Restaurant for sale

Seaview Road, Wallasey, Merseyside, CH45

Guide Price £169,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well known licensed restaurant that ceased trading in July 2015
  • Prominent trading position, busy main road parade
  • WT £1,100 (6 days only), fantastic potential for evening trade, 58 covers
  • Same family last 60 years, spacious s/c 2 bed accommodation, owners retiring

Full description

Tenure: Freehold

DESCRIPTION
This is an exciting opportunity to purchase a renowned licensed restaurant which is situated in the bustling town of Wallasey on the Wirral.

Rene's is a well known business that was established in 1954 and occupies a prominent trading position on a busy main road amongst an abundance of retail and commercial premises, within walking distance of the town centre and with a large number of residential dwellings in the neighbouring locality. The area is therefore a hive of activity and attracts high levels of both local and passing trade throughout the day.

Having been under family ownership for the past 60 years, Rene's has established an enviable reputation for offering fresh, home cooked cuisine with a warm, friendly welcome and the business subsequently boasts a strong following with an extensive and loyal customer base.

Rene's operates from highly visible single fronted premises, offering an excellent blend of versatile ground floor business area and deceptively spacious self contained living accommodation.

Rene's is a successful and profitable business, however during recent years the vendors have chosen to operate the business in a more modest fashion due to their imminent retirement. The business therefore offers fantastic scope for future growth and would ideally suit an ambitious and energetic operative who has the opportunity to significantly extend the opening hours to capitalise on the evening and Sunday trade, refresh the menu and also re-brand/ refurbish the surroundings. These enhancements will significantly increase the turnover of the business whilst ultimately enhancing overall profitability.
To fully appreciate this rare opportunity which is only now being offered for sale due to retirement, viewing is highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £1,100 approximately.

ACCOUNTS
Available accounts are to year end 31st October and are summarised below:
2013 - Sales £57,502
2012 - Sales £56,682

TRADING HOURS
Monday - Saturday 08:00 - 15:30

STAFF
Managed by the owners with 5 part time staff.

PROPERTY
The single fronted premises offer an excellent blend of deceptively spacious ground floor retail areas and self contained living accommodation.

RESTAURANT & BAR AREAS
The welcoming 58 cover open plan ground floor dining area is light and airy with tasteful décor, creating a welcoming and relaxed environment. There are separate ladies and gents toilets and ample storage. To the rear of the property there is a well equipped commercial kitchen, wash area and a staff toilet.

RESIDENTIAL ACCOMMODATION
The self contained living accommodation is accessed via an external staircase to the rear of the property and is spacious and well presented with tasteful décor. The accommodation briefly comprises of: A welcoming living room with a feature fireplace housing a gas fire and a separate dining area, comprehensively fitted breakfast kitchen with a good range of quality wall and base units. There is a good size double bedroom and a fully tiled shower room with a modern white suite.

To the second floor there is a generous double bedroom and a good size dressing/ storage area. Externally there is a first floor decking area.

TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is a superb opportunity to acquire a successful business with a loyal following and terrific scope for future improvement. Only now being offered for sale due to retirement, viewing is recommended.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Wallasey Village (0.9 mi)
  • Wallasey Grove Road (1.0 mi)
  • New Brighton (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wallasey Village (0.9 mi)
  • Wallasey Grove Road (1.0 mi)
  • New Brighton (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 43529. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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