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Busy Dorset Town Caribbean Restaurant Leasehold Available, Fully Operational

Weymouth, Dorset, ID 232663

Busy Dorset Town Caribbean Restaurant Leasehold Available, Fully Operational 1
Busy Dorset Town Caribbean Restaurant Leasehold Available, Fully Operational 1
Asking price:
GBP£275 000
Turnover (per year): £750 000 gbp
Net profit (per year):£250 000 gbp
Owner
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Description

We are the best Caribbean restaurant in Dorset, fully operational and open. The business is a strong success, with most evenings fully booked and an established excellent reputation.The restaurant is located in a prime position, approximately one minute’s walk from the quay and around a three-minute walk from the nearby sandy beach.The restaurant is situated on the upper floor and is presented to a high standard with attractive décor. The open-plan kitchen includes a separate tiki bar, which is fully fitted and well stocked and is a notable feature of the business.The business is being sold with staff, stock and all necessary items included, allowing for immediate continuation of trading. The building also includes a third floor which is currently unused but offers potential for accommodation use.Leasehold: £275,000Annual Rent: £15,000The lease is long and extendable, and the rent is considered low for the size of the premises.Contact to arrange a viewing and for further information.

Details

Real Estate: Lease
Asking price: 275 000 gbp
Turnover (per year): 750 000 gbp
Net profit (per year): 250 000 gbp
Rent (per year): 15 000 gbp

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