 | Investment Opportunity, Restaurant with Large Property South Wales, United Kingdom Advert ref: CL.11.950.W Business description
A large 3 storey property formerly 2 houses with the ground floor fully integrated to give a 100 cover restaurant with bar area. The award winning restaurant is well known & well established close to the city centre . The 11 rooms above are currently un-used but could be converted into flats or bed-sits (university nearby)
Years established: 30+ years , present vendor 6 years
Employees: 2 chefs + vendors family
Trading hours: Monday - Friday 6:30pm - 11:00pm , Saturday 6:30pm - 12:00 Midnight
Property: Freehold
Living accomodation
11 rooms+ 2 bathrooms above offering flexibility
Location
A mid terrace property in a well populated residential area at a busy road junction close to this S. Wales city centre
Expansion potential
Possible lunch time trade, (several large offices nearby) & sunday lunch trade, + utilisation of the rooms above
Support & training
As Required
Reasons for selling
Retirement due to health problems
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| | Financial details Asking price: £950,000
Sales revenue: £180,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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