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26008 Suffolk Prominent Town Centre Restaurant For Sale Leasehold

Undisclosed Suffolk
Located in a thriving restaurant district Seating for 50 customers over two floors Wealth of original exposed features Established as a restaurant in the area since 1994 Revenue £269,445 exc VAT to y/e 31 August 2010 Early viewing is advised
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60327
ADVERT IMPRESSIONS : 17,896 TIME(S)

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

LEASEHOLD:

£100000

ANNUAL RENT:

£20000
 

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BUSINESS DETAILS:

The Property
A Grade II Listed lock-up property with accommodation on ground and upper floor benefitting from fine original features. There is an enclosed courtyard at the rear. The property is one of the most recognisable buildings in the area.

Public Areas
Main entrance porch leading through to the trading accommodation.
Restaurant, providing seating for 18 customers, with bar servery and open view kitchen/pass. The restaurant extends up to the first floor where a further 32 seats are provided.
Separate ladies and gentlemen’s WCs.

Ancillary Areas
Trade kitchen, comprehensively stainless steel fitted kitchen, with under counter fridges, extraction and pass.
Wash-up area.

External Details
Enclosed courtyard at the rear of the property, which can accommodate a further 40 customers and is widely used during warmer months. Sheds providing storage.

The Business
Owned and operated by the vendor since 1994, the business is well established in the area and has provided consistent levels of revenue.
Operating 6 days a week, for lunch and dinner custom is derived from local businesses, shoppers, local residency and visitors to the town.
The business holds a very good reputation and is acknowledged as one of the towns finest restaurants. The owner is selling for personal reasons allowing it to move forward under new ownership. Restaurant revenue has increased over the last twelve months. There is potential to extend into the courtyard increasing seating/ancillary space or by providing a permanent awning subject to planning consent being granted.
This is a truly unique business and we expect strong interest and, as such, would recommend an early viewing.
   
  FOR SALE
   

REFERENCE:

26008 / RightBiz
   
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