 | Large Contemporary Gloucester City Centre Restaurant For Sale Gloucester, Gloucestershire, United Kingdom Advert ref: 3325PS FINANCIAL DETAILS | Asking price: £160,000 Sales revenue: < £200k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer for sale this stylish and contemporary restaurant located in the centre of Gloucester. The restuarant was fully refurbished in 2006 and has an excellent reputation. The restuarant is situated on the ground floor of this three storey building and has a bar area and circa 50 seats, although there is potential to expand this number. To the rear of the restaurant is a disabled toilet facility and rear access to a parking
area. The first floor contains a store room and the ladies and gentlemen’s WC’s. The top floor contains a spacious fully equipped
kitchen with a lift connected to the ground floor restaurant.The restuarant has the benefit of very low rental - only £8500 per annum. There is scope to expand the business.
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GENERAL INFORMATION | Years established: 2.5 years
Employees: 2 full time, 3 part-time
Trading hours: 11.00 to 15.00 and 17.00 to 22.00
Property: Leasehold
Lease terms
There is a 15 year lease with 13 years remaining with a current annual rent £8,500 per annum.
Location
Gloucester City Centre just off the main shopping area
Expansion potential
Potential to open longer hours, or open Sundays and increase range e.g introduce breakfasts
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The Business Partnership - Gloucestershire, Oxfordshire and Wiltshire | | | |
