Modern Town Centre Bar and Restaurant For Sale
Business for sale
Asking Price:
£300,000
Turnover:
£360,000
Annual profit:
150k to 199k
Audited accounts:
No
Management accounts:
Yes
Years trading:
2
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
The Business Partnership offer this outstanding opportunity to acquire a substantial leasehold “gastro-pub” and lively bar in this affluent South Warwickshire Town Centre. The bar and restaurant area were fully refurbished to very high standards in November 2006 and has developed an excellent reputation in the region for themed restaurant dining and a lively evening bar atmosphere. The restaurant theme is unique to the region and it’s popularity is increasing monthly. The bar area offers high quality, relaxed surroundings for both day time and evening relaxation.GENERAL INFORMATION
Years established: 2
Lease terms
Approximately 18 years remain of a lease with Enterprise Inns at £38,000 rent payable per annum. Rates payable are currently circa £8,500pa.
Location
Town Centre premises comprise a modern, spacious (circa 250m2), well appointed bar, 60+ cover dining area and a fully equipped commercial kitchen only just over one year old.
Advert ref: trb.1317