Restaurants for sale in Hemel Hempstead

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Restaurant, Bistro, Brasserie, Caterer, Food service

Hemel Hempstead, Hertfordshire, England

  • Leasehold Price: £139,750
  • Weekly Turnover: £3,950
  • Annual Net Profit: £10,000
Seller Reference: PAX012979282
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX012979282
Request Details
Business Description
Our Hemel Hempstead establishment opened in 2013 with a renewable 10 year lease ending March 2023 . Rent is very affordable for this A3 predominantly situated corner unit . Rates have been successfully renegotiated and dramatically lowered by 60% late 2019 with authorities achieving a payable amount of only 15% of the yearly rent ! Upstairs first floor contains an area equally identical in surface to the ground and currently used for storage. Restaurant extension or dwelling 2 bedrooms flat can be done upstairs... A car park exist in the back ( see picture) for 2 cars to be licensed.

We are open from 9 am until 4 pm on average 7/7; extending trading hours adding the benefit of deliveries with JustEat, Deliveroo and UberEat together with evening opening and wine license would achieve a turnover in excess of 4 times the present level. It is a real opportunity for discerning parties...

Offers invited close for the asking price to exclude all equipment although we are willing to sale all of it, (but not part of if) if it is required. We have all fire control dashboard operated with springlers etc while 3 phase electricity is in place and currently operating.

The thriving town of Hemel Hempstead has much to offer to its many visitors and is a great family-friendly place to shop. The Marlowes, the outdoor pedestrian shopping zone, where our restaurant is located, has recently been the subject of a major revamp and now boasts many facilities to help turn any visits into more than just a shopping trip. There are innovative play areas for children, an attractive food court and a town square with entertainment. Further more this year a large multi screen Cinema complex is due to open at the Marlowes shopping center boosting even more our dynamic town !

As an active member of "slow food" UK our gourmet Bistro (A3 planning) is extremely popular in Hemel Hempstead . The restaurant at 170 Marlowes is at the end of a parade, in a very predominant corner position within 1 minute walk of all the usual high street retailers such as Debenhams, Boots, Tesco, M&S, WH Smith, Holland & Barret , Poundland, and all the banks.

The restaurant has recently been entirely revamped and is fully equipped with a functional kitchen & extensive new refrigeration equipment , distingtive deco, vacuum pack machine, 2 pan self cleaning fryer, oven, cold walking fridge, fixtures and fittings and so much more. Opportunity is available for further growth by simply extending opening hours and / or acquiring a wine license or extending the extra rooms upstairs (used for storage presently),into a restaurant extension , tea room, private function for businesses or parties.

All relevant documents leases, accounts, available to interested parties. Please email us direct to roastino@roastino.co.uk to make an appointment or reply to the add.
Trading hours:
9.30 am - 4.00 pm
Number of employees:
4
Tenure:
Leasehold
Support and Training:
On completion of sale we will, if required, stay on site up to 3 weeks with business as usual, to introduce you to all customers, pass on our procedures, cooking techniques, delivery process , catering & marketing etc .
Location Details:
Vibrant Hertfordshire location
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