Family Run Restaurant for Sale in Preston Lancashire - Open to Offers, Prime Location
Preston, Lancashire
- Status
FOR SALE
- Date Submitted:
16/01/23
- Advert ID
506413
- Leasehold: £95,000 (Stock at valuation)
- Rent: £27,000
- Turnover: On request
- Net Profit: On request
Key Features
- New Lease
- High Turnover
- Close to Local Amenities
- Retirement Sale
- Price Further Reduced
- Prime Location
- Fully Fitted
- Town Centre location
- With Car Park
- Potential for Alternative Use
- Free of Tie Leasehold
- Established Business
- Attractive Business
- Small Business
- Offers Invited
- Unique Business
Business Details
Restaurant for sale in Preston Lancashire open to offers
Established family run restaurant, fully fitted and equipped exceptionally to a high degree, based on main street of city: surrounded by hotels, Bingo, Lidl,Cube
Lots of other shops and takeaways.
Currently trades as a steakhouse since 2020, but suitable for any type of restaurant due to complexity of equipment, the proximity to town centre and there is a high demand for other types of cuisines as well.
3 stories FULLY LICENSED restaurant,100 seats, the current working hours 5-10pm
The operation (alcohol) license is from 11am to 23.30am on every day. The new owner can increase the hours if needed.
The ground floor works as the restaurant (tables, booths and chairs for 50 persons) ( kitchen included brand new canopy and extractors fitted).
On the first floor includes function rooms tables and chairs for 50 persons), cinema room, staff room.
On the second floor there is the possibility to build living flats (permission already granted by Planning Department in 2021) which can cover the full cost of rent monthly.
The building also includes a basement which CAN BE used as freezer room or storage.
Includes private gated car park.
Most of the fittings and equipment is included (kitchen, bar, etc). e.g., rational oven(gas), stone-based pizza oven, large grill(gas), deep fryer(gas),
Dishwasher,6 burner gas cooker(gas), two double fridges and freezers, one small fridge, a chest freezer, a tall freezer, four more fridges in the bar area,
Large gridle, baie marine, double sink, all the selves and tables in the kitchen are stainless steel. Plenty plates and cutleries at high standards.
Ready to operate straight away.
CCTV system (14 cameras,1 monitor) installed. Alarm system (Verisure) with nine cameras active.
5-star hygiene rating.
Asking price £ 95000, ten years lease.
Rent £27.000 p/a.
Selling urgent due to relocation in my own country .
If you have any further questions, please contact us :(available on request)
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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