Profitable High Quality Docks In Gloucester For Sale

Gloucester, Gloucestershire, UK

Asking Price:: £175,000

Turnover:: £412,638

Net Profit:: Available on request

This is an excellent opportunity to acquire a high quality catering operation with an excellent trading position in the popular Gloucestershire docks complex, generating a high level of turnover and excellent profits to full-time working owners. The business is offered for sale as the vendors are intending to move overseas. This high quality and very profitable Café/bar/bistro occupies an excellent trading location within a renovated characterful warehouse, in the popular Gloucester docks complex.

An alcohol premises licence is held.

Key features:
- Excellent trading location within a renovated warehouse in the popular Gloucester docks complex
- Superbly presented high quality café/bar/bistro
- Suitable for many cuisines
- High turnover with excellent profits generated
- Operated by husband and wife partnership with a team of dedicated catering staff
- Six day trading
- Alfresco Terrace area providing seating for a further 70/80 diners
- Reason for sale – vendors moving overseas
- New 10-year lease available
- Internal inspection strongly recommended to fully appreciate the quality of this proposition, strictly by prior appointment only through Business Partnership

Property Information

Property:: Leasehold

Lease Terms:: Our clients own the freehold and are prepared to grant a new 10-year lease at a commencing rental of £30,000 per annum, plus -.-.-. and exclusive of business rates. The lease will be subject to rent reviews at the end of years 3, 6 and 9. The lease will be granted on fully repairing and insuring terms. Rent will be paid monthly which will assist with the tenant’s cash flow.

Location:: Attractive location in popular and historic Gloucester Docks

Premises Details:: The business occupies part of the ground floor of a renovated warehouse building, with the main restaurant trading area approximating 985 ft.² overall including a very well-presented bar and a raised seating area. There are tables and chairs to comfortably seat up to 50 diners. There is also a very well fitted and equipped kitchen approximating 222 ft.² and a lobby area 58 ft.² giving access to two toilets, one of which has disabled facilities.