Steakhouse Restaurant for sale Urgent sale

Located in a bustling area, this steakhouse presents an exceptional opportunity for discerning buyers seeking to make their mark in the hospitality industry. With a lease available for up to seven years, potentially extendable to ten, the establishment is situated in a prime location with ample foot traffic.

The restaurant can comfortably seat over 45 diners and offers free parking in the evenings, making it an appealing choice for locals and visitors alike. The monthly rent is set at £1,500, reflecting the competitive market rates for such a desirable area. The premises comprise two front shops, fully equipped to facilitate smooth operations and deliver a superb dining experience.

Currently, the business operates only on weekends due to management constraints and a lack of interest, which presents a unique opportunity for new ownership to reinvigorate and expand its potential. The asking price for this fully equipped steakhouse is fixed at £39,000, providing a transparent and straightforward financial commitment for potential buyers.

Viewing and Purchase Information

Serious inquiries are welcome, with prospective buyers encouraged to visit the venue at their convenience. However, please note that only genuine offers will be considered—time wasters are not entertained. To secure your interest, a small deposit is required which will enable the removal of advertisements, ensuring the property is not marketed to other potential buyers.

Payment Terms

Please be advised that payment must be made in full, either in cash or via bank transfer, as credit arrangements are not available. The lease will be transferred on the same date as the transaction, ensuring a seamless transition for the new owner. Additionally, a total of three deposits, which includes one month’s rent in advance, will be required.