Restaurant and bar for sale in Whitchurch Shropshire with recent renovations and loyal customers

Description

RESTAURANT AND BAR in Shropshire for Sale.A fantastic opportunity to acquire this long established restaurant and bar, set up by the current owners in 2017, during which time it has built a strong reputation and loyal customer base. Weekly turnover £6,500. The business is currently run predominantly by staff due to the owners’ other business interests, offering strong potential for an owner-operator to reduce wage costs and improve profitability. The business trades in very limited hours over five days, with clear scope for new owners to extend opening times and increase turnover.The premises are owned by the vendor and will be offered on a new free of tie lease with a sensible rent. The property is ideally located within the town centre, adjacent to a public car park and surrounded by other bars and traders. The premises have undergone significant refurbishment and must be viewed to be fully appreciated.The accommodation comprises a reception area with large bar and lounge seating, restaurant seating for 54 covers, a second lounge bar and a private function room to the rear. There is a well-equipped commercial kitchen with separate pot wash area and storage rooms, together with newly refurbished ladies, gents and disabled WCs and baby change facilities. A small outdoor seating area is located to the rear.There is an option to purchase the upstairs letting rooms business separately for an additional £20,000. The accommodation comprises six en-suite letting rooms, currently trading via Booking.com.The letting rooms and restaurant business are available on a combined rent of £40,000 per annum.EPC Band B.