Restaurants for sale in Harrogate

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Established Restaurant/Takeaway - Harrogate

Harrogate, North Yorkshire, England

  • Leasehold Price: £34,995
  • Annual Turnover: £84,251
  • Annual Gross Profit: £47,299
Seller Reference: 7084
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Business Description
 
 
 
 
 
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Seller Reference: 7084
Request Details
Business Description
Excellent Trading Position
Seating For 14
Annual Turnover £84,251 Year End April 2019
Gross Profit £47,299.36 Year End April 2019
Accounts Available After Viewing
Strong Social Media Following
Fantastic Reviews Noted Online
Just Eat & Deliveroo Accounts In Place
Close To Harrogate Bus & Train Stations
EPC - D
REF 7084 Established Restaurant/Takeaway

Blacks Brokers are pleased to bring to the market this well established restaurant/takeaway in the much sought after area of Harrogate, North Yorkshire.

INTRODUCTION

Nibble 'n' Nosh was established in this affluent area of Harrogate in 2013 with our client in ownership since 2015. The business has become very well known in the area and has a very strong social media following with 600 likes on the business Facebook page. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Trip Advisor.

LOCATION

Nibble 'n' Nosh occupies a prominent main road position within a busy parade of shops. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples such as Specsavers and Subway. The business is also just a short distance away from Harrogate bus and train stations and there is plenty of parking available in the immediate area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our clients desire to retire the business is offered for sale and therefore, presents an excellent opportunity for a new owner operator or team to push the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI), this is the most common form of commercial lease. The current lease is six years and began in 2015 at a cost of £173 per week. The current landlord is happy to extend the lease.

STAFF

The business currently operates with two members of casual staff in employment with the addition of a deliver driver and two further staff on busy weekends, supporting our client on a full time basis.

FINANCIAL DETAILS

Nibble 'n' Nosh has traded solidly since opening. The profit and loss for year end April 2019 shows an annual turnover of £84,251. Full financial information can be made available after viewing.

BUSINESS RATES

The business currently benefits from small business rates relief. Purchasers should enquire with relevant local authorities as to the rates payable.

SUMMARY

This is a well established and well known eatery which occupies a superb trading position and has a strong base of regular customers in place. There is plenty of scope to develop the business further with the expansion of the current menu along with a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised Fixtures:
Tables and Chairs

Counter and Service Area

Domestic Oven

Fridges

Freezers
Trading hours:
TUE - SUN: 08:30 - 18:30
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Nibble 'n' Nosh operates from the ground floor of a three story, mid terrace unit within a busy parade of shops. The business has large branding and signage on display above a fully glazed front. Inside, the main restaurant area offers seating for around 14 with the servery directly in front of you, this area is well presented with neutral decor and wooden flooring throughout. To the rear of the property there is a fully equipped kitchen/preparation area this area is well equipped with commercial fridges, freezers, oven and much more. There is a small storage room also to the rear. The business also has a cellar which is currently used for drinks storage.

Location Details:
Harrogate
Leasehold Term:
£173 Per Week
Listed by:
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