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GREEK RESTAURANT – WOLVERHAMPTON CENTRE

Wolverhampton, West Midlands, England

  • Leasehold Price: £80,000
Seller Reference: R26161K
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Business Description
 
 
 
 
 
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Seller Reference: R26161K
Request Details
Business Description
Licensed Greek Restaurant - Wolverhampton

Superbly Presented & Expensively Fitted
Very Spacious Premises with c.2600 square foot Customer Area
Only Trades for 25 Hours per week
Also Ideal For Other Trades
£80,000 Leasehold

Description:
A popular and well established Restaurant having a desirable City Centre location. It has been in the present owner's hands since 1996.
The business only trades four evenings per week and is fitted out in a tasteful and authentic style.

Premises:
An Entrance Area leads to the very spacious Restaurant Seating Area (17m x 12m) which is superbly presented having a suspended ceiling and discreet spot and pin lighting. The flooring is part newly carpeted and part expensive terrazzo type.
There is seating for up to 200 persons and it has a raised Stage Area for performers, singers, groups etc.
The adjoining attractively presented open plan Bar Area (12m x 4m) has seating and an authentic design roof over the bar.
There are well presented separate ladies, gents, and disabled w.c and washroom facilities.
There is an expensively fitted Kitchen having terrazzo type flooring.
Fixtures and fittings include 10 hob commercial oven, triple charcoal grill, double deep fat fryers, two bain maries, two microwaves, chest freezer, cake fridge, double upright fridge, single upright fridge, dish washer machine, washing machine, insect killer unit, double deep bowl sinks, hand wash basin, ample work surfaces and stainless steel preparation tables etc.
There is an Office (5.4m x 4.2m) and a Boiler Room.
Stairs down to spacious Beer Cellar, Staff Cloakroom/Stock Room, three Stock Rooms, and four further Unused Rooms.

Comments:
A very spacious and expensively fitted business having a desirable city centre trading location, which would also be suitable to change to any other type of restaurant or trade. There is tremendous scope to open every evening and to introduce daytime opening.
This business and premises really needs to be viewed in order to fully appreciate.

Our Client Informs Us That:

Takings and Profitability:
The owner will discuss the turnover and profits of the business with serious applicants.

Trading Hours:
6.00pm - 11.30pm Wednesday & Thursday
6.00pm - 1.00am Friday & Saturday
Closed Monday, Tuesday, Sunday

Tenure:
Leasehold. Held on a 20-year lease from 2008, with 5 yearly reviews, at a present rent of £24,000 per annum.

Price:
£80,000 plus stock at valuation for the lease, business, fixtures fittings and equipment.
REALISTIC OFFERS ARE INVITED

Tenure:
Leasehold
Downloadable Documents:
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