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Restaurant In Rawtenstall For Sale

Rawtenstall, Lancashire, UK
Asking Price:
£139,950
Turnover:
£286,000
Net Profit:
Not applicable

Taking £5,000 - £6,000 per week
Rent £250 per week
Seating for 66 plus alfresco seating for 8
Established since 2001
Possesses alcohol licence
Very busy road
End of large parade
Facing car park
Surrounded by many businesses, supermarket, eateries & bars
In a large residential area
High levels of passing trade
Scope to extend hours & add takeaway/delivery service
Potential for further covers
Hours of opening 5:30pm – 10:00pm 4 evenings
Possible accommodation
10 year lease from 2020, 3 yearly rent reviews

Property Information

Property:

Leasehold

Lease Terms:

10 year lease from 2020, 3 yearly rent reviews

Leasehold Rent:

£13,000 per annum

Location:

Rossendale is a district with borough status in Lancashire, holding a number of small former mill towns, centred on the valley of the River Irwell in the industrial North West. Rossendale combines modest size urban developments with rural villages and is immediately south of the more populated town of Burnley, east of Blackburn and north of Bolton, Bury, Manchester and Rochdale.

Superbly located at the end of a large parade on a busy road, surrounded by many businesses, eateries & bars, in a large residential area. The business benefits from high levels of passing trade.

Premises Details:

Al fresco seating for 8, central entrance, well appointed bar with seating for 6, hot drinks preparation area, dining room to seat approximately 60, large rear kitchen providing large washing up area with machine, chilled preparation bench, preparation area, 10 burner double oven, large hot plate, large double pizza oven, walk-in fridge, (fire exit to bin area), stairs leading to basement providing walk-in freezer, store room, barrel storage.

1st floor providing ladies & gents WC, 2 large store rooms (possible further dining area).

Stairs leading to 2nd floor providing possible owner accommodation with kitchen, large lounge, bathroom, 2 double bedroom and 1 single bedroom.

Business Operation

Trading hours:

5:30pm – 10:00pm 4 evenings

Years established:
2001