Contemporary Licensed Restaurant And Designer Boutique For Sale

Business description

HISTORY

• Individually designed restaurant and boutique established by vendors on current site in 2009 with an ingoing investment of approximately £160,000
• Concept of elegant restaurant, bar and boutique designed to appeal to mainly female customer base
• Beautiful xxx cover contemporary restaurant equipped to a high standard
• Boutique offers a modern shopping experience for discerning customers
• Weekly takings steadily built up now offering highly consistent trading pattern

REASON FOR SALE

• Family circumstances

PRODUCTS AND SERVICES

Restaurant and Bar

• Contemporary menu offering
o Breakfast
o Lunches
o Afternoon tea
o Evening meals
• Teas and coffees
• Restaurant caters for functions of all types, including weddings, anniversaries and other social/businesses events
• Public bar providing alcoholic and non alcoholic beverages along with a range of bar snacks
• Focus on quality cuisine

Boutique

• Selection of designer clothes in sizes 8 to 18
• Casual and stylish outfits offered for all occasions
• Accessories
• Shoes
• Handbags
• Jewellery

CUSTOMERS

• Restaurant attracts an affluent mainly urban professional clientele
• Approximately 80% of customers are female
• Drawn from highly desirable suburb

SUPPLIERS

• Restaurant consumables sourced from a wide variety of trade suppliers
• Free of tie
• Various designer brands stocked in boutique including
o Nougat
o Bruuns Bazaar
o J Shoes
o BZR
o NTS
o FDJ Jeans
o Eliane et Lena
o Sentido
o Avoca
o Bohemia
o John Smedley

STRENGTHS

• Located in the very heart of an affluent area.
• Loyal repeat customer base of locals and visitors
• Broad based income stream from bar, restaurant and boutique
• Restaurant décor is both elegant and tasteful with artwork and chandeliers
• Unique boutique/restaurant combination within the city
• Loyal staff with very low turnover




n Energy Performance Certificate will be made available upon request of further details where one is required for the business premises





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• 10 year lease with 8 years remaining

Location:

• Prominently sited close to the centre of affluent area in Nottingham
• Range of complementary businesses within the immediate locality
• Thriving area with considerable growth planned
• Ideally positioned to attract townspeople, business travellers and visitors

Premises details:

• Modern ground floor premises specifically refurbished for use as elegant bar/restaurant with boutique 3 single rooms (1 en-suite)
• Entrance to bar area with seating for bar snacks and drinks
• Fully equipped bar
o Coffee machine
o Glass washer
o Refrigerated drinks display cabinets
• Restaurant area with xxx covers
o Elegant décor with chandeliers
• Store
• Ladies and gents cloakrooms
• DDA compliant WC
• Kitchen
o Refrigerated glass display cabinet facing customer area
o Microwaves
o Glass washer
o 6 burner hob
• Exterior seating area to front of building
• Boutique comprising
o Double fronted window display
o Racking and shelving appropriate to trade
o Display cabinets
o Changing room
o Sales counter
o Elegant décor with chandelier

Business Operation

Expansion potential:

• Buyer may wish to extend boutique area to enlarge existing restaurant facility
• Additional focus on business development activities
• Variation of cuisine style
• Introduction of additional products ranges within the boutique
• Additional focus on takeaway side

Trading hours:

• 9am to 11pm daily

Employees:

• Vendors are husband and wife team managing the restaurant and boutique on a daily basis • 4 full time • 4 part time • 2 staff in boutique • 6 in restaurant o 2 chefs