Beautiful Restaurant For Sale In Kinver Premium Advert

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Status
FOR SALE
Advert ID
198901
Reference
restkinver / RightBiz

Details

City Business Brokers are pleased to market this authentic lovely restaurant in the heart of this beautiful village of Kinver

This top rated restaurant is now a reluctant sale due to the partners wishes to retire after many years within the industry

Established for 10 years this stylish 60 cover restaurant boasts award winning reviews and appeals to locals and tourists . Operates on a consistent level of turnover with still plenty of potential for growth and continued on-going cost savings. The sale includes all fixtures, fittings and equipment plus many years of goodwill .

The business would suit a couple or partnership to owner run this business to maximise profit potential. Current turnover is in the region of£300000 per annum with scope to increase . The premises are being offered with the benefit of a renewable 5-10 year lease issued by a private landlord with approximately 19 months left on the present lease .

The current rent stands at £19500 per annum includes potential staff accommodation, storage and cellar. We are advised that the business are £7500 per annum

Trading Hours are Monday 6-10pm Tues-Sat-12-2pm &6-10pm Sunday 12-2pm

Staffing levels are – 3ft (owners ) and 9part time

Reason for sale –i Retirement PROPERTY DESCRIPTION Fitted and presented to high trade specifications throughout, this substantial and well maintained two-storey leasehold character parade premises provide excellent and highly functional internal business accommodation to the ground floor which briefly comprises an inviting single-fronted public entrance directly off the high Street into a welcoming customer service and bar area with prominent menu board which houses a large glass-fronted refrigerated delicatessen-style food display and electronic till/food ordering point, chilled drinks display units, modern coffee machine and small open preparation area The main customer service area, in turn, affords feature open archway access through to an attractively furnished and fully licensed restaurant and bistro dining area which may comfortably accommodate up to 60 covers for the provision of a full and varied menu of classic English food

The restaurant has a functional kitchen to the rear which leads on to its own carpark (10 parking bays ) plus further council parking to rear Externally Occupying an outstanding and highly visible trading position among other complementary outlets in Kinver,” to the exterior the premises are well signed and presented and afford ample and inviting display window space onto a busy commercial thoroughfare.

Main points to note

A prime trading position – Stylish 60-cover parade premises on 2levels – Good consistent levels of turnover on seven day week -long established reputation and regular customer base -Lots of year-round passing trade benefits – Huge scope for outside catering and increased Sunday trading valuable inventory of equipment included -Adaptable to host of alternative licensed hospitality styles – New Lease available

Priced for quick genuine sale -Early viewing essential
Listing Details
Leasehold Price: £85,000
Tenure: Leasehold
Sector: Restaurants, Italian Restaurants, Bistros
Financials
Annual Turnover: £300,000
Key Features
  • Ideal for Full Refurbishment
  • Fully Fitted
  • With Accommodation
  • Accounts Available
  • Established Business
  • Adjacent to Multiple Retailers
  • With Car Park
  • Prime Location
  • Town Centre location
  • Retirement Sale
  • High Turnover
  • Attractive Business
  • Offers Invited
  • Close to Local Amenities
  • Central Position in Affluent Village
  • Free of Tie Leasehold
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The data showed regarding this advert 'Beautiful Restaurant For Sale In Kinver - restkinver / RightBiz' comprises as a business advertisement. RightBiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall RightBiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.