Overview
Seller Ref: 513
Description
• First time on the market for 40 years
• Beautifully fitted licensed restaurant
• Prime position just off seafront
• Main restaurant seats 70 plus Function Room for 25
• Professionally fitted commercial kitchen with extensive inventory
• Annual turnover over £400,000 (net of VAT)
• With net profit for working owners over £100,000
• Brand new 15-year lease
• First floor large office with en-suite bathroom – could be bedsit
Leasehold Terms:
The property is offered on the basis of a brand new commercial lease for a period of 15 years with an initial annual rent of £35,000.
Location Details:
Weston-super-Mare is a large coastal town in North Somerset with a resident population of approximately 90,000. The town continues to expand with new housing developments under construction. Communication links are excellent with the M5 motorway on your doorstep, so the area is increasingly popular for commuters to major commercial centres such as Bristol which is less than 20 miles away. Weston-super-Mare is perhaps better known for its glorious beach and famous pier and is still a popular holiday destination. Our subject property is located close to the seafront in the heart of the town's main shopping district.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Listed By:
