Description
This restaurant is something of an institution within the town. Hospitality has been provided on the premises for over 90 years. Due to retirement this distinctive and picturesque establishment is seeking a new owner to look after loyal clientele and visiting tourists.
Currently operating as an independent restaurant and cafe it is located in the centre of an historic Surrey market town The town is an important commercial centre for the surrounding area and attract tourists throughout the year. The cafe's setting, within a bustling commercial courtyard is remarkable. The building is in excellent condition and the fully-equipped kitchen is pristine.
Although the premises is fully licensed it currently operates daytime trade from 9am-4pm. A BYO option for alcohol is also currently offered. This is popular for parties using the function room. A new owner has scope to increase revenue through the introduction of an evening service . The cafe's current focus is on providing fresh, seasonal English food in a country styled surrounding.
Asking Price - £120K
Revenue - £240k
Key Features:
- Located in Town Centre
- Sought after location in pedestrianized area
- Profitable
- Loyal customer base
- Extension to restaurant hours to increase revenue
- Bar Area
- Gas Kitchen Fully Equipped
- Pristine and well-maintained
- Private Function Room
- Alcohol License (BYO optional)
- Only premises in town with outside seating area
Excellent food
Business Details:
Leasehold - 7 years remaining
Rent: £3,833 monthly
Location: Surrey Market Town
Staff: 10 employees (7 FT/3 PT)
Covers: 60 + 30 Alfresco
Reason for Sale: Retirement
PLEASE NOTE:
For additional details or to arrange to view the business, please contact
Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at jsweeney@tworlduk.com
To arrange for a viewing or for any other enquiries, please get in touch!
..
Listing Details
- Listing Number: 62394-450362
- Location: Surrey, England
- Price: 120,000
- Down Payment: 0
- Sellers Discretionary Earnings: 0
- Category: Restaurants
- Inventory: 2,000
- FF&E: 0
- Employees: 10
- Years Owned: 6
- Reason for Selling: Retirement
Business Listed By:
- John Sweeney
- Phone: +44 (0) 1372 540 989
- Email: jsweeney@tworlduk.com