Leasehold Restaurant For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this highly regarded restaurant in Pwllheli, North Wales. The business has been established since 2004 and has quickly become one of the premier restaurants on the Llyn Peninsula. The cuisine can be best descibed as modern British with mediterranean influences, with both ' a la carte' and table d'hote menus featuring locally caught seafood. The impressive property has undergone a substantial refurbishment programme and benefits from an extremely high standard of contemporary style fixtures and fittings throughout. The restaurant has approximately 50 covers and trades in the evenings. There is potential to develop the business further through extending the opening hours and introducing a day time menu. We feel this is an excellent opportunity to acquire a well established, thriving business. Early discussions with Bag a Business Ltd are highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining length: 3 years
Review: Annually
Rent: £750 per month

Living accommodation:

PROPERTY DETAILS Spacious, lock-up restaurant premises, briefly comprising: GROUND FLOOR Entrance hallway Open plan dining area Set for 50 covers Contemporary decor Bar area with slate bar top and entertainment system Ladies & disabled W/Cs Gents W/Cs Store area Washroom with washing machine, tumble dryer and stainless steel shelving Double doors for delivery access Large commercial kitchen with: Commercial grade flooring Tiled walls 12 burner range and ovens Portable Bain-Marie Various refrigerators and chest freezers Fish fridge Walk-in chiller Stainless steel air extraction system and tables Side entrance EXTERNAL Attractive wide frontage Ample free parking facilities

Location:

38° West is situated in a prominent and desirable trading position on Cardiff Road in Pwllheli, Gwynedd. This thriving restaurant occupies a substantial detached property with an attractive wide frontage and benefits from ample, free parking facilities directly outside. It is located within 150 yards of the waterfront and just a short walk from the town centre and railway station. The area is a haven for visitors and tourists all year round and has a number of quality attractions within close proximity, as well as an award winning coastline and breathtaking scenery. In addition, there are a number of caravan parks and holiday lets in the area, from which the business derives much trade. It is also close to the harbour and marina.

Other information

Trading hours:

Summer Mon - Sun: 6.30pm - Close Winter Tue - Sat: 7.00pm - Close