Restaurant Bar Bistro In Bangor North Wales | | Bangor Gwynedd County | | T/O: £5,000 per week Scope to develop further | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 32132
ADVERT IMPRESSIONS : 13,252 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £65,000 | ANNUAL RENT: | £50000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Greek Taverna Politis is ideally located on Holyhead Road, right in the centre of Upper Bangor in Gwynedd, North Wales. This area of Bangor has a high, and growing student population, from which the business draws much trade. The restaurant benefits from a wide frontage and is surrounded by many complementary shops and businesses. Bangor lies on the coast of North Wales, close to the Menai Straits and close to Snowdonia National Park. The city is easily accessible via the A55 North Wales Expressway.
Business History
Preferred Commercial is delighted to offer to the market this thriving restaurant, bar and function venue that was established by our clients some 35 years ago and is only now being placed on the market due to their wish to retire. The restaurant is very popular with the student population and generates a turnover in the region of £5,000 per week. There is a new medical school being built in the city, which will swell the student population considerably. The business currently offers Greek cuisine, but there is scope to offer other types of fayre. Various societies and sports clubs also use the venue and the business benefits from a nationwide reputation. We feel this is an excellent opportunity for any new owner to build upon an already successful business and Preferred Commercial urges early viewing to fully appreciate.
Financial Details
W/T: £5,000 approx.
Opening Hours
Mon- Sun: 11.00am - 12.00am
Accommodation Details
Restaurant, Bar & Function Venue. Briefly comprising:
Ground Floor
• Restaurant area with 50 covers, 2 galleries with a further 55 covers
• Bar with well fitted central servery
• Commercial kitchen, well equipped
• 2 sets of ladies and gents WCs
• Disabled WC
• 2 additional lounges
External
• Enclosed courtyard with 100 covers
Additional Information
• We are advised that there are various flats above the business, which are available if required.
• Free of tie
Tenure
Leasehold:
New lease to be negotiated
Lease length: 10 years
Review: every 3 years
Rent: £50,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1198 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
