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Restaurant In Stratford Upon Avon For Sale

Stratford-upon-Avon, Warwickshire, UK
Asking Price:
£39,950 Furniture / Fixtures included
Turnover:
£264,087
Net Profit:
Available on request

Licensed A3 Restaurant located in Stratford Upon Avon. Comes fully equipped and would lend itself to many cuisines.

Veritas Business sales are privileged to offer to the market this well appointment Licenced Restaurant which is located in the highly desirable town of Stratford Upon Avon. The property has been a restaurant of some kind dating back to the 1930’s and is now being offered for sale due to one of the partners wishing to retire.
Since ownership there has been considerable investment in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. 33 The Scullery serves British dishes specialising in classic game and fresh seafood dishes. Turnover for year ending 30th September 2018 was £264,087 with a GP of £153,959 (58%). A restriction in the lease dictates that the premises cannot be used as a fish & chip shop or a Chinese/Indian takeaway. During lockdown the restaurant operated a takeaway & delivery service that proved very successful and continues to thrive. Now the Restaurant is back fully reopened.
We believe that this location under the right ownership can reproduce the strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with attracting many visiting tourists. This is a superb opportunity and great foundation to build upon and as such early viewing is highly recommended and is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 10 years
Remaining: 6 ½ years
Reviewed: yearly (API)
Break clause: year 5
Rent: £17,100
Business Rates: zero

Leasehold Rent:

£17,100 per annum

Location:

This outstanding Restaurant is located within a prominent and highly visible trading position on Greenhill Street which is just yards away from heart of Stratford Upon Avon town centre. Nearby you have the new £40 million Arden Quarter development of stylish apartments and homes bringing even higher levels of footfall to the area. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Premises Details:

Ground Floor
Restaurant comprising: tables & chairs to cover (40), condiments/cutlery chest, bar area with 2 x 2 door bottle fridges, stainless steel wash basin, glass washer (Class EQ), cash register (Olivetti), espresso coffee machine (Expobar) and coffee grinder (Iberital).
Ladies/Disabled W/C, wash basin and wall mounted paper towel holder.
Gents W/C with wash basin and wall mounted paper towel holder.
Commercial kitchen comprising: serving hatch/pas with heat lights, stainless steel work top, stainless steel wash basin, stainless steel sink, pizza oven (Fage), pizza topping saladette with marble top and 2 door under counter fridge, 3 door under counter fridge with stainless steel work top, stainless steel work top with storage shelves, deep fat fryer, 6 burner range (Lincat), extraction canopy, 2 x stainless steel fridges, chest freezer, 6 x wall mounted metal storage shelves, 2 door larder fridge (polar), wash up area with stainless steel sink drainer, dishwasher, boiler and various wall mounted shelves.

External
Rear yard area with wooden storage shed and bin area. Frontage with seating for (4) and disabled access to restaurant.
The restaurant benefits from UPVC double glazing, overhead electric blower heater, gas fired central heating, air conditioning/hot air blower and music system (iPod connection)
EPC Rating E

Energy Performance Rating:
E

Business Operation

Trading hours:

Tuesday – Thursday – 5.00pm – 11.00pm
Friday & Saturday – 12.00pm – 11.00pm
Sunday – 5.00pm – 11.00pm

Contact Veritas Business Sales

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