Contemporary Licensed Restaurant And Designer Boutique
Price:
Leasehold - £260,000
Location:
Nottinghamshire
Business Type:
Food Service Businesses, Retail businesses
HISTORY
• Individually designed restaurant and boutique established by vendors on current site in 2009 with an ingoing investment of approximately £160,000 • Concept of elegant restaurant, bar and boutique designed to appeal to mainly female customer base • Beautiful xxx cover contemporary restaurant equipped to a high standard • Boutique offers a modern shopping experience for discerning customers • Weekly takings steadily built up now offering highly consistent trading pattern
REASON FOR SALE
• Family circumstances
PRODUCTS AND SERVICES
Restaurant and Bar
• Contemporary menu offering o Breakfast o Lunches o Afternoon tea o Evening meals • Teas and coffees • Restaurant caters for functions of all types, including weddings, anniversaries and other social/businesses events • Public bar providing alcoholic and non alcoholic beverages along with a range of bar snacks • Focus on quality cuisine
Boutique
• Selection of designer clothes in sizes 8 to 18 • Casual and stylish outfits offered for all occasions • Accessories • Shoes • Handbags • Jewellery
CUSTOMERS
• Restaurant attracts an affluent mainly urban professional clientele • Approximately 80% of customers are female • Drawn from highly desirable suburb
SUPPLIERS
• Restaurant consumables sourced from a wide variety of trade suppliers • Free of tie • Various designer brands stocked in boutique including o Nougat o Bruuns Bazaar o J Shoes o BZR o NTS o FDJ Jeans o Eliane et Lena o Sentido o Avoca o Bohemia o John Smedley
STRENGTHS
• Located in the very heart of an affluent area. • Loyal repeat customer base of locals and visitors • Broad based income stream from bar, restaurant and boutique • Restaurant décor is both elegant and tasteful with artwork and chandeliers • Unique boutique/restaurant combination within the city • Loyal staff with very low turnover
SCOPE
• Buyer may wish to extend boutique area to enlarge existing restaurant facility • Additional focus on business development activities • Variation of cuisine style • Introduction of additional products ranges within the boutique • Additional focus on takeaway side
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
• Prominently sited close to the centre of affluent area in Nottingham
• Range of complementary businesses within the immediate locality
• Thriving area with considerable growth planned
• Ideally positioned to attract townspeople, business travellers and visitors
• Leasehold
• 10 year lease with 8 years remaining
• Modern ground floor premises specifically refurbished for use as elegant bar/restaurant with boutique 3 single rooms (1 en-suite)
• Entrance to bar area with seating for bar snacks and drinks
• Fully equipped bar
o Coffee machine
o Glass washer
o Refrigerated drinks display cabinets
• Restaurant area with xxx covers
o Elegant décor with chandeliers
• Store
• Ladies and gents cloakrooms
• DDA compliant WC
• Kitchen
o Refrigerated glass display cabinet facing customer area
o Microwaves
o Glass washer
o 6 burner hob
• Exterior seating area to front of building
• Boutique comprising
o Double fronted window display
o Racking and shelving appropriate to trade
o Display cabinets
o Changing room
o Sales counter
o Elegant décor with chandelier
North Yorkshire
£ 750,000
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