Leasehold Restaurant For Sale

Business description

Bag a Business is delighted to offer for sale this thriving and highly regarded restaurant business, located in such a sought-after trading position, within Skipton. Aeolos Restaurant has been in the careful ownership of our client since 2005 and has built up an enviable reputation throughout the local area. Currently the business has an average weekly turnover of £3,500 achieving a 68% gross profit. The business is very much run at a pace to suit our client, only serving food between Wednesday and Sunday evenings from 6.00pm until 9.00pm. There remains infinite scope to develop turnover further as there certainly is demand for daytime trading, seven days a week. The business currently trades as a Greek orientated restaurant, but would suit a wide variety of international cuisines. This is a particularly attractive purchase as the premises have undergone a substantial refurbishment programme and now benefit from an exceptionally high standard of fixtures and fittings throughout. This is a unique period property retaining many of its original, Victorian features, yet blended with contemporary decor. The ground-floor dining area has a configuration for 40 covers, as well as having a further 40 covers on the first floor and an additional bar room, with a capacity for an additional 40 people. There is also a spacious second-floor, offering potential for private living accommodation with two bedrooms if desired. This is a unique opportunity to purchase a thriving and highly regarded business. Early discussions must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining length: 12 years
Review every: 3 years
Rent: £15,000 per annum

Living accommodation:

ACCOMMODATION DETAILS Substantial three storey, Victorian property in a prominent trading location, briefly comprising: GROUND FLOOR Main entrance and hallway Dining room with 40 covers and original floorboards Still room BASEMENT Commercial kitchen with 12 burner range and ovens, stainless steel air extraction, commercial grade flooring, wipe down walls, 2 microwave ovens, commercial sink, 2 chiller display units/preparation tables, salad bar and boiler Staff room and laundry Various fridges and freezers Dry goods store Wash up area with 2 commercial sinks and dishwasher Staff WC and wash basin FIRST FLOOR Landing Ladies' and gents' WCs Bar with 2 points of dispense, period fireplaces and original floorboards Dining room with 40 covers Wet stock room with shelving and racking SECOND FLOOR Office Studio with double bedroom and lounge area Double bedroom Bathroom EXTERNAL Public car park to the rear Rear yard

Location:

Aeolos Restaurant is located in a prominent and highly desirable trading position on Cavendish Street, within the centre of Skipton, in North Yorkshire. This substantial 3 storey, Victorian, stone built property has an attractive frontage and ample car parking facilities in the vicinity, as well as a public car park to the rear. It is surrounded by a wide variety of complementary shops and businesses, which attract a high daily footfall. It is also close to a number of high-profile, corporate company headquarters, which generate much regular repeat business. In addition numerous new housing developments are nearing completion in the area. It is easily accessible to both the railway and bus station and within walking distance to all the town centre amenities.

Other information

Trading hours:

Wed - Sun: 6.00pm - 9.00pm