Restaurant for sale in Northampton

Summary:

- Rental Property
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- Residential Area
- Highly Rated
- Established Business
- Proof of Funds Required

Business Description:

Silk Letting Ltd are delighted to welcome to the market a stylish contemporary restaurant with alcohol licence offering fresh and diverse Mediterranean dining in Northampton.

The restaurant is ideally located on a busy high street in the town centre surrounded by lots of pubs and other businesses, it is the only restaurant of its kind in the area. This bright and modern restaurant is fitted to a high standard and has gained many 5* reviews across multiple platforms

This bright and modern restaurant is over 2 floors, the ground floor and main restaurant seating area has a total of 100 covers and also benefits from a function room, wine cellar and comes complete with a large 3 bedroom flat that has its own entrance

Location and Amenities:

The business is in a prime location in a busy area of Northampton. With good transport links making the premises easily accessible for both the owner and customers.

The business is surrounded by local amenities and bars, putting it in the heart of a trendy and busy neighbourhood.

Growth Potential:

This is a perfect opportunity for any new owner looking to purchase a well-established business with the potential for further growth

This already successful business could increase revenue by extending opening hours to include a breakfast menu. Offers and discounts throughout the week at quieter times to increase business and net profit.

Extended online platforms to include Deliveroo, Just Eat and Uber Eats.

Increase social media following by running incentives/competitions for customers on Facebook and Instagram accounts to boost social media following and encourage more customers to order online or visit the shop.

Financial Profile:

Tenure: Lease – Rents property only – to be negotiated.

Turnover is available upon request.

Property:

The property is well maintained with bright modern décor and is located over one floor and consists of a counter area, dining area that accommodates 100 covers. The property also benefits from a kitchen, cold room, stock room and wine cellar. The front of the property benefits from folding doors that can be fully opened.

Security:

The property is fully secured with an alarm system throughout and CCTV cameras covering both the inside and outside of the premises.

Fixtures and Fittings:

All fixtures and fittings are included in the asking price making it fully equipped and ready for any new owner to take over and continue running. Included in the assets are all the kitchen equipment.

A full list of assets is available upon request.

Staff:

The business currently employs 9 staff members, who are happy to continue employment under new ownership.

This is an exciting turn-key opportunity for any new owner looking to purchase an already existing business with the potential for further growth.

The business is currently open:

7 days – 12 pm – 1 am

Reason for Sale:

The owner is selling the business due to other business commitments. This creates the perfect opportunity for any new owner to take over an already well-established and profitable business.

Would you love to be running an already successful business and call it your own?

This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.