Restaurants, North of England, North of England
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Pub for sale
Key features
- Run entirely under management
- Operating profit in excess of £270,000
- Recent £500,000 refurbishment
- Extremely low rent in comparison to turnover
Description
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).
About Ernest Wilson & Co Limited, EW Leeds
The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG
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Notes
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