Weymouth Based Bistro For Sale

Business description

LOCATION
Esplanade and Beach approx. 250 yards (on foot). Dorchester approx. 8 miles. Bridport approx. 20 miles.

FEATURES
Established restaurant with passing trade. Local and tourist clientele. Well suited for owner operator. Weymouth & Portland will host the Sailing Events for the London 2012 Olympic Games. Fully fitted and equipped throughout. Could suit variety of catering operations. Scope for business development. Parking for 9 vehicles. Ill health forces sale.

SUMMARY OF ACCOMMODATION
Restaurant (50-60 covers). Function/Party Room. Second Function Room. Office. Cloakrooms. Second Kitchen. Wash Up Room. Main Kitchen.

TRADING & BUSINESS
The owners have provided us with accounts which show that in the year ending 31st March 2011, the turnover was £86,536 excluding VAT. The restaurant is operated as a family business by the 2 full time owners, with additional part time staff (usually family) as required. The premises currently trade from Monday to Saturday inclusive, from 6.30pm until 10.00pm (closed Sunday’s).

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by Weymouth & Portland Borough Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

Property information

Property:

Leasehold

Lease terms:

LEASEHOLD. The premises are held under an original 10 year lease from June 2003, at a rent of £23,008 per annum. We have not had sight of this lease documentation.

Leasehold rent:

£23,008 per annum

Location:

Esplanade and Beach approx. 250 yards (on foot). Dorchester approx. 8 miles. Bridport approx. 20 miles.

Premises details:

Restaurant (50-60 covers). Function/Party Room. Second Function Room. Office. Cloakrooms. Second Kitchen. Wash Up Room. Main Kitchen.