Business For Sale

Business for Sale Overview:

This is a superb opportunity to acquire a thriving, Bistro, Café and Restaurant located in one of the most popular tourist towns in North East England. Located in a busy town center, high street location, the business has traded as a café since the 1940’s. In 2007, the current owner transformed the business adding an upstairs Restaurant to the already profitable café. This has been an enormous success adding circa £150,000 to the turnover. During the day, the café serves teas, coffees and light meals. In the evening, the licensed restaurant serves excellent, steak meals which are prepared in the modern fully fitted commercial kitchen using locally raised cattle from the neighboring butcher, ensuring great quality of meat. All of the food produce is locally sourced, with finest quality meat from the local butcher and vegetables also grown and supplied locally.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The superb location in this North East rural market town cannot be overestimated. Leasehold the premises comprise of a ground floor café with a bar/counter area, with the modern commercial kitchen situated at the rear. The newly re-furbished restaurant is to be found on the second floor with the third floor currently used as a useful storage area. Rent is circa £16,000 per annum with a renewable lease available. The rates are circa £4,200 per annum.

Market Competition and Expansion:

A budget was put aside for the launch of the restaurant that included local press advertising, leaflet drops and additionally an excellent web-site was created to attract customers.

Reason for Selling:

Retirement

Additional Details:

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