Restaurants for sale in Great Yarmouth

View the "Prime Located Restaurant & Takeaway Premises" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Prime Located Restaurant & Takeaway Premises

Great Yarmouth, Norfolk, England

  • Leasehold Price: £200,000
Seller Reference: HD/06/2020
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Business Description
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Seller Reference: HD/06/2020
Request Details
Business Description
A prominent building with eye catching frontage (42 ft) to Marine Parade and return frontages to York Road and Lancaster Road. Configured as an open plan air-conditioned restaurant (74 covers) with bar area, takeaway with servery and ancillary kitchen, preparation stores, WC facilities, staff room and office. The business has been established for approximately 7 years with an excellent reputation for fish, grills, and burgers. The restaurant is temporarily closed (as at the 1st June 2020) however the takeaway part is trading 7 days a week (11.30am to 7pm) and with sales primarily of fish, chicken and burgers.

The business sale will include an inventory of good quality trade fixtures, fittings and equipment. Accounts information will be available further to a viewing of the business. This is a highly profitable and successful family run business and a reluctant sale.
Location Details:
The property occupies a prominent corner position at the junctions of Marine Parade with York Road and Lancaster Road on the Golden Mile. To the opposite side of Marine Parade the former Marina Centre is in the process of being redeveloped as a multi purpose water and leisure complex. Other occupiers in the area include the Hippodrome Circus, Tourist Information Centre and Grovenor Casino.
Leasehold Term:
A new Lease for a term to be agreed at an initial rent of £36,000 per annum. Lease on tenant's full repairing and insuring terms. Premium of £200,000 for the trade fixtures, fittings, equipment, and business goodwill.
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