Popular Restaurant In Great Yarmouth Norfolk | | Great Yarmouth Norfolk | | Restaurant Great Yarmouth, Norfolk T/O: £379,995 GP: 75% Scope to increase turnover Loyal customer base Sea-views Town centre location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61270
ADVERT IMPRESSIONS : 9,051 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £369,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Monte Carlo occupies substantial multi-storey premises ideally located on the sea-front in Great Yarmouth, Norfolk. The premises benefit from beautiful sea views and from being surrounded by a variety of complementary shops and businesses. There are regular buses running through the area and the railway station is within easy walking distance. The business boasts easy access to the A-road network and the town centre. Great Yarmouth is a popular tourist destination with many amenities and attractions including the Pleasure Beach, Joyland and the House of Wax. Norwich lies approximately 20 miles to the west and Lowestoft is less than 10 miles to the south.
Business History
Preferred Commercial is delighted to offer for sale this popular restaurant, which was established in 1976 and has been in our clients' careful hands since 1991. The business is only now offered to the market due to our clients' wish to retire. The premises are well-equipped to suit the trade with a large restaurant area with tables and chairs for up to 40 covers and a commercial kitchen. The business has an excellent reputation and enjoys much repeat trade and word of mouth recommendations. The premises boast spacious 4-bedroom owners' accommodation with lounge, kitchen and a self-contained bedsit to basement. The business is currently run at a pace to suit our clients' and only opens in the summer season. The restaurant generates a turnover in the region of £90,000 per annum with a gross profit of 75%. We feel this could be further increased by extending the opening hours and opening all year round. The new owner could, if desired, convert the bedsit to further restaurant seating to increase capacity. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £90,000 approx.
GP: 75%
Opening Hours
Mon - Sun: 10:00am to 7:00pm
Summer only
Accommodation Details
Substantial restaurant premises with 4-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Restaurant area with tables and chairs for up to 40 covers
• Kitchen with preparation table, chest freezer, griddle, double fryer, 4-burner gashob and oven, 6-pot Bain Marie, boiler, grill and canopy
• Preparation area with stainless steel counter, sink, commercial dishwasher, meat slicer, 2 x microwave ovens, 2 x fridgefreezers and wash hand basin
• Store room with 2 x freezers, 3 x chest freezers, drinks refrigerator, washing machine, dryer and work bench
• Covered yard area with large drinks refrigerator, potato rumbler and potato chipper
• Bathroom with shower, WC and wash hand basin
Lower Ground Floor
• Bedsit with lounge/bedroom, kitchen, storeroom and door to rear yard
First Floor
• Lounge
• 2 x double bedrooms
• Newly refurbished kitchen
• WC with wash hand basin
• Lounge with sea views
Second Floor
• 2 x large double bedrooms
Third Floor
• Attic room currently used as bedroom
External
• Rear yard with parking for 1 car
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2325 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
