Bistros for sale in Wallasey

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S Martin (Feb 2013)
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Freehold Price: £169,000 Price Reduced Annual Turnover: £57,200
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Business Description
• Well known licensed restaurant that ceased trading in July 2015
• Prominent trading position, busy main road parade
• WT £1,100 (6 days only), fantastic potential for evening trade, 58 covers
• Same family last 60 years, spacious s/c 2 bed accommodation, owners retiring

Well known licensed restaurant that ceased trading in July 2015, busy main road, Wallasey, Weekly takings £1,100 (6 days only), fantastic potential for evening trade, 58 covers, neatly presented, loyal customer base, same family last 60 years, spacious s/c 2 bed accommodation, owners retiring, viewing highly recommended. Freehold. Ref 43529.

This is an exciting opportunity to purchase a renowned licensed restaurant which is situated in the bustling town of Wallasey on the Wirral.

Rene’s is a well known business that was established in 1954 and occupies a prominent trading position on a busy main road amongst an abundance of retail and commercial premises, within walking distance of the town centre and with a large number of residential dwellings in the neighbouring locality. The area is therefore a hive of activity and attracts high levels of both local and passing trade throughout the day.

Having been under family ownership for the past 60 years, Rene’s has established an enviable reputation for offering fresh, home cooked cuisine with a warm, friendly welcome and the business subsequently boasts a strong following with an extensive and loyal customer base.

Rene’s operates from highly visible single fronted premises, offering an excellent blend of versatile ground floor business area and deceptively spacious self contained living accommodation.

Rene’s is a successful and profitable business, however during recent years the vendors have chosen to operate the business in a more modest fashion due to their imminent retirement. The business therefore offers fantastic scope for future growth and would ideally suit an ambitious and energetic operative who has the opportunity to significantly extend the opening hours to capitalise on the evening and Sunday trade, refresh the menu and also re-brand/ refurbish the surroundings. These enhancements will significantly increase the turnover of the business whilst ultimately enhancing overall profitability.
To fully appreciate this rare opportunity which is only now being offered for sale due to retirement, viewing is highly recommended to avoid disappointment.

Summary. This is a superb opportunity to acquire a successful business with a loyal following and terrific scope for future improvement. Only now being offered for sale due to retirement, viewing is recommended.
Tenure: Freehold

Listed by: Kings Business Transfer
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KBT43529
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