Bar And Restaurant In Whitehaven Cumbria | | Whitehaven Cumbria | | Bar and Restaurant Whitehaven, Cumbria T/O: £204,000 GP: 63% Scope to increase turnover Modern fixtures and fittings Harbour position Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57563
ADVERT IMPRESSIONS : 13,105 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £229,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Vagabond is ideally located adjacent to the harbour in Whitehaven, Cumbria. The bar and restaurant business occupies 2-storey premises and also lies close to the town centre shops and amenities. Whitehaven harbour is the most comprehensive mooring on the northwest coast and boasts 285 fully serviced berths and extensive quay wall berths for larger boats. This provides high footfall from visitors passing from the harbour to the town and also local tourists drawn to the harbour views and facilities. The premises enjoy ample car parking in the vicinity and there is a bus stop close by. The business has easy access to the A5094, which in turn connects to the A595. Penrith and the M6 motorway are both approximately 40 miles to the east.
Business History
Preferred Commercial is delighted to offer for sale this popular bar and restaurant, which has been operated by our client since 2007 and which is only now offered for sale due to a change in our client's family commitments. The public house is well-equipped to suit the trade and boasts modern fixtures and fittings throughout, with a public bar downstairs and a restaurant to the first floor. The property has recently had a new boiler installed. Our client provides a range of freshly prepared local fare and has established a loyal customer base from local residents and visitors to the harbour. The Whitehaven Maritime Festival attracts in excess of 200,000 people every year. The premises also have a live music licence and are licensed for alcohol sales until 12.00am. The business is currently run at a pace to suit and generates a turnover in the region of £240,000 per annum with a gross profit of 63%. We feel the turnover could be further improved by extending the opening hours and, perhaps, theming the restaurant as a seafood restaurant. There is also an option to offer the facilities for private parties and celebrations. A quality web site containing information about the available facilities, location and contact details would also enhance the business. This is an ideal opportunity to acquire a modern bar and restaurant in a great location, which has further potential. Early viewing and negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £240,000 approx.
GP: 63%
Opening Hours
Mon & Tues: 5.00pm to 11.00pm
Weds - Sun: 12.00pm to 2.00pm & 5.00pm to 11.00pm
Accommodation Details
2-storey, lock-up bar and restaurant premises with gas central heating. Briefly comprising:
Ground Floor
• Bar with tables, chairs and bar servery with 10 points of dispense, glass washer, glass-fronted bottle chiller, coffee machine, electronic cash register connected through to kitchen, Bose sound system
• Ladies and gents WCs with disabled access
• Store room with chest freezer
• Office with desk, chair and shelving
First Floor
• Restaurant with views to the harbour, tables and chairs for approximately 50-covers
• Commercial kitchen with dishwasher, stainless steel preparation tables, sink unit, 2 x floor-standing refrigerators, 6-burner gas hob, 2 x microwave ovens, double fryer and extraction system
• Pantry with storage, refrigerator and freezer
External
• Access for deliveries
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2138 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
