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Hot Food Take Away, East Yorkshire

£69,950

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Restaurant for sale

Key features

  • Superb trading position, just 25 metres from the sea front / Esplanade
  • Very well fitted and equipped throughout
  • 30 cover restaurant plus seven bar covers
  • Self-contained accommodation could return £1,000 per calendar month

Description

AMERICAN RESTAURANT AND BAR WITH FIVE BEDROOM ACCOMMODATION in Bridlington for Sale.

An opportunity to acquire this superbly fitted restaurant which is operated by our clients’ family with assistance from casual staff and are looking to sell to concentrate on their public house business closer to home. The leasehold premises enjoy one of the finest trading positions in Bridlington, just 25 metres from the sea front / Esplanade, amusements and the Bayside Fun Park. The restaurant also sits directly across from the new leisure centre and is surrounded by guest houses and the town’s shopping areas. The property benefits from an abundance of free parking right outside the unit – a rarity in the town. The restaurant is suitable for any style of theme or cuisine, but the American menu and decor has proven to be hugely successful here. Weekly turnover £7,000. The tradename, branding and intellectual property is included, should new owners wish to continue with this proven and now fully established formulae. Trading in standard hours over seven days through the winter months and extended openings over the summer to benefit from the additional footfall.

The premises offer spacious restaurant facilities along with excellent large, self-contained family accommodation, comprising reception leading to the cocktail bar and lounge area seating seven customers. The main restaurant area seats 30 people comfortably and is very well appointed in an American theme. To the rear is the well-equipped commercial kitchen incorporating extraction system, cooking and preparation areas, dishwashing, food storage area etc. Toilet and wash hand basin and beer ‘cellar’. The first and second floors are the self-contained accommodation and comprise first floor lovely lounge with excellent sea views, bathroom and separate WC, dining room with store off, one bedroom, and fitted kitchen. Second floor a further four bedrooms. The accommodation would benefit from some re-decoration in parts. The accommodation has been valued by a local residential agent and would bring in around £1,000 per calendar month in rental income from a long term tenant. Alternatively, the premises may suit letting out via AirBnb or other holiday cottage portals for even more from short term lets (subject to any necessary consents).
Stock £3,000. We currently await the rating for the restaurant. Commercial EPC Band B. Residential EPC Band D.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

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Disclaimer - Property reference 590862. 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.

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