Restaurant Sheffield | | Undisclosed South Yorkshire | | SHEFFIELD LEASEHOLD RESTAURANT - Est 20 yrs 32 covers 1/2 bed Accom available W/T: £3,000 @ 60% GP L/H: £50,000 + SAV REF: 8328S | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69089
ADVERT IMPRESSIONS : 13,476 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Bistros | | SALE: | Agent Sale | LEASEHOLD: | £50000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business occupies a prime location within a busy parade in a densely populated residential suburb of Sheffield, on a main road.
There are excellent parking facilities including free bayed parking to the front of the premises and on the streets surrounding.
THE BUSINESS
Advent Business Sales have been instructed to offer for sale this well established business with still further potential.
Established in 1989 by the vendor, it is now reluctantly offered for sale due to the vendor’s early retirement plans.
Currently staffed by a husband and wife team plus two part time members of staff the business benefits from an air conditioned premises with 32 covers and offers a range of French cuisine.
Due to its excellent reputation, the business benefits from a high level of repeat and referral business, thereby currently not having a need to advertise.
The business and premises also benefit from a full alcohol license and the restaurant has a customer bar servery area within the premises.
There is also a commercial kitchen on the ground floor of the premises with a large dry cellar to the lower floor, currently used for storage and refrigeration.
The premises also benefit from spacious living accommodation to the upper two floors of the building, although these are not included in the sale of the lease, they are available by separate negotiation.
EXPANSION POTENTIAL
While already a successful business, there is still excellent potential for growth and expansion including potentially changing the menu offered or to include additional cuisine and marketing within the Sheffield area.
TRADING HOURS
Tues – Sat: 6.00pm – 12.00am
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £3,000
Gross Profit: 60%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
An attractive ground floor restaurant consisting of the following:
Ground Floor
Entrance door vestibule leading into main restaurant area with first level consisting of
Bar plus 18 covers
Steps leading to slightly raised area with further 14 covers
Archway leading to w/c
Doorway leading to kitchen with full stainless steel commercial kitchen including 6 ring burner and extraction
Doorway leading to cellar area with refrigeration in place and storage
Exit door leading to large main yard with out door storage.
TENURE: Leasehold with new lease available from vendor – terms therefore negotiable
Rent: £13,000 per annum
We are advised that the annual business rates are currently: £800 – after small business rate relief
VIEWING
Please DO NOT approach the business or its employees without a prior appointment.
All appointments are to be made via our office. | | | | | | FOR SALE | | | | | REFERENCE: | 8328S / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
