Business for Sale Overview:
Located on a site synonymous with good food and wine for many years with this outlet under the stewardship of the current Owner for the past 18 months, this successful bistro style restaurant specializes primarily in French and Mediterranean cuisine in a modern style – serving a wide range of delicious food and wine including a number of mouth watering French dishes joined on the menu with the occasional Italian and traditional English dish. For dinner and lighter lunches this restaurant is an equally firm favorite amongst the large volumes of local residents and office staff living and working close to this establishment.
One of the few quality restaurants in the area, this business enjoys a fairly exclusive mid market position with really only a number of ethnic restaurants and local pub food as its immediate competition. Occupying a very attractive building that has, for many years, been occupied by restaurants and bars serving good food and wine this is perhaps the most successful venue to date here, serving as it does a very high standard of authentic, well-cooked and very reasonably priced food in a very relaxed, modern and enjoyable atmosphere. With its high ceiling, large windows, stripped wooden floors, wooden tables, linen tablecloths and napkins, traditional French style bar area and original features dating back to the late nineteenth century, the decor is light and airy whilst being warm, welcoming and informal – as appropriate for a low key business lunch during the day as it is for a romantic meal for two, dinner with friends or colleagues in the evening or a party to mark a wedding anniversary or special birthday.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The restaurant occupies the ground floor and basement of a street corner location amidst a number of retail outlets, small offices and substantial residential accommodation on a very busy road into one of Surrey’s busiest commercial centers and as such benefits from high levels of awareness. The building dates from the late 19th Century and retains many of its original Victorian features. The focal point is a very traditional and imposing full height French style bar and a large mirror retained from the building’s former use as a well known retail outlet.
The restaurant area, approximately 1,800 square feet, has a high ceiling and large windows and comfortably seats 60 with more space between tables than in many outlets. It is light and airy and is attractively furnished with stripped oak floors, oak paneling and wooden tables and chairs. The kitchen is of a good size with ample storage space.
Below the restaurant is a basement area which includes an office, wine cellars, ample storage space and a staff room.
There is ample free parking in the many residential streets nearby.
The premises are leased with approximately seventeen years remaining, at an annual rent of £36,000. Rates are a further £8,417.
Market Competition and Expansion:
Situated in a very prominent position and a location synonymous over the years with good food, drink and entertainment and with little or no direct, local competition this business enjoys high levels of residual awareness and goodwill. It has enjoyed very favorable restaurant reviews which are featured on many of the relevant restaurant websites.
What marketing the business has undertaken has revolved around local press advertising including the local, lifestyle glossy magazines and leaflet drops. The business has a very well designed, informative and easy to navigate website which performs very well in all of the major search engines for all appropriate search terms however the business benefits most from the most effective marketing of all, strong word of mouth recommendation.
Reason for Selling:
The restaurant with a Business partner who has sin
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.