Restaurant for sale

Brook Street, Warwick, Warwickshire, CV34

Fixed Price £49,950

Property Description

Commercial information

  • Business for sale

Key features

  • Exceptional fish and chip restaurant and takeaway
  • Weekly takings £2,250, genuine potential
  • Prominent town centre trading position, popular historic location
  • Immaculately fitted equipment throughout, must be viewed
  • REF:44999

Full description

Tenure: Leasehold

DESCRIPTION
This is an extremely rare and exciting opportunity to acquire a first class fish and chip restaurant and takeaway, which occupies a prime trading position in the sought after town centre of Warwick, Warwickshire.

Warwick, the county town is famous for its magnificent castle and historic charm and enjoys a calendar of diverse and exciting events throughout the year, including the popular Folk, Thai and Literary Festivals, as well as Retro Warwick and the renowned Victorian Evening.

The shop is located on a bustling main road in the centre of the town next door to Café Nero and other independent and high street retailers, with a high level of footfall. Over one million tourists visit Warwick Castle each year. The restaurant is recommended by the local tourist board and is on the main free map of the town given to tourists.

There is an abundance of commercial businesses and quality residential dwellings in the surrounding locality, ensuring the business attracts high levels of both local and passing trade throughout the day and evening.

The business has quickly established an enviable reputation, especially during the present ownership for offering the finest fresh cuisine.

There is genuine scope for future growth and improvement. The business currently closes on Monday and Sundays, so additional days and hours can be increased.

These enhancements will significantly increase the weekly sales and the overall profitability.

This business therefore represents an ideal investment for an ambitious husband and wife team or business partners, who would like to build upon the excellent foundation already in place.

This is a truly first class business opportunity and a viewing is therefore highly recommended to avoid disappointment.


WEEKLY SALES
Currently shop sales average £2,250 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Tuesday - Wednesday 11:30 - 15:00
Thursday 11:30 - 15:00 & 17:30 - 19:30
Friday and Saturday 11:30 - 20:30
Sunday and Monday Closed

Takeaway Times (Just Eat)
Tuesday and Wednesday 17:30 - 20:00
Thursday 17:30 - 21:00
Friday and Saturday 17:30 - 22:00
Sunday and Monday Closed

STAFF
Managed by the owners with 1 full time and 1 part time member of staff.

PROPERTY
This is an imposing and highly visible mid-terraced, three storey property.

TRADING AREAS
The spacious sales area on the ground floor is bright and airy creating a welcoming environment with seating for up to 10 people, with an additional 14 covers situated on the 1st floor. The business is fitted to a high standard with good quality equipment.

There are ladies and gents toilet facilities located on the 2nd floor. Also on the 2nd floor of the property there is a fully fitted preparation kitchen with a dumbwaiter with a lift to the ground floor.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 10 year lease which commenced in 2015. The annual rent is £18,000 exclusive (correct as advised on 21/09/16).

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

SUMMARY
This is an excellent opportunity to purchase an excellent business in a delightful and sought after locality. To avoid disappointment, a viewing is highly recommended.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Warwick (0.5 mi)
  • Warwick Parkway (1.0 mi)
  • Leamington Spa (2.3 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

  • Warwick (0.5 mi)
  • Warwick Parkway (1.0 mi)
  • Leamington Spa (2.3 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 44999. 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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