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Licensed Restaurant & Coffee Shop In Guisborough For Sale

Guisborough, North Yorkshire, UK
Asking Price:
£55,000 Furniture / Fixtures included
Turnover:
£250,000
Net Profit:
Undisclosed
  • Turnover circa £250,000 per annum.
  • GP margin 65% - 70%.
  • Located in popular market town.
  • Scope to extend trading hours and menu.
  • 60 cover capacity with additional outside space.
  • Ideal for owner operator.
  • LEASEHOLD PRICE £55,000/OFFERS plus stock.

Property Information

Property:

Leasehold

Lease Terms:

A new lease is available at a rent of £1,210 per month.

Location:

The business is located within a busy and popular street just off Westgate which is the main route running into the town. Guisborough is a popular market town with an expanding local population and with good road links via the A174 into Middlesbrough.

The coffee shop is located on a busy street which links Westgate with one of the main car parks. Free parking is available for up to 2 hours in the town’s car parks.

Premises Details:

The Priory Bistro which was acquired by our client in late 2015 but is placed on the market as they now wish to reduce their business commitments.

The premises are configured to provide a dining and service area to the front with another two other dining spaces towards the rear but which front onto an open space with additional external seating. There is a fully equipped kitchen off the main dining area plus a service area for staff to plate up.

The menu is traditional coffee shop fare with hot and cold drinks, light meals and daily specials. The business has a 5* local authority hygiene rating and excellent social media feedback from a loyal customer base.

There is scope to develop the current menu but also to open later in the evenings which had proved popular in the past. The current owners ran themed evenings on a ticket only basis and new owners could reintroduce this popular event.

Viewing is recommended to appreciate the floor space and the scope it offers.

Premises

Comprises a ground floor single storey premises;
Ground Floor (circa 1,100 sq.ft.)
Dining Area 1 with bar & service counter
Dining Area 2
Dining Area 3
Service Area
Kitchen
W.C.
W.C.
External
Seating Area

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement sale.

Trading hours:

Monday - Friday 9.00am - 4.00pm
Saturday 9.00am - 5.00pm
Sunday 10.00am - 4.00pm

Employees:
Operated under management with 8 staff.
Years established:
Since 2015