Restaurant for Sale in Nantwich, Cheshire

  • £225,000
  • £85,000/Annum
Nantwich, UK
REDUCED AVAILABLE BUSINESS & LEASE FOR SALE

Restaurant for Sale in Nantwich, Cheshire

Nantwich, UK
  • £225,000
  • £85,000/Annum

Description

Successful Restaurant for Sale in Nantwich. 5 Bed Flat. Huge Car Parking Space


MAIN FEATURES

  • Substantial Restaurant Property in a Historic Building
  • 5 Double Bedroom Accommodation in Excellent Condition
  • Potential to Convert into Hotel/Serviced Accommodation Use (STPP)
  • 25 Car Parking Space
  • A Grade I Listed Building with Large Rear Garden
  • Fully Fitted Modern Commercial Kitchen in Place
  • Benefits from Premises and Wedding Licence
  • Fully Refurbished to a High Spec in 2019

LANDLORD’S REQUIREMENTS

  • 3-6 Month’s Rent deposit subject to references
  • Personal Guarantor subject references
  • Proof of funds
  • Accountant’s references
  • Trade references

LEASE DETAILS 

  • Grant of New FRI Lease (Inside the LTA 1954)
  • Lease Terms to be discussed
  • Initial Rent: £85,000 PAX
  • Rent Review: Every 5 years
  • Premium: 225,000 (Business, Lease & FF&E)

RESTAURANT PREMISES

  • Restaurant Circa 118 Covers
  • Total Circa 8000 Sq. Ft ( Restaurant : 3380 Sq. Ft )
  • Meeting Hall & Private Room in the First Floor
  • Substantial Rear Garden
  • Business Rates: Circa £11,976 (Rateable Value: 24,000)
  • Fully Fitted Commercial Kitchen with ample Storage
  • Alcohol & Wedding Licence in Place
  • Opening Hours: Wed-Sat: 12pm – 10pm & Sun: 12pm to 4:30pm
  • Monday & Tuesday Closed

OWNER’S ACCOMMODATION

  • Well Maintained 5 Double Bedroom with it’s own access
  • Circa 2000 Sq. Ft
  • Fitted with 3 Bathrooms, Kitchen & Dining Room
  • Potential to Convert into Hotel/Serviced Accommodation Use (STPP)
  • Currently used by owners

THE LOCATION

  • Nantwich CW5
  • Prime location in popular and affluent Cheshire Tourist Town
  • 0.4 Miles from Nantwich Station (Transport for Wales)

TRADING

  • Gross Turnover: Circa £17,000/week (£816,000/annum) (As per the seller)
  • Currently Trading as Restaurant and Bar till Midnight
  • Currently our clients manage the restaurant with 15-20 Staff

REASON FOR SALE

  • Relocation

VIEWINGS (STRICTLY THROUGH Restaurant Property Sellers)

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Details

Updated on November 8, 2023 at 4:43 pm
  • Price: £225,000
  • Size: 8000 Sq. Ft
  • Covers: 218
  • Use: Restaurant/Bar
  • Type: RESTAURANTS
  • Status: REDUCED, AVAILABLE

Overview

  • RESTAURANTS
  • Type
  • 8000
  • Sq. Ft

Contact Information

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