Overview
Description
Price: £690K OFFERS CONSIDERED
• Rare opportunity to acquire a highly successful restaurant & bar business, sales £1.1m.
• Prime Location, in a busy city centre street with high footfall traffic
• Well established restaurant, 2 bars, upstairs, downstairs, outside deck, seating c130 guests.
• Fully refurbished, kitchen, with modern equipment & furnishings.
• Licenced business offering fine wines, premium spirits & beers.
• Excellent venue to hold party gatherings, celebrations, themed events, live music.
• Outstanding reputation, with excellent online reviews.
This restaurant is a haven for lovers of Mediterranean cuisine. It offers an enticing menu filled with authentic flavours, where simplicity, fine ingredients, and a dash of tradition converge to create unforgettable dishes.
The restaurant boasts an inviting interior with rustic brick and wood elements, ensuring a warm and stylish dining experience, whereby guests revel in an atmosphere that exudes authenticity and comfort.
This licenced restaurant operates seven days a week, up to 11 pm and has extended hours to 12.30am. It also offers delivery services, enhancing its reach and revenue potential to the wider community wanting a taste of authentic cuisine.
It can accommodate up to 70 guests downstairs and an additional 60 upstairs, making it perfect for a variety of gatherings, from intimate dinners to large celebrations. The upstairs area even features an open decked space for alfresco dining.
The upstairs space is ideal for hosting special events, having its own bar, to host private parties to live music performances, adding to its revenue streams and community engagement.
Substantial investments have been made in modernizing and upgrading the establishment, from furniture and lighting to kitchen equipment and security systems. The infrastructure, including electrical, fire alarms, drainage, and plumbing systems, is meticulously maintained.
Business turnover is c£1.1m and this is a leased property with 10 years remaining. Financial details can be exchanged with serious buyers after signing an NDA. The current owner is selling to pursue other business interests and would be willing to support a handover of the business to a new prospective buyer.
Contact us today to learn more about this exciting opportunity.
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