Dear business restaurateur and colleague.
We are delighted to offer now for a premium the assignment of our lease situated in a very busy prime position in our town shopping centre following the sale 2 years ago of our next door fish-bar ( not yet -?-updated on Google maps ) We benefit for a very high level of weekly footfall . The business was created in 2012 and run by Francois, the present owner with several decades ofs experience in the food industry
The owner and has now the wishes to take a well earned retirement.
This exciting opportunity will enable the new ambitious entrepreneur to benefit from a high levels of customer service and attention to details that contributed to our success . Our Hemel Hempstead establishment opened in early 2013 after extensive work . It has a 10 years commercial lease automatically renewable in March 2023 . Rent is very affordable (£30k pa) for probably the best prime corner unit in town center . Rates have been successfully renegotiated by our legal team late 2019 and revisited by gov to help with pndemic (they are now at £287 pm at lower rate until March 2022) . Our average £4900 weekly turnover has only achieved DESPITE LOCKDOWN SINCE March 2020 with solely deliveries while the front house is very much expected to reach 3 times this amount when fully open summer 2021.
Evening opening Friday , Saturday and Sunday will resume in September 2021 making It a real opportunity for discerning parties..
We also have an unused upstairs first floor containing an area equally identical in surface to the ground and currently used for storage. It can be easely be used as a restaurant extension , a separate trade ( we have written authorisation from the landlord to be able to sub-let one year at the time ) or after little work into a dwelling 2 bedrooms flat . A car park exist in the back ( see picture) for 2 cars to be licensed to park
We were trading before lockdown from 9 am until 5 pm 6/7, closed Mondays ; We have lowered / closed trading hours because of the pandemic while adding the benefit of deliveries since March 2020 with our own web sales, JustEat, Deliveroo and UberEat .The business has remained very much profitable . We have 5/5 food hygiene rating and top ratings on social media / supplier reviews.
Offers upon negociations are to include all newly bought equipment ( see pictures ) . We have all fire control dashboard operated with springlers etc and a 3 phase electricity is in place and currently in perfect operation. All highly trained staff will be willing to stay employed with the new owner under agreed conditions.
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 nearby 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 last year a large multi screen Cinema complex was due to open at the Marlowes shopping center boosting even more our dynamic town ( delayed for late 2021because of Covid )!
As an active member of "slow food" UK our gourmet Bistro is extremely popular in Hemel Hempstead within short walk of all the usual high street retailers such as Boots, Tesco, M&S, WH Smith, Holland & Barret , Poundland, all the banks or popular shops in the Marlows shopping center.
The restaurant has recently been entirely revamped , fully equipped with a functional kitchen & extensive new refrigeration equipment , cold room, private distinctive wood art decoration - available to sell separately- vacuum pack machine and a state of the art ( used only 5 months) , 2 pan Frank Ford self cleaning fryer + digital computerised oven, cold walking fridge, fixtures and fittings and so much more.
A visit must be dedicated by the potention interested parties - ideally Mondays , our closing day.
Opportunity is available for further growth by simply extending opening hours and / 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 & reply to the add.
9.00 am - 5.00 pm Tuesday to Sunday + evening week end
Is accommodation included?:
upon visit on site
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 dishes of our own menu, delivery process , catering & marketing etc .
Vibrant Hemel Hempstead prime Hertfordshire location