Restaurants for sale in Wallasey

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David Binder (Nov 2017)
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Leasehold Price: £9,995 Price Reduced
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Business Description
New Lease Terms & Rent To Be Negotiated
Extensive Fixtures & Fittings
New Lease to Be Offered
Customer Seating for 26
Suited To Accommodate Many Cuisines
0.8 Miles From Train Station
Fully Refurbished in 2016
EPC - Not Required
REF 6123 – Leasehold Closed Restaurant

Blacks Brokers are proud to bring to the market this leasehold closed restaurant located in a busy and much sought-after area of Liscard, Wallasey.

INTRODUCTION

Canteen closed in Feburary 2018 due to our clients relocation, this was forced by their other business interests. However, the restaurant was previously trading from 2014 with our client in ownership from 2016. This was a popular and well-frequented business with a large base of regular customers, a superb reputation, 5* hygiene rating and many excellent online reviews.

LOCATION

Located in the Liscard area, the property is close to the heart of Wallasey. There are car parks and roadside parking nearby and public transport links are excellent. This trading location is perfectly placed close to a densely populated residential area yet also benefits from plenty of passing trade.

REASON FOR SALE

Canteen is only being offered for sale due to our client’s relocation forced by other business interests.

LEASE

A new lease is to be fully negotiated with the Landlord of the premises. The previous lease was available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The lease was 2 years with rent reviews every 2 and began in 2016 at a cost of £152 per week.

BUILDING LAYOUT AND DESIGN

This opportunity is housed within the ground floor of a large, mid-terraced retail unit. The frontage is attractively presented with clear signage displayed and a welcoming entrance. The business was fully refurbished in 2016, including the kitchen.
Inside, the restaurant is presented to a very high standard and offers seating for 26 with tasteful décor, modern lighting and free-standing tables and chairs. There is a well-positioned bar area positioned between the two dining areas complete with coffee machine and till.
To the rear of the unit is a well-equipped kitchen with catering cooker, fryer, hot plate and much more. There is also additional storage available within the lower-ground floor.

Each area is well-presented with good quality fixtures and fittings in place.

SUMMARY

This restaurant opportunity could suit a variety of cuisines and due to it’s excellent presentation, could be re-opened almost immediately. There is plenty of scope to develop this opportunity further with an extension of opening days and hours, along with a marketing drive following a re-opening.

Early viewings are strongly advised. Fixtures:
26 x covers

1 baby chair

Bar with 2 x bottle fridges - one single and one double

Sink.

6 Burner catering cooker with double oven

Plate warmer

Heat lamp warmer

Twin Fryer

Hot plate

Grill

Microwave

Twin st st sinks and drainers

Walk in fridge

2 door St St Prep fridge

St st prep tables

Extraction canopy

Hand wash

Racking

Chest freezer

Small vac packer machine

Fly executor

Base storage cupboards

Sound system

Upright Fridge

Upright freezer

2 x Aircon units

Bravilor Bravimat Mondeo coffee machine

2 x Portable oil radiators
Trading Hours:
Closed February 2018
Previous Trading Hours:
Wednesday - Sunday: 12:00 - 16:00 & 17:00 - Late

Tenure: Leasehold

Location Details: Wallasey

Leasehold Term: Rent: £152 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6123
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