Restaurant for sale

Osmaston Road, Derby, Derbyshire, DE1

£150,000

Property Description

Full description

Tenure: Leasehold

HIGHLY REPUTED FISH BAR AND RESTAURANT - DERBYSHIRE
Early viewing essential to fully appreciate
Well presented and equipped throughout
High amount of regular and repeat trade
Scope to further develop the business
Situated in the desirable city of Derby
Advised annual turnover of 180,000
Fully modernised throughout
Genuine reason for sale
Walk in condition
Award winning
LEASEHOLD

Location
This superb fish bar and restaurant is situated on a busy shopping high street in the desirable city of Derby, Derbyshire. It is surrounded by a mass of complimentary businesses, residential properties, leisure facilities and travelling facilities deriving much of the businesses trade. Derby is a hugely popular business and residential location due to its fine housing, good schools and NHS services, excellent central shopping facilities and easy road access. The city is easily reached via the A6, the A5111 and the A38 making commuting easy for anyone who wishes to visit.

Business History
Meridian Business Sales are delighted to offer to the market this brilliant fish bar and restaurant which was established by our clients in 2008. The only reason this fantastic business is being offered to the market is due to our clients desire to take a well deserved retirement.

Since the business was established our clients have built up a strong reputation within the local community and beyond for the high quality service provided and as such has a high level of regular and repeat trade alongside good word of mouth recommendations.

Our clients inform us that annual turnover currently runs at 180,000 which is derived from offering a delicious menu alongside a range of beverages. Our clients offer a range of different foods such as jacket potatoes, omelettes, salads, fish and chips, breakfast and much more.

Our clients cater for special events whether it is a small booking or whether a customer would like to hire the whole venue. They cater for events such as birthdays, christenings, engagements, anniversaries and much more. Once a month our clients have a Mediterranean Greek night with a combination of live music, professionally trained belly dancers and Greek dancing. Live Greek music and entertainment is also available for private hire.

The business has been run at a pace to suit our clients lifestyle meaning that there is scope for a future purchaser to further develop the business by introducing longer opening hours.

Our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively. They have invested time and money into the business and premises and have undertaken a full programme of refurbishment meaning that the business is in full walk in condition.

The business is very well presented throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

This is a tremendous opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this excellent business is not to be missed.

Financial Profile
Turnover: 180,000pa
Stock approximately: 5,000

Tenure
We are advised Leasehold
Rent: 25,000pa

Opening Hours
Monday: 9:00am - 10:00pm
Tuesday: 9:00am - 10:00pm
Wednesday: 9:00am - 10:00pm
Thursday: 9:00am - 10:00pm
Friday: 9:00am - 10:00pm
Saturday: 9:00am - 10:00pm
Sunday: 9:00am - 5:00pm

Accommodation
Well signed property briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Open plan restaurant

Dining area

Bar area

Serving counter

Kitchen/ prep area

Toilets

Nearest stations

  • Derby (0.5 mi)
  • Peartree (1.4 mi)
  • Spondon (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

  • Derby (0.5 mi)
  • Peartree (1.4 mi)
  • Spondon (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

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