Licenzed Cafe Bistro In Alnwick For Sale

Alnwick, Northumberland, UK

Asking Price:: £350,000 Furniture / Fixtures included

Turnover:: £200K - £500K

Net Profit:: Available on request

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• Extensive four storey property of circa 170 sq.m.
• High turnover, high margin business.
• Trading from the site since 2005.
• Comfortable 60 covers over two floors.
• Additional circulation space and bar seating.
• Genuine retirement sale.

Property Information

Property:: Freehold

Location:

This business and property is located in the heart of the town in a pleasant pedestrianised street that connects Bondgate Within and Market Street. The immediate area is a mixture of retail, leisure and residential accommodation but situated within the central business district.

Alnwick is an extremely popular market town with excellent access via the A1 and with a mainline railway station at nearby Alnmouth. Ideally placed to offer access to the Northumberland Coast, the town also its own attractions including the castle and gardens. The town is popular with both day trippers and tourists and the recent construction of a Premier Inn on the outskirts of the town only confirms its popularity.

Premises Details:

Lilburns has been trading since 2005 and over this period has built up a loyal customer base and an enviable reputation for high quality food. The menu is predominantly British with a day menu comprising traditional meals, light snacks and sandwiches that is then replaced in the evening by a menu with the accent on quality and comprising as much locally produced ingredients as possible.

The ground and first floor provide two separate dining areas with the ground floor also incorporating the main bar where there is some standing room and bar seating. There are approximately 30 covers on each dining floor with a mixture of fixed and bench seating plus tables and chairs and the public space is in excellent order throughout. The fully fitted kitchen is on the first floor and there are staff welfare and office facilities on the top floor.

The regular customer base comprises a mixture of locals as well as people from further afield. During the summer there is a higher proportion of visitors and the current owners have a good relationship with the local guesthouses who regularly recommend the restaurant to their guests. This is a well-established and profitable trading opportunity with scope for development and the benefit of a freehold title.