Restaurant for sale

Leasehold Mediterranean Restaurant Located In Ashby-De-La-Zouch

0121 721 6440

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Restaurant

0 bed

0 bath

Property description & features

Leasehold Mediterranean Restaurant
Town Centre Location
Operates On Short Hours
Further Potential
Ideal Starter Business
Accommodation Above

Leasehold Mediterranean Restaurant Located In Ashby-De-La-Zouch
Accommodation Above
Town Centre Location
Ref 3046

Asking Price £49,950

Location
This respected Mediterranean Restaurant is located in Ashby-de-la-Zouch. A bustling historic market town renowned for its tourism, and set in the heart of the National Forest. There are great transport links including access to the A42, leading to the M1 and also the M42 Motorway being just a few minutes drive away. East Midlands Airport is also a short distance away.
Business Description
Veritas Business Sales offer to the market this delightful Mediterranean Restaurant which is located in the market town of Ashby-de-la-Zouch. The premises has been a restaurant for over 30 years and has been in the careful hands of the current owner since September 2023. They are now offering the business for sale to relocate overseas.
Since ownership they have redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The restaurant is owner operated and comes with no staffing liabilities. They serve rustic Spanish & Mediterranean dishes which can be accompanied with fine wines and enjoy a weekly turnover of £4,000-£4,500 trading on short operating hours.
We believe that there is potential to increase turnover by extending the opening times and offering Sunday lunches. They have great reviews with 5.0 rating on Tripadvisor & 4.9 rating on Google and have built a strong reputation within the local community and beyond and as such have a high level of regular and repeat trade. This is a superb opportunity to purchase a restaurant where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Wednesday - Saturday - 17:00 - 21:00
Sunday - Tuesday - closed

Leasehold
Term: 5 years
Remaining: 4 years
Rent: £20,500 pa
Reviewed:
Business rates: £595 pa

Ground Floor
Entrance door leading to a small w.
Open plan restaurant and bar comprising: bar area with counter, undercounter drinks (Interlevin), stainless steel sink, undercounter drinks fridge (Autonumis), shelving for wine/spirts display and glass storage, seating area for pre-dinner drinks, door leading down to the cellar, door leading to the first floor, restaurant area with tables & chairs to cover (29), cutlery cabinet, napkin cabinet, gas metre cupboard and fire exit.
Commercial kitchen comprising: gas combi oven (Rational), gas deep fat fryer (Lincat), 6 burner range (Falcon), extraction canopy, 2 x stainless steel tables, 2 x small single basket deep fat fryers, wall mounted knife rack, utensils rack, blender (Ninja), stainless steel upright fridge, stainless steel worktop with hot cupboard and heated pass, stainless steel sink, dishwasher (Halcyon), glass washer (Concept), stainless steel double sink, stainless steel table with 2 x shelves above, microwave (Panasonic), metal storage unit, insect zapper, combination boiler (Ideal), stainless steel storage unit and walk-in cold room.
Gents W/C with wash basin.
Ladies W/C with wash basin, 2 x mirrors and wall mounted paper towel dispenser.
Dry stores with chest freezer and stainless steel sink.
The premises benefits from gas fired central heating and an intruder alarm

Cellar
Below ground, one cellar room with CCTV monitor (5 camera system).

First Floor
Bedroom
Kitchen with 3 x small chest freezers, washing machine (Zanussi), stainless steel sink drainer, base unit and storage unit.
Storeroom with 3 x storage units and upright freezer (AAEG).
Bathroom with shower cubicle with electric shower (Aquatronic), W/C, wash basin and wall mounted mirror.
This can be used as two bedroom accommodation
EPC Rating D

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Places of interest

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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