Restaurant/cafe for sale in Formby, Merseyside L37

POA
Restaurant/cafe for sale
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Property features

  • Well establised restaurant, Merseyside
  • Lock up business, includes Fixtures & Fittings, Turnover £2500-3000+ per week. Open lease.
  • Massive potential to increase sales with day time trade available as current trading hours suit owners other commitments
  • Sale Due to Owner Relocating

Property description

Reference - 46405

Description
This is an excellent traditional Indian restaurant, which is presented to a very high standard with a top end range of fixtures, fittings and a number of well maintained freezers to go with the sale.

The business also comes with a fully fitted catering kitchen and has fantastic scope to expand further with the addition of more hours and greater advertising.

This fantastic traditional Indian restaurant is located on a prominent main road position within Merseyside and comes with limited parking.

Having successfully operated in the area for a number of years, this business has become very highly renowned and earned itself an excellent reputation for offering the best quality and finest Indian cuisine within the area. The business therefore enjoys an extensive and loyal customer base attracting repeat trade from the immediate vicinity, as well as neighbouring towns and the high number of visitors to the area.

This is a thriving and lucrative business, which is run by the owner, along with 5 full time and 4 part time members of staff.
The business operates 6 days of the week and offers excellent scope for future growth and improvement and would ideally suit an ambitious and energetic business person, that has the opportunity to extend and add to the menu already on offer.

These enhancements will undoubtedly increase the already impressive weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum, therefore maximising overall profitability.

Rent includes maintenance and building insurance.

This is a first class business opportunity with fantastic scope for future growth. A viewing is highly recommended to avoid disappointment.

Sales
Weekly Turnover
£2,000 approx.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Wednesday – Monday
5pm – 11pm

Opening times can be extended to increase sales as the business is there during the daytime, vendor choses these opening times for their own lifestyle.

Staff
The restaurant is operated by the owner with 5 full time and 4 part time staff members.

Building External
Excellent location in a busy area surrounded by residential properties and businesses. This contemporary restaurant operates from the top story of a commercial building that also houses a number of other small private retailers.

Building Internal
The main serving and till areas for the business are located to the left, upon entrance to the business where you can also find a well lit 38 cover dining area. The main kitchen is located to the rear.

Tenure
We are advised that the business comes to market as a leasehold with 3 years remaining and a weekly rent of £466.50 which includes VAT and service charge and maintenance for the building.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a fantastic and very rare opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. A viewing is highly recommended.

There is enough business to be open during the lunch time hours and 7 days a week to maximise sales.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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