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Restaurant And Bar For Sale

Whitchurch, Shropshire, UK
Asking Price:
£69,950
Turnover:
£338,000
Net Profit:
Undisclosed

RESTAURANT AND BAR in Shropshire for Sale.

A fantastic opportunity to acquire this long established restaurant and bar which was set up by our clients in 2017 during which time it has developed a strong reputation and loyal customer base. Weekly turnover £6,500. The business is run predominantly by staff due to our client’s other business interests - wonderful potential for owner occupier to reduce the overall wage bill and boost profitability. The business trades in very easy hours over five days, again offering potential for enthusiastic new owners to extend openings and increase the turnover. The premises are owned by our client who will offer them on a new Free of Tie lease with sensible rent. They are ideally situated within the town centre adjacent to one of the town's cheap public car parks and nestled amongst other bars and traders. The property has undergone significant refurbishment works by our client and really must be seen to be appreciated. Comprising reception area with large bar and lounge seating, restaurant seating 54 people in comfort. Second lounge bar and private function room to rear. Well-equipped commercial kitchen with separate pot wash area and storerooms. Newly refurbished ladies, gents and disabled WC and baby change facilities. Small outdoor seating area to rear. There is an option to purchase the upstairs letting rooms business separately for an additional £20,000. The accommodation comprises of six en-suite letting rooms, currently trading via Booking.com. The letting rooms and restaurant business are available for a combined rent of £40,000 per annum.
EPC Band B.

Property Information

Property:

Leasehold