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Licensed Restaurant For Sale Herts/essex/cambs Border

Royston Hertfordshire
Extremely impressive building, 60 seater restaurant with outdoor seating for further 30 covers in prominent town centre position. Separate bar area and recently fitted kitchen. Commuter belt area. Lease to let or rent Licensed Restaurant For Sale Herts/essex/cambs Border is located in Hertfordshire.

ADVERT NUMBER : 65671
ADVERT IMPRESSIONS : 7,203 TIME(S)

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

ASKING PRICE:

£65000
 

BUSINESS DETAILS:

Business turnover is currently £200K with much scope for improvement. Location is in the centre of a thriving market town, the town is in the process of the council rejuventing the square in which the restaurant sits and has been granted a license for outdoor seating for about 30 covers (ready in October 2011) relatively little competition in the area - a few ethnic restaurants which are very popular. We currently employ 3 full time staff plus part timers - there is no loving accommodation or allocated parking with the building but a pay and display parking area is on the Square which the restaurant sits. Only established for one year and the reason I want to sell the business is because I cannot dedicate my time to it due to other work commitments and kids etc. (I thought I could! ! ) So it is not being given the attention it deserves.

Open everyday and evening except sundays at present - all fixtures and fittings are as good as new. You could walk in and open up tomorrow - would make a great ethnic/italian restaurant or a perfect opportunity for a first timer as the overheads are very low.

Like I say, if I could split myself in 2 I would not be selling this restaurant. Annual rent £15, 000 - 8 year lease left.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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