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Modern Town Centre Bar and Restaurant For Sale

 
South Warwickshire, United Kingdom
 
Advert ref: trb.1317
 
FINANCIAL DETAILS
 
Asking price: £300,000
 
Sales revenue: £360,000
 
Net profit: £100k < 250k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership offer this outstanding opportunity to acquire a substantial leasehold “gastro-pub” and lively bar in this affluent South Warwickshire Town Centre. The bar and restaurant area were fully refurbished to very high standards in November 2006 and has developed an excellent reputation in the region for themed restaurant dining and a lively evening bar atmosphere. The restaurant theme is unique to the region and it’s popularity is increasing monthly. The bar area offers high quality, relaxed surroundings for both day time and evening relaxation.

GENERAL INFORMATION
 
Years established: 2

Lease terms
Approximately 18 years remain of a lease with Enterprise Inns at £38,000 rent payable per annum. Rates payable are currently circa £8,500pa.


Location
Town Centre premises comprise a modern, spacious (circa 250m2), well appointed bar, 60+ cover dining area and a fully equipped commercial kitchen only just over one year old.


 
The Business Partnership - Birmingham Central, Birmingham North & Warwickshire
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30