Spanish Tapas Restaurant in Shropshire Shropshire,

£58,000

Property Information

Spanish Tapas Restaurant in Shropshire £58000

This is a very well established and highly regarded concern which enjoys all the considerable commercial advantages of a highly visible and much sought-after trading position in this well known tourist market town in Shropshire

The fully licensed Restaurant offers a fabulous menu, featuring  authentic Spanish and Mexican Cuisine /Tapas

All food is prepared freshly to order in its equipped catering facilities employing the finest and freshest locally sourced produce and served in the very pleasant surroundings of attractively furnished and appointed dining areas which may accommodate to thirty six covers in style and comfort.

“The restaurant also holds a valuable restaurant table licence and would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to the possible introduction of local delivery and outside catering services and to operating significantly extended hours in order to fully exploit year-round local demand. The business would also benefit by adopting a more vigorous marketing policy of its excellent existing facilities and services, particularly through its informative dedicated website, in order to improve upon the already impressive levels of turnover and profitability it has achieved since being established by the current proprietor, with the aid of an experienced and motivated team of 4 staff who would be an asset to any purchaser, and we would unreservedly recommend a viewing.

Financial Information Current turnover in the region of £3750 per week with scope to increase.

#To maximize profit this restaurant ideally needs to be owned and run by a couple

Rent The current rent stands at £15,000 per annum- rent review 2021 .

Lease expires – 2029

Trading Hours Tuesday – Saturday; 17.30-22.00 to 11.30pm  , Lunch 12-3pm Thurs- Sat .

Viewing Arrangements

All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please ring Kevin Stokes 07775903332 ( Direct Line )

 

All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy,

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