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LICENSED RESTAURANT: NORTHERN QUARTER:

Undisclosed, Undisclosed
Leasehold Price:
£120,000
Status
FOR SALE
Advert ID
252075
Reference
R9300 / Rightbiz

 This well-established licensed restaurant has been owned by our client since 2012 and is only for sale today due to our client’s other business commitments. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, extending the current opening hours to introduce earlier openings, later closes and a breakfast menu. This business has already gained an excellent reputation within the area, achieving a 4 star rating on TripAdvisor.co.uk from over 1,390 reviews.

  • Taking £24,000 per week
  • Rent £1,058 per week plus VAT
  • Seating for approx 135 plus separate al fresco seating for 30
  • City centre site
  • Located in the very popular and much sought after Northern Quarter district
  • Large amount of residential dwellings & investment in area
  • Surrounded by restaurants, pubs, bars, eateries, shops & offices
  • Facing Northern Quarter car park
  • Scope to increase deliveries, introduce outside catering and extend current opening hours
  • High levels of passing trade
  • Hours of Opening 12:00noon – 10:00pm Sunday to Thursday & 12:00noon – 11:00pm Friday & Saturday
  • New lease available

The premises with separate al fresco seating or approximately 30, reception area with desk, seating for approximately 40, disabled WC facilities, good sized bar, rear kitchen providing washing up area with machine, preparation area, cold storage, 6 burner oven, large Blue Seal hot plate, further preparation space & exit leading to side alley. The 1st floor provides private dining area to seat approximately 20. The 2nd floor provides large preparation room with convection oven, preparation area & cold storage. Stairs lead down from bar area to 2nd bar, large dining room to seat approximately 75, ladies & gents WC facilities, beer cellar, fire exit, staff changing room & small office.

Listing Details
Leasehold Price: £120,000
Tenure: Leasehold
Location: Undisclosed, Undisclosed
Sector: Restaurants
Financials
Annual Turnover: £1,248,000
Key Features
  • Prime Location
  • Town Centre location
  • New Lease
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: R9300 / Rightbiz
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Find out more about the business by contacting the seller