Restaurants for sale in Morecambe

View the "MORECAMBE - Thai Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £44,950 Price Reduced
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Business Description
W/T £3,500 - £4,000
114 Covers / Central Sea Front
Superb Views Of Morecambe Bay
Includes Function Room
Spacious Catering Kitchen
EPC Rating - Not Required

This is a rare opportunity to acquire a licensed restaurant benefitting from 114 covers and with simply outstanding panoramic views of Morecambe Bay, the Lake District coast and hills beyond. The restaurant occupies a commanding and imposing central site on the Marine Road South promenade of this famous seaside town which is popular with holidaymakers, daytrippers and as a seaside residential town with a large retirement population. The area has a large number of hotels , bars, restaurants, cafes and other businesses. There are several car parks located opposite the premises. Morecambe is also located a short distance from the historic, university city of Lancaster as well as other nearby towns including Heysham.

The business is very popular and specialises in offering authentic Thai food. For this reason, it is considered to be unopposed within the area. Not only does it benefit hugely from the visitors to the town but also benefits from all year trade generated by local residents including nearby Lancaster. The business generates takings of up to £14,000 per month in the season with annual takings of £100,000 and benefits from a modest rent of £12,000 for these extensive, seafront premises which extend to three floors. The business has two bars, two restaurants floors and a function room dining floor and also does takeaway food and deliveries. This is supported by a large, well equipped catering kitchen with a seven burner wok cooker but may also be suited to other cuisine.

Blacks Brokers strongly recommend early inspection of this business with its outstanding sea views enjoyed by its diners and which has become available due to the planned return of the owners to Thailand.

Double Upright Stainless Steel Freezer, Double Upright Stainless Steel Fridge, Salad Preparation Fridge, Chest Freezer, Seven Burner Wok Cooker, Stainless Steel Extraction, Catering Cooker, Chest Freezer, Mobile Stainless Steel Food Cupboard, Set Of Chafing Buffet Dishes, Ice Cream Fridge, Mixer, Two Deep Fat Fryers, Two Microwave Ovens.
Trading Hours:

Tuesday - Sunday 12:00pm - 3:00pm & 5:00pm - 10:00pm
Closed Monday

Tenure: Leasehold

Accommodation Details:

Ground Floor With Servery And Bar With Lounge Area And 20 Covers. Carpeted Staircase Leading To First Floor Restaurant Area With 60 Covers, Bar Area And Kitchen. Rear Fire Exit From Kitchen. Second Floor With 60 Cover Function Room/Restaurant Areas, Toilets, Office, And Storeroom. Outside- Shared Rear Yard Area With Exit Gate.

Location Details: Morecambe

Leasehold Term: Rent: £230.77 PW

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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