Superb Town Centre Licenced Restaurant In Lancashire For Sale

Business description

SUPERB TOWN CENTRE LICENCED RESTAURANT - LANCASHIRE
Advised annual turnover of £62,400pa
Situated within Accrington town centre
Early viewing highly recommended
Scope for further development
Scope for evening opening
Low annual rent of £4,000
LEASEHOLD


Business History

We are delighted to offer for sale this exceptional bar and brassiere restaurant which was first established by our client in 1978 who is only now reluctantly placing it onto the market due to a strong desire to retire. The business which is run and managed by our client with the assistance of staff achieves a very respectable advised average turnover of £62,400pa with good profit margins. This is derived from selling a range of hot and cold food with accompanying beers,wines and spirts. The business has a 50 cover restaurant offering a wide range of meals throughout the day. The bar operates on a completely free of tie basis which provides the owner the ability to buy alcohol at the keenest possible prices and ensure the highest possible returns are made. The property can only be described as beautifully presented with our client going to extraordinary lengths on presentation and attention to detail with designer fixtures and fittings featured throughout. This is without question an exceptional business which is situated in a very high footfall area and provides a new owner a pure turnkey opportunity with plenty of scope to increase turnover. Meridian Business Sales would like to urge very early interest in this opportunity as businesses of this calibre rarely appear on to the market.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 4 years
Remaining: 4 years
Rent: £4,000pa

Location:

This superb town centre restaurant is located within the busy Lancashire town of Accrington. It's prominent location on Blackburn Road means it is highly visible and well known within the town. Accrington is a highly desirable business and residential town due to its excellent central shopping facilities, fine housing, excellent road and rail links and welcoming local communities. The town offers the best of both worlds by having neighbouring open countryside and award winning parks coupled with all the amenities and facilities you would expect from a modern and thriving town. There is also great road links with the M56 just minutes away which extends to the rest of the UK's motorway network.

Premises details:

Well presented first floor restaurant, briefly comprising;

Secure entrance leading to stairs to main restaurant area.

FIRST FLOOR
Restaurant - Open plan dining area with fixed seating plus tables and chairs for 50-55 covers, multi arrangement to suit most party sizes and requirements plus designer decor and ambient lighting continued. Bar is located to the side of main restaurant area.

Fully fitted stainless steel kitchen briefly comprising of: Fridges, freezers, several worktops, large extraction unit, commercial microwaves, plate and crockery storage, wash basin, drainer, 6 hob cooker, 2 deep fat fryers, grill, charcoal grill, hand wash basin, wash preparation area, stainless steel storage shelving, double wash basin, dishwasher and service hatch to restaurant area.

Landing leading to WC and additional storage.

EXTERNAL
Large stone building with off road parking.

Business Operation

Trading hours:

Monday: 8:30am - 2:30pm
Tuesday: 8:30am - 2:30pm
Wednesday: 8:30am - 2:30pm
Thursday: 8:30am - 2:30pm
Friday: 8:30am - 2:30pm
Saturday: 8:30am - 2:30pm
Sunday: 8:30am - 2:30pm