Licenced Trade, Pubs & Clubs

Restaurant, Bar and Grill
Run entirely under management
Operating profit in excess of £270,000
Recent £500,000 refurbishment
Extremely low rent in comparison to turnover
Annual turnover £1.5 million (net of VAT)
REF 590457. EPC Band B.
Business £450,000
North of England

Restaurant, Bar and Grill in the North of England for Sale.

High grossing restaurant in a very sought after location in the centre of an affluent, racecourse market town in the north of England. The restaurant is arranged to comfortably accommodate 95 diners, plus bar area for 12. Annual turnover £1.5 million (net of VAT) with an operating profit in excess of £270,000. Chic, two-storey restaurant with wonderful covered and heated al fresco courtyard. Circa half a million pound refurbishment to the restaurant in 2022. Extremely profitable operation as the rent payable is very reasonable and a fraction of the sales turnover achieved here. Rent will not be reviewed now for another five years. An additional adjoining unit provides staff accommodation (if required). EPC Band B.