Restaurant for sale in Hemel Hempstead

Summary:

- Rental Property
- Huge Potential
- Prime Location
- Unique Opportunity
- All Fixtures and Fittings Included
- Highly Rated
- Established Business
- Proof of Funds Required

Business Description:

Silk Letting Ltd would like to welcome to the market a stylish contemporary restaurant with an alcohol licence in Hemel Hempstead. Offering fresh and healthy food using locally sourced ingredients serving exquisite modern European cuisine
The current owner opened the restaurant in 2019 after renovating the premises to a high standard meaning it is fully fitted and ready for you to step in make it yours and start trading immediately.
The business is located over 1 floor and can accommodate up to 120 covers, the current owner also has an outdoor licence with additional outdoor seating for a further 30 covers. The business also has an alcohol licence.
The restaurant has built up an outstanding reputation within the local area gaining many 5* reviews across multiple platforms. The business is also highly placed on TripAdvisor and benefits from a high footfall of regular returning customers as well as walk-ins and bookings.
The business also caters for private parties and events and has parties booked for September onwards, all pre-booked parties and events will be transferred to any new owner.
This highly rated business is ideally located within a local shopping centre and benefits from a high footfall of passing trade and a busy area surrounded by other businesses. Fitted to a high standard and with a good food hygiene rating, all assets and equipment are included.
The business has a fully functional website that is used for online orders as well as pre-established delivery agreements with Deliveroo, Uber Eats and Just Eat as well as a reputable social media presence.

Location and Amenities:

Situated on the corner of a busy shopping centre in Hemel Hempstead, it is in a prime location with a high footfall of passing trade and walk-ins. The business is surrounded by other businesses.
With a town centre location, the business benefits from good transport links and ample parking making the business easily assessable for both the owner, staff and customers.

Growth Potential:

This is a perfect opportunity for any new owner looking for a well-established business with the potential for further growth.
Any new owner could embark on a modest marketing campaign that would increase sales and reach a wider market.
Increase social media following by running incentives/competitions for customers on Facebook and Instagram to boost social media following.
Offers and discounts throughout the week at quieter times to increase business and net profit.

Financial Profile:

Tenure: Lease (rents property only) – 22 years remaining on the lease.
Business Rates: Available upon request.
Turnover is available upon request.

Property:

The property has recently had a £500,000 refurbishment creating a modern bright environment.
The business is located over one floor with large glass windows allowing lots of natural light to flood the restaurant creating a bright spacious environment that is decorated to a high standard with a modern contemporary feel.
Consists of a dining area that accommodates up to 120 covers, a large central bar and counter area, glass washroom, office, boiler room, customer and staff toilets, large 80 square metre kitchen that includes all equipment and is electric with no gas supply.
Located near the main kitchen are a dry storage room, walk-in fridge and freezer and washing room. There is an entrance at the rear of the property near the kitchen that is used for deliveries.
The property also benefits from an outdoor seating area that can accommodate an additional 30 covers.

Security:

The property is fully secured with an alarm system and CCTV cameras throughout. The property also benefits from its city centre location and street cameras outside the property. It is fitted with fire alarms and air-conditioning.

Fixtures and Fittings:

All fixtures, fittings and stock are included making it fully equipped and ready for any new owner to take over and continue running. All kitchen equipment and assets are included.
A full list of assets is available upon request.
We anticipate great interest in this amazing listing and such a huge business opportunity is not to be missed. We do not anticipate this business to be on the market for long.

Would you love to be running an already successful business and call it your own? This is an enormous and distinctive business opportunity to become your own boss and carry out your passion daily.

Staff:

The business currently employs 6 full/part-time 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.

Reason for Sale:
The current owner is selling the business due to other business commitments, creating the perfect opportunity for any new owner to take over an already established business and take it to the next level.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for any new 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.