American Restaurants for sale in Boston

View the "‘FREE OF TIE’ AMERICAN DINER" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

‘FREE OF TIE’ AMERICAN DINER

Boston, Lincolnshire, England

  • Leasehold Price: £175,000
Seller Reference: 8163L
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Business Description
 
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Seller Reference: 8163L
Request Details
Business Description
Prime main road location on the A17 between Kings Lynn and Boston and sitting directly next to a 40-bedroom Travelodge on the edge of the Lincolnshire market town of Long Sutton.
Open plan licensed American Diner (c70+ covers) with reception area, exposed brick walls, booth style seating, open plan grill, server and coffee prep station and eye-catching décor.
Grassed and gravel Al Fresco garden area with wooden picnic benches (c24) and established shrub borders; Patron’s lined car park.
Spacious and fully equipped Commercial kitchen with walk-in chiller, walk-in freezer and storage areas.
Advised turnover to end February 2018 circa £550,304 (incl. VAT).
Trade split of: 80% Food 20% Wet sales.
Privately owned ‘Free of Tie’ lease with a ‘highly attractive rent’ of only 3.4% of net turnover.

A FANTASTIC OPPORTUNITY TO PURCHASE A POPULAR AND THRIVING LICENSED ‘FREE OF TIE’ DINER SITTING IN PRIME LOCATION

ASKING PRICE £150,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
Tenure:
Leasehold
Listed by:
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