Commercial Property for sale

Roadside Restaurant, Thirsk, YO7 3HW

Sold STC £395,000

Property Description

Commercial information

  • Business for sale

Key features

  • Profitable roadside diner on c.0.95 acre site
  • Major trunk road between A19 & A1(M)
  • Close to popular North Yorkshire market town
  • Adjacent to Petrol Filling Station
  • Potential development opportunity STPP
  • Available with vacant possession. Energy Rating C

Full description

Tenure: Freehold

Description

The business currently operates as a diner, offering international cuisine and has been a consistently profitable concern since it was built in 1992.

Occupying a highly visible location on a major trunk road, the site benefits from regular custom from nearby residents, as well as road users travelling south towards the A1(M).

Sitting adjacent to a Petrol Filling Station is also an added benefit.

Location

The diner occupies a prominent roadside position on a major dual carriageway which is a trunk road between the increasingly busy corridor A19 and the A1(M) north and southbound, in close proximity to a popular North Yorkshire market town

Internal Details

The diner is set up to accommodate 60 covers in a table and chair seating arrangement. There is a service counter and till point, and beyond that is the catering kitchen and back of house storage space.

Internally the ratio of preparation/back of house space to dining area is 35:65. There is scope to reduce back of house and increase the number of covers should a new operator wish to do so.

There are male, female and disabled toilet facilities.

Fixtures & Fittings

We have been advised that all of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.

External Details

There is car parking for 45 cars, and the site is accessible for HGVs, caravans, trailers etc. The site extends to circa 0.95 acres.

The Opportunity

This is an excellent opportunity to take on a long established business that was built from scratch and has been in the hands of the current owners since first established 24 years ago. Our clients would be more than willing to offer a staggered hand-over to allow a new owner to get to know the business and assist with the transition.

Staff

At present, the business is largely staff run, by a team of 10 who have been together for a number of years and know the business very well. This allows the owner to adopt a managerial role from a distance, whilst visiting the site on occasion.

Further detailed information regarding staff rotas and rates of pay can be provided to seriously interested parties on application.

Trading Information

We are advised that turnover for year ended 31st March 2016 was £189,881, producing adjusted net profits in the order of £67,500.

Further information, by way of a Profit and Loss statement will be provided to seriously interested parties on application.

Trading Hours

8am-8pm, seven days a week.

Development Potential

The site extends to circa 0.95 acres, and the current owner has drawn up plans to introduce a 35 bed motel. Due to a genuine wish to retire, our clients have decided not to pursue this venture but would be happy to pass on any drawings, plans etc. to the new owners.

It is worth noting that there are currently circa 900 new houses being built approximately one mile away from the site, indicating the huge growth potential in this much sought after area of North Yorkshire, backed by Hambleton District Council who has a keen interest in it's development.

Planning Permissions

Any redevelopment or change of use would be subject to the necessary planning consents being granted by the relevant local authority.


More information from this agent

Nearest station

  • Thirsk (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 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.

Floorplans


To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 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 station

  • Thirsk (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 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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