0151 556 1500

SHORT NOTICE RESTAURANT/BAR BUSINESS FOR SALE – Prime SW7 positioned and fully licensed (NOW SOLD)

SHORT NOTICE RESTAURANT/BAR BUSINESS FOR SALE – Prime SW7 positioned and fully licensed

Overview:

Long established business operating from leasehold premises located in a prominent SW7 position

Turnover:

Year ended 31 March 2015 – £793,806

Year ended 31 March 2016 – £326,176 (post rationalisation of the business)

Year ended 31 March 2017 – Not yet finalised but indications are that turnover levels are similar to 2016

Leasehold Property:

35 year lease (20 years unexpired) with current passing rent of £120,000 reviewable

Tangible Assets:

 

Comprising restaurant/bar furnishings, fully fitted commercial kitchen and wet and dry stocks

Intangible Assets:

Intellectual property comprising web domain, trading style and social media pages

Expressions of Interest:

Are invited in writing together with proof of funding by no later than 12 noon on Thursday 1 June 2017.  An early sale of the business is sort and prospective purchasers are urged to register their interest without delay by contacting Rob McArdle via email: rob@davidcurrie.co.uk

Non-Disclosure Agreements (NDA):

Are available upon request. Once we receive your signed NDA we will provide you with further information relating to the recent trading history etc.

Note:

The above sale notice contains information provided to us by the company personnel. Neither David Currie & Co, nor their instructing clients, accept any responsibility for such information and furthermore provide no warranty or guarantee as to the accuracy of such information. All interested parties must therefore satisfy themselves as to the accuracy of all information provided to them both above and after signing the NDA.

Enquiries to:

Rob McArdle
Director – Machinery & Business Assets
E: rob@davidcurrie.co.uk

M: 07778 321262
T: 0161 393 2222

Cardinal House, 20 St Mary’s Parsonage, Manchester M3 2LY