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Established Restaurant / Brasserie In Shrewsbury

Shrewsbury Shropshire
Restaurant/Brasserie, Shrewsbury, Shropshire T/O: £100,000 Huge scope Unique premises Cavern style restaurant
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 47999
ADVERT IMPRESSIONS : 13,444 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Agent Sale

LEASEHOLD:

£44,999

ANNUAL RENT:

£8400
 

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BUSINESS DETAILS:

Location
Traitors Gate Brasserie is ideally located in an arcade off Castle Street in the heart of the historic town of Shrewsbury, Shropshire. The brasserie occupies unusual and characterful premises and benefits from ample parking facilities in the vicinity. Shrewsbury lies on the River Severn and is a historic market town with a largely unaltered medieval street plan and boasting some 660 historic buildings, many timber framed. The picturesque town is very popular with tourists all year round. The town is easily accessible with excellent rail links and easy access to the A5.

Business History
Preferred Commercial is delighted to offer for sale this well-established brasserie, which has been in our client's hands since 1997 and which is only now being placed on the market due to his wish to retire. The business generates a turnover in the region of £100,000 per annum derived from a menu of mediterranean and continental meals, hot and cold beverages and a licensed bar. The business currently opens 5 days a week but there is scope to open 7 days if desired. There is the possibility of adding further covers, which would increase turnover, as would a modest advertising campaign. There is a quality web site for the business. The restaurant is housed in unique underground arches, giving a cavern like atmosphere, with tables placed in various cosy nooks. We feel this is an ideal opportunity to acquire a popular brasserie housed in unique premises. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £100,000 approx.

Opening Hours
Mon: Closed
Tues - Sat: 10.30am - 2.30pm & 6.30pm - 9.45pm
Sun: Closed

Accommodation Details
Unique premises set in an arcade under arches, briefly comprising:

Lower Ground Floor
• Bar with wooden servery, 3 x chillers, coffee machine, ice machine, wine chiller, electronic cash register and seating area
• Restaurant with exposed brick arches, 13 tables offering 42 covers (scope for more if desired) and wine display
• Kitchen with stainless steel work surfaces, stainless steel sink, 6-burner hob and ovens, 2 x grills, stainless steel extraction system and dishwasher
• Dry store
• Staff WC
• Customer WCs shared with other shops in the arcade
• Stairs leading up to arcade

Tenure
Leasehold
Original length:10 years
Remaining: 8 years
Rent: £700 per month
   
  FOR SALE
   

REFERENCE:

1721 / RightBiz
   
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