Licenced Trade, Pubs & Clubs, North of England, North of England
- 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). EPC Band B.
Notes
Disclaimer - Property reference 590457. 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 Ernest Wilson & Co Limited, EW Leeds. 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.
Map data ©OpenStreetMap contributors.