This impressive restaurant occupies a highly prominent trading position on Western Road, one of the city’s principal thoroughfares, benefiting from substantial levels of pedestrian and vehicular traffic throughout the day. The premises are located close to affluent residential population and diverse mix of independent operators, retailers and hospitality businesses. Having traded successfully from the premises for approximately nine years, the restaurant has established itself as a well-regarded local destination. The vendors are now considering relocation and, as such, are offering the lease together with the benefit of the extensive fixtures, fittings and equipment. The premises offer considerable flexibility and would be suitable for a wide range of hospitality and catering concepts, subject to any necessary consents.
- Asking Price:
- £55,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
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Leasehold
- Lease Terms:
-
The premises is currently held on a full repairing and insuring lease, which has approximately 1 year unexpired at a current rent of £45,000 per annum, exclusive of VAT. The new rent is expected to be circa £47,000 per annum and the landlord’s would require a 6 months rent deposit.
- Location:
-
The premises are located close to affluent residential population and diverse mix of independent operators, retailers and hospitality businesses.
- Premises Details:
-
This exceptional restaurant occupies a prominent position on Western Road, one of the city’s busiest thoroughfares, benefiting from constant passing trade and major bus routes running directly along it. The premises are also conveniently located in an area well known for its mix of residential, retail and hospitality businesses. Upon entering, customers are immediately welcomed by stylish counter seating that wraps around both the bar area and the impressive open-plan theatre-style kitchen, creating an engaging and interactive dining experience. The restaurant is presented to the market in excellent condition and is fully fitted and equipped throughout, allowing a new operator to commence trading with minimal additional investment. Towards the rear of the premises is further table seating, providing a comfortable and inviting dining environment. The restaurant accommodates a total of 42 covers, including the attractive courtyard seating area adjacent to the premises, for which permission has been granted for customer use. The lower ground floor houses the customer toilet facilities, together with a dedicated office, drinks store and a substantial preparation kitchen. This well-appointed kitchen benefits from extraction, a separate wash-up area and extensive stainless-steel work surfaces and storage units throughout. In addition, a fully operational dumb waiter services the kitchens, providing efficient transportation between floors and enhancing the overall functionality of the business. This is a rare opportunity to acquire a beautifully presented and fully equipped restaurant in a highly sought-after trading location, suitable for a variety of dining concepts.
- Planning Consent:
-
PREMISES LICENCE: Sale of retail alcohol - 10:00:00 - 00:00 Monday- Friday 12:00:00 - 23:30:00 Friday-Saturday
- Energy Performance Rating:
- D
