Thriving Town Centre Restaurant & Bar in South Lanarkshire, Seating for 100
Lanark, South Lanarkshire
- Status
FOR SALE
- Advert ID
613282
- Leasehold: £85,000 (Stock at valuation)
- or
- Freehold: Price on Application (Stock at valuation)
- Rent: £35,000 (£2,917 per month)
- Turnover: £500,000 (£9,615 per week)
- Profit: On request
Key Features
- Town Centre location
- Unique Business
- Prime Location
- Attractive Business
Business Details
60 Cover Attractive Town Centre Restaurant & 40 Cover Separate Bar
Immaculate 60 cover restaurant & bar with newly refurbished additional bar/pub service by its own entrance & toilets etc.
The Woodpecker itself has been well established for many years in the town and is very well known, situated just off the Main Street. The modern/contemporary restaurant has been operating since 2021 under current ownership as a Scottish bistro style family restaurant, there is scope for new ideas as this restaurant would suit any cuisine type. The restaurant currently trades well Wednesday-Sunday.
The Woody bar has recently started trading 7 days after full refurbishment and introducing Live Sports, Music and Quiz nights which are very well received, we expect this to increase turnover dramatically. The bar seats 40 comfortably and has a capacity of 100pax and consistently hits capacity at weekends with a late licence of 2am on a Friday & 1am Saturday. A pool table and interactive darts lane attracts additional custom. Again there are opportunities to increase trade hours. We operate with a great team of 8 staff, most of which have been with us for the time we have owned the business.
All fixtures and fittings are included in the asking price and will be listed and valued by an independent valuator for peace of mind. The whole place really really is in great walk in condition.
Confidential advertisement to minimise business disruption. Please get in touch with any other questions.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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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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.
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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.
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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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