Restaurants for sale in Weybridge

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £120,000 Annual Turnover: £407,321 Gross Profit: £258,923 Annual Net Profit: £39,082
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Business Description
Established in 1998
Annual Turnover £407,321
Gross Profit £258,923
Customer Seating for 60 & Plus Additional Outside
Bar is Free Of Tie
Busy Town Centre Location
Characterful Décor & Air Conditioned Throughout
5 Star Food Hygiene Rating
Scope for Growth & To Extend Hours
Retirement Sale
EPC - E
REF 6260 – Leasehold Spanish Tapas Bar

Blacks Brokers are pleased to bring to the market this leasehold Spanish tapas bar located in a busy and much sought-after area of Weybridge, Surrey.

INTRODUCTION

El Meson De Los Hermanos has been trading on Baker Street with our client in ownership since 1998. The business has an A3 licence in place and boasts a five-star hygiene rating. Along with this, the business has an excellent reputation and strong customer base. This restaurant sources authentic Spanish produce from a Spanish import company in addition to sourcing fresh fish and meat products locally.

LOCATION

Located in Baker Street in the centre of Weybridge, Surrey, the business occupies a superb, prominent trading position which brings plenty of local trade in addition to passing trade from visitors to the area. Weybridge is well linked with the A317, A3050, M3 and M25 and the area is filled with other shops, local businesses and multiples. Parking is available in the immediate area along with two private parking spaces to the rear of the property.

REASON FOR SALE

The business is only being offered for sale due to retirement.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease runs at a cost of £673 per week and is due for renewal in March of 2019.

BUILDING LAYOUT AND DESIGN

El Meson De Los Hermanos operates from the ground floor of a large, three storey corner property with attractive frontage featuring arched windows and entrance. The business is well branded with an authentic Spanish theme. Inside, the spacious restaurant is split across two level with a combination of polished stone and wooden flooring. The Spanish theme continues with attractive brickwork to the walls and quirky décor. The restaurant offers seating for up to sixty with seating for further customers outside. There is a well-stocked bar with wooden servery, this has under counter fridges in place along with coffee machines and computerised tilling system.

To the rear of the dining area and bar is the well-equipped, professional kitchen, along with food preparation area and storeroom. The kitchen has six-burner gas cooker, large gas griddle, double deep fryer and much more.
All areas are presented to a high standard with good quality fixtures and fittings in place.

STAFF

The business is currently operating with our client in full time employment managing the restaurant, supported by two part-time and three full-time members of staff.

FINANCIAL DETAILS

El Meson De Los Hermanos has traded solidly. The business generates an annual turnover of £407,321 with gross profits of £258,923. Full financial details are available upon viewing.

SUMMARY

This leasehold Spanish tapas bar and restaurant is very well-established and located ideally within a busy town centre. The restaurant offers an extensive tapas menu containing an endless choice of hot, cold, griddled and salad dishes, including a healthy selection of meat, fish, rice, potato and vegetarian dishes.
Diners can choose from tapas and a la carte menus. The latter is crammed with imaginative meals, including signature paella and blackened rice dishes.

There is much scope for the introduction of a delicatessen counter, along with delivery service that could be introduced to meet local demand. 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:
Restaurant and Bar

Air conditioning

Restaurant furniture to cater for 60 customers

Bar with wooden servery

2 Double door glass fronted counter fridges

1 Crush and 1 ice cube machine

2 Group coffee machine

Coffee grinder

2 Small fridges

Computerised till

Kitchen

Fully equipped including 6-burner gas cooker

Large gas griddle

Double deep fryer

1 Upright stainless steel fridge

1-door stainless steel counter fridge

2-door stainless steel fridge

Dishwasher

Wash up area
Trading Hours:
Mon - 6pm - Midnight
Tue - Sat - 12pm - 3pm / 6pm - Midnight
Sun - Closed

Tenure: Leasehold

Location Details: Weybridge

Leasehold Term: Rent: £673 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6260
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