 2007 show net sales Circa £360k with gross profit of 69% trading under limited hours. Further detailed trading information will be made available to all interested parties following a formal viewing of the business
The restaurant venue would suit various style changes and with longer opening hours have scope to increase sales. Over the last couple of the years the restaurant has under taken a subsquant investment in refurbishment to all areas of the business including a substantial refit of the trade kitchen and back of house areas. The location of the business is a stone throw from the Ipswich dock area that is at present being redeveloped at a cost inexcess of £900 million pounds offering a new suffolk university (now Open) along with substantial new residential accomadation. The vendor is involved part time in the overall running of the business with a full-time Manager and 4 other full-time members of staff, with a pool of part-time staff employed as demand dictates. All loose trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement and are included in the sale price | | | | | | EXPIRED - AWAITING DELETION | | | | | REFERENCE: | 21392 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | |
