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Cocktail Bar Restaurant In Whitby For Sale

Whitby, North Yorkshire, UK
Asking Price:
£250,000
Turnover:
Available on request
Net Profit:
Available on request

Business For Sale: Cocktail Bar / Restaurant, New Quay Rd, Whitby YO21 1DH

Parker Barras are delighted to bring to the market this rarely available, stunning business opportunity located in Whitby.

Whitby is a seaside town in North Yorkshire, England with just about everything you can ask for from a coastal town; gorgeous sandy beaches, a picturesque harbour, loads of history and lots of things to do and is often voted as the UK’s most popular holiday destination.

Macy Browns is famous for its Cocktails, offering high end cocktails, Fresh Crab Salads, Smash Burgers with white truffle or a sharing tapas hot platter plus much more.

The business opened in 2021 and commands a highly visible location on New Quay Road, one of the main roads into Whitby, overlooking the harbour.

Google reviews 4.5/5

Facebook reviews 4.4/5

TripAdvisor 4/5

OpenTable 4.3/5

Its on the first floor of the building, benefiting from lift access and has 45 covers internally and an additional 35 covers on the terrace.

Open 7 days a week from 10am – 11pm, during high season the business boasts sales of up to £30,000 per week, with a high profit margin on the drinks.

The property is held on a ten-year lease at a rental of £1200 per month

Business rates payable are £3,000 per annum

The name Macy Browns can remain, subject to entering a franchise agreement or alternatively a period of time of will be granted allowing the new owner to rebrand.

Very reluctant sale, due to owners’ other business interests

Offers over £250,000

Please note we ask interested parties to visit the premises as customers in the first instance, please do not approach the staff. Please then arrange viewings through sole agents Parker Barras.

Property Information

Property:

Leasehold

Leasehold Type:
Existing