| (REF: 1175NG) Contemporary Licensed Restaurant and Designer Boutique |
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| Seller Reference: |
1175NG |
| B4S Reference: |
29956 |
| Asking Price: |
£260,000
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| Net Profit: |
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| Sales Revenue: |
£500,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Nottinghamshire, United Kingdom |
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HISTORY
Individually designed restaurant and boutique established by vendors on current site in 2009 with an ingoing investment of approximately £160,000
Concept of elegant restaurant, bar and boutique designed to appeal to mainly female customer base
Beautiful xxx cover contemporary restaurant equipped to a high standard
Boutique offers a modern shopping experience for discerning customers
Weekly takings steadily built up now offering highly consistent trading pattern
REASON FOR SALE
Family circumstances
PRODUCTS AND SERVICES
Restaurant and Bar
Contemporary menu offering
o Breakfast
o Lunches
o Afternoon tea
o Evening meals
Teas and coffees
Restaurant caters for functions of all types, including weddings, anniversaries and other social/businesses events
Public bar providing alcoholic and non alcoholic beverages along with a range of bar snacks
Focus on quality cuisine
Boutique
Selection of designer clothes in sizes 8 to 18
Casual and stylish outfits offered for all occasions
Accessories
Shoes
Handbags
Jewellery
CUSTOMERS
Restaurant attracts an affluent mainly urban professional clientele
Approximately 80% of customers are female
Drawn from highly desirable suburb
SUPPLIERS
Restaurant consumables sourced from a wide variety of trade suppliers
Free of tie
Various designer brands stocked in boutique including
o Nougat
o Bruuns Bazaar
o J Shoes
o BZR
o NTS
o FDJ Jeans
o Eliane et Lena
o Sentido
o Avoca
o Bohemia
o John Smedley
STRENGTHS
Located in the very heart of an affluent area.
Loyal repeat customer base of locals and visitors
Broad based income stream from bar, restaurant and boutique
Restaurant dιcor is both elegant and tasteful with artwork and chandeliers
Unique boutique/restaurant combination within the city
Loyal staff with very low turnover
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
Leasehold
10 year lease with 8 years remaining |
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Living Accommodation: |
No |
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Details of Accommodation: |
Modern ground floor premises specifically refurbished for use as elegant bar/restaurant with boutique 3 single rooms (1 en-suite)
Entrance to bar area with seating for bar snacks and drinks
Fully equipped bar
o Coffee machine
o Glass washer
o Refrigerated drinks display cabinets
Restaurant area with xxx covers
o Elegant dιcor with chandeliers
Store
Ladies and gents cloakrooms
DDA compliant WC
Kitchen
o Refrigerated glass display cabinet facing customer area
o Microwaves
o Glass washer
o 6 burner hob
Exterior seating area to front of building
Boutique comprising
o Double fronted window display
o Racking and shelving appropriate to trade
o Display cabinets
o Changing room
o Sales counter
o Elegant dιcor with chandelier |
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Location: |
Prominently sited close to the centre of affluent area in Nottingham
Range of complementary businesses within the immediate locality
Thriving area with considerable growth planned
Ideally positioned to attract townspeople, business travellers and visitors |
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Buyer may wish to extend boutique area to enlarge existing restaurant facility
Additional focus on business development activities
Variation of cuisine style
Introduction of additional products ranges within the boutique
Additional focus on takeaway side
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Vendors are husband and wife team managing the restaurant and boutique on a daily basis
4 full time
4 part time
2 staff in boutique
6 in restaurant
o 2 chefs
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