Fully Fitted Restaurant/Bar for Lease in Prime Bristol Location
City of Bristol, Bristol
- Status
SOLD / WITHDRAWN
- Date Submitted:
15/05/23
- Advert ID
513230
- Leasehold: £68,000 (Stock at valuation)
- Rent: £18,000
- Turnover: On request
- Net Profit: On request
Key Features
- Attractive Business
- Prime Location
- Close to Local Amenities
- Potential for Alternative Use
- Open Plan Trading Area
- Unique Business
- Town Centre location
- Established Business
- Accounts Available
- Central Position in Affluent Village
- Fully Fitted
Business Details
Fully fitted Restaurant & Bar for lease
Rare opportunity to acquire a fully fitted and very well presented restaurant/bar located in a prime position on Chandos Road, Redland, Bristol BS6. The property is arranged as a large dining area, Cocktail bar, two kitchen areas, large walk in fridge, dry store, office and toilet facilities. Offered by way of an assignment of the current occupiers existing lease, subject to an ingoing premium to include fixtures and fittings.
Description - Very well presented and fully fitted restaurant/bar, benefiting from full commercial extraction. The property has been refurbished to a high standard and offers a fantastic opportunity in a highly sought after location. The restaurant comprises a large customer seating area, bar area, fully fitted kitchen, walk in fridge, dry store, office and toilets facilities.
Location - Situated in a prime position on Chandos Road, Redland, within close proximity to Clifton and Whiteladies Road, Bishopston and Gloucester Road, Cotham, Kingsdown, St Andrews, and Bristol city centre.
Chandos Road is very popular with independent retailers,craft beer bars, pubs and great restaurants and benefits from high levels of footfall and passing traffic throughout the day and evening.
Lease Details - Offered to let on the basis of an assignment of the current occupiers 20 year lease from 2017 subject to 5 yearly rent reviews.
The restaurant is located in a prime spot, with good transport links in the area plus esay access to metered weekday parking, and free parking weekends and after 5pm.
The restaurant consists of a bar area and dining room seating at least 45 covers in total.
All fixtures and fittings are to be included in the sale.
This established business is situated in a prime location, offering a unique opportunity for potential buyers.
The restaurant and kitchen comes fully fitted with quality chattels, including a large walk-in chiller, air conditioning heating in restaurant, quality ventilation, three phase power into the building and kitchens, two dishwashers, two blue seal ovens, plus service fridges and all cooking equipment and storage equipment you would need, high quality furniture, tableware and barware.
This is a very attractive business prospect.
In-going premium
£68 000 ( plus stock, plus VAT if any).
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Stay Safe
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.
Stay Safe
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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