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Licensed Restaurant In Northwich For Sale

Northwich, Cheshire
Asking Price:
£59,995
Turnover:
£260,000
Net Profit:
Not applicable

This business was established by our client in july 2016 and is only for sale today due to our client’s business partner’s unfortunate ill health. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, introducing a lunchtime openings. This business has already gained an excellent reputation within the area, achieving a 5.1 star rating on from over 290 reviews.

Property Information

Property:

Leasehold

Lease Terms:

10 year lease from July 2016, with 3 yearly rent reviews

Leasehold Rent:

£18,044 per annum

Location:

This business is superbly located on a busy high street in Northwich town centre, surrounded by shops, offices, many bars & pubs. The business also benefits from high levels of passing trade.

Premises Details:

The premises with glass fronted central entrance provide well appointed bar, good sized seating dining room for approximately 54 with room for more, ladies & gents wc facilities, exit to large yard (possible al fresco seating). The 1st floor provides staff wc facilities, large store room, good sized kitchen providing washing up area, preparation area, tandoor oven, heated pass, 7 burner stove & dumb waiter. Stairs lead down from dining area to 3 chamber basement used for storage.

Energy Performance Rating:
D

Business Operation

Competition / Market:

• Taking £5,000 per week
• Rent £347 per week
• seating for approx 54
• superb location
• very busy town centre
• surrounded by shops, offices, many bars & pubs
• facing taxi rank
• 50% deliveries
• scope to introduce lunchtime openings
• high levels of passing trade
• hours of opening 5:00pm – 11:00pm seven days
• 10 year lease from july 2016, with 3 yearly rent reviews

Trading hours:

5:00pm – 11:00pm Seven Days

Contact Information

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