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Licensed Restaurant And Bar In Northwich For Sale

Northwich, Cheshire, UK
Asking Price:
£79,950
Sales Revenue:
£364,000
Cash Flow:
Not applicable

This licensed restaurant has been owned by our clients since 2018 is only for sale today due to a change in our clients’ personal circumstances. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, extending the current opening hours to introduce earlier openings, later closes and both a delivery service and outside catering service.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

10 year lease from 2018

Leasehold Rent:

£20,800 per annum

Location:

This business occupies a prominent corner location on a busy pedestrianised shopping street
in Northwich town centre, close to new development, surrounded by shops, offices, many bars & pubs. The business also benefits from high levels of passing trade.

Premises Details:

The premises with retractable canopy covered al fresco seating for approximately 20 provides entrance, dining room to seat approximately 55, back bar room with ice machine & glass washer (leading to kitchen) cellar access, ladies & gents/disabled WC facilities (side disabled access with ramp to side of building) waitress area with cold storage, washing up & dessert preparation area, food pass to kitchen, exit to small internal yard leading to kitchen providing wash up area with machine, six burner oven, preparation area, small pizza oven & exit to delivery alley. Yard leading to 1st floor providing 10 rooms (currently storage) possible 4 bedroom accommodation.

Energy Performance Rating:
D

Business Operation

Competition / Market:

• Taking £6,500-£7,000 per week
• Rent £400 per week
• Seating for approx 55 plus al fresco seating for approx 20
• 0% interest finance available
• Prominent corner site
• Very busy town centre
• Pedestrianised shopping street
• Surrounded by shops, offices, many bars & pubs
• Close to new development
• Huge scope to introduce deliveries, outside catering and extend current opening hours
• Possible 4 bed accommodation
• 4.1 star rating on Google
• High levels of passing trade
• Hours of Opening 9:00am – 8:00pm Sunday to Thursday & 8:00am – 12:00midnight Sunday
• 10 year lease from 2018

Trading hours:

9:00am – 8:00pm Sunday to Thursday & 8:00am – 12:00midnight Sunday

Contact Information

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