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Price Reduced 80 Cover Licensed Restaurant & Bar In Weston-super-Mare For Sale

Weston-super-Mare, Somerset, UK
Asking Price:
£19,500
Turnover:
Available on request
Net Profit:
Available on request

• Price Reduced - 80 cover licensed restaurant and bar
• Annual turnover £275,000 (unwarranted)
• Prime trading position in town centre
• Stunning open “show” kitchen
• Plus large extremely well fitted commercial kitchen
• Well fitted bar servery
• Refurbished customer WCs
• Double fronted impressive bath stone exterior
• Fixtures & fittings in situ at high value
• Suitable for a variety of food offers

Property Information

Property:

Leasehold

Lease Terms:

The property is subject to a 12-year lease dated May 2022 with an annual rent of £40,000. There are rent reviews in 2025, 2028 and 2031.

In addition, there will be a £10,000 rent deposit payable.

Location:

Weston-super-Mare is a large coastal town in North Somerset with a resident population of circa 90,000. The town continues to expand with new housing developments under construction.

Communication links are excellent with the M5 motorway on your doorstep, so the area is increasingly popular for commuters to major commercial centres such as Bristol which is less than 20 miles away.

Weston-super-Mare is perhaps better known for its glorious beach and famous pier and is still a popular holiday destination.

Our subject property is located close to the sea front in the heart of the towns’ main shopping district.