Cafes for sale in Blackpool

View the "PREMIERE RESTAURANT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

PREMIERE RESTAURANT

Blackpool, Lancashire, England

  • Leasehold Price: £59,999  Price Reduced arrow_drop_down
Seller Reference: broomheads_XYZ01LC
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Business Description
 
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Seller Reference: broomheads_XYZ01LC
Request Details
Business Description
• A1 TRADING LOCATION / EPC RATING C
• OUTSTANDING OWNERS APARTMENT
• SEASONAL UPLIFT TO £20k P.W PLUS
• SCOPE FOR ADDITIONAL LETTING UNITS
- PREMIERE RESTAURANT OPPORTUNITY IN THE NORTH WEST - IRO 125 COVERS - INCORPORATES ACCOMMODATION TO THE UPPER FLOORS SUITABLE FOR SERVICED ACCOMMODATION - IN A PRIME POSITION - PEAK TURNOVER £20,000+ P.W - VERY RARE OPPORTUNITY

A quite outstanding business opportunity located in a Premiere trading position. The business was established many years ago and has gone on to establish itself as one of the most recognisable in its chosen sector.

Immaculately appointed internally the Restaurant enjoys a significant uplift in Summer whereby historical trading accounts demonstrate a turnover well in excess of £20,000 p.w in some instances.

Upper floors have been part converted to offer outstanding private accommodation with spectacular views.

Additional scope exists to build on this with a potential offering of up to 6 serviced accommodation apartments in a highly desirable letting location. A modest investment in this area of the business will offset the rent for the building as a whole, quite easily.

This is a remarkable opportunity for somebody to take this business onto the next stage of its progression. The incumbents advise us that they have invested in excess of circa £300,000 to date. This is clear to see when one takes the opportunity to view the quality of the high spec commercial Kitchen and fully equipped restaurant and bar area.

No expense has been spared in delivering a high quality product.

Customers clearly share the same enthusiasm for this business as it continues to out perform the market and enjoys strong reviews.

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The specification for this business will be kept to a minimum in order to preserve confidentiality for not only the seller but also in order to protect the employees. Similarly the business location on various websites is documented as the Selling Agents Head Office - once again to retain some confidentiality. **********************************************************************************
GROUND FLOOR:

Immaculate Bar & Restaurant with covers in excess of 100.

Enormous Commercial Kitchen Fitted with high specification Commercial Catering Equipment.

Still Room, Wash Room and Dry Store.

FIRST & SECOND FLOOR

Immaculate Apartment with un-interrupted views affording the opportunity to live on site. Alternatively opportunity exists to create a potentially very healthy secondary income in the serviced accommodation market.

Scope exists to increase the number of apartments.

BUSINESS:

Trading Accts for a number of years will demonstrate a turnover ranging between £10,000 P.W & £20,000 P.W. at Peak Time.

EXTERIOR:

Car Parking Available.

TENURE:

Leasehold at £30,000 Per Annum - Balance of existing / New Lease Available.

RATES:

We are informed rates payable are £9,100 Per Annum 2019/2020.
Tenure:
Leasehold
Location Details:
North West Restaurant, NORTH WEST, FY1 3PZ
Listed by:
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