Restaurant for saleTilehouse Lane, UB9
- Business for sale
- REF: 13413 J
Hilton Smythe welcomes to the market Biggles Restaurant. This well-established business was first established in 1985 by our clients. The restaurant has been well run by the owners, the restaurant would be a perfect opportunity for a husband and wife team or partnership. Our clients are now looking to sell the restaurant, due to the desire to take well-deserved retirements.
Biggles has been trading in this location for over 30 years boasting an enviable reputation. The property was built during the first world war and was the home to the original owner of Denham Aerodrome. There are several original features in place such as the stone walls and beamed ceilings. This is a perfect family friendly restaurant with a warm and cosy atmosphere.
The restaurant sees a generous amount of repeat loyal custom. Regular custom includes guests that have a light aircraft at the aerodrome. This includes celebrities and popstars that love the continental classic menu and large selection of wines our clients source. The restaurant has become famous for its freshly cooked fish, meat and vegetables. Biggles was also a favourite of the late John Mills and his wife who loved the restaurant.
There is an extensive menu available, this includes some classics such as Scampi, Sunday lunches, homemade soups, steaks and beef stroganoff to name a few. A separate A La Carte menu is available. A full menu is listed on the business website. Most foods are locally sourced and our client travels to a market in London to ensure availability of the finest fish and meats for his guests. The restaurant also takes booking for private functions, such as weddings and parties.
The unique location allows for all year-round trade. In 2016 the business generated a turnover in the region of £565,000, with a gross profit of 60%. This is an exceptional turnover, with potential to increase this figure. The business is in a ready to run trading condition and so there are little changes that need to take place. However, due to its views of the air field we feel that there should be a sheltered outside dining area for customers to enjoy their drinks and meals in all weather conditions.
Extending trading hours would also allow for some extra trade. Opening at breakfast time would serve customers that visit the airfield early.
We have been informed that bookings have already been taken for Christmas 2017, this varies from bookings of two up to forty. There is an impressive guest book as both the lunch time and evening trade gets full well in advance.
The business has received several certificates. This includes TripAdvisor Certificate of Excellence in 2012 and 2015. There are some fantastic raving reviews on TripAdvisor, this is great for the business.
The business has a website, this is an easy to use site with ample information available. (www.bigglesrestaurant.com) This website is included in the sale. Although this is an excellent site, we feel that there could be an online booking system for convenience to both the customers and staff. A business Facebook page could also be something the purchaser considers. Social media is a great cost effective way of advertising a business.
This is a fantastic Leasehold opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
Biggles Restaurant is located in Denham, Buckinghamshire.
The business is set on Denham airfield. This is a popular location for light aircraft enthusiasts and other visitors including celebrities. The restaurant does see a generous amount of trade all year round, with an increase in the warmer summer months. The aerodrome serves London and Thames Valley, due to the close proximity.
Denham Aerodrome is situated in between Higher Denham and Denham Garden Village. Each of the villages are great locations for those commuting into Central London. Denham is a quaint village with a population of circa 7,139 as of the 2011 census. As well as the aerodrome, the area also boasts two golf clubs and Northmoor Hill Nature Reserve.
London is just a short 40-minute drive away from the business allowing this location to benefit from excellent public transport and road connections. The closest bus stop is a short walk away and there are two train stations also just a short drive away. The M25 motorway is just 10 minutes away and the nearest exit is the A412.
Biggles Restaurant is located on an airfield in Denham. The business boasts a substantial sized detached property in direct view and access to the air field. There is a private driveway with parking for a minimum of 40 cars. To the front is a manicured garden, used for seating, as well as a private gated garden to the rear.
The property briefly comprises: -
55 x cover restaurant split into bar area.
Two linked rooms with windows to both sides.
Curved stone bar servery with 3 points dispense.
Double glass fronted drinks chiller.
Secure wine store area.
Fully equipped kitchen.
Dry store cupboard.
Kitchen equipment includes:
Two arm Gaggia coffee machine.
Pass through dishwasher.
Double stainless steel preparation sink.
Stainless steel fridge unit.
Stainless steel central work bench.
Two pan Lincat fryer.
Six pan Bain Marie.
2 x Six ring commercial stainless steel cookers.
Hand wash sink.
Store room equipment includes:
Walk in chiller.
4 x chest freezers.
Ice cream freezer.
2 x new boilers (1 x restaurant, 1 x first floor accommodation)
There are also two other areas, this includes bin store area and wine store room. There is further storage space in the external garage.
3 x double bedrooms.
3 x single bedrooms.
Shared bathroom and toilet.
Accommodation is entered by the main restaurant hallway, there isn't currently a separate entrance.
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 10 years
Remaining lease length: over 9 years as of 2017.
Rent: £31,000 per annum
The business opening hours: -
Tuesday: 12pm - 2:30pm & 6pm - 10:30pm
Wednesday: 12pm - 2:30pm & 6pm - 10:30pm
Thursday: 12pm - 2:30pm & 6pm - 10:30pm
Friday: 12pm - 2:30pm & 6pm - 10:30pm
Saturday: 6pm - 10:30pm
Sunday: 12pm - 2:30pm
The business is run and managed by our clients, with the help of eight members of staff.
The business generated a turnover in the region of £565,000 as of the 2016 accounts.
Gross profit 60%
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