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(REF: 2847)  Thriving Restaurant in Wigan Gtr Manchester
 
Seller Reference: 2847
B4S Reference: 30793
Asking Price: £128,000
Net Profit:
Sales Revenue: £225,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Wigan, Greater Manchester, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this thriving restaurant, which was established in 2007 and which has been in our clients' careful hands since 2008. The restaurant is only now being offered to the market due to our clients' family commitments. The business trades 7 days a week and generates a turnover in the region of £225,000 per annum with a gross profit of 65%. The award winning restaurant specialises in English/French cuisine and serves lunch and evening meals. The business also opens to the breakfast trade on Saturdays. Our clients' have gained an enviable reputation and have been awarded excellent reviews by a number of critics. The business enjoys a large clientele of over 1000 regular customers. The restaurant holds an alcohol licence to serve until 4am. There is a comprehensive website in place advertising the restaurant and services provided. We have been advised that there are no national restaurant brands in the area, making this an ideal opportunity for a national franchise. The premises are well-equipped to suit the trade and boast 2 spacious restaurant areas, along with additional external tables and chairs for up to 54 covers. We have been advised that there is planning permission in place for a further 30 external covers. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Original length: 15 years
Remaining: 12 years
Review: every 5 years
 
  Current Rent: £40,000 per annum
 
  Living Accommodation: No
 
  Details of Accommodation: Substantial 3-storey corner Victorian style premises in a town centre location. Briefly comprising:

Ground Floor
• Open plan dining area with feature stone flag flooring, customer waiting area and tables and chairs for up to 28 covers
• Central bar servery with 4 points of dispense, coffee machine, coffee grinder, refrigerators, glass washer, optics display, wine display, wash hand basin, sink unit, electronic cash register, 3 x point of sale terminals, 3 x thermal printers and kitchen printer
• Preparation area with 2 x chest freezers, double door refrigerator, single door refrigerator and ice machine
• Ladies and gents WCs with wash hand basins
• Cellar with Python system, coke machine and bottle storage
• Storage area with 120 chairs for external use

First Floor
• Dining area with tables and chairs for up to 74 covers and bar servery with electronic cash register
• 2 x ladies WCs with wash hand basins
• Gents WC with wash hand basin

Second Floor
• Open plan office/staff room, with desk, 6 x lockers, filing cabinets and shelving

External
• External brick paved pedestrian area with tables and chairs for up to 54 covers
 
  Location: The Stables Brasserie occupies substantial 18th century 3-storey premises, ideally located in a prominent trading position on Millgate, a highly sought after area of a busy market town of Wigan in Greater Manchester. The premises are ideally situated adjacent to the town's main shopping centre in a busy pedestrianized street. The Grand Arcade and New Wigan Life Centre are close by. There is a wealth of complementary shops, business and amenities nearby. The business enjoys a high daily footfall and much passing trade. The town's railway and bus stations are both within easy walking distance. The premises are easily accessed via the A-road network and the M6 and M61 motorways are just a short drive away. Wigan is popular with commuters due to its excellent road and rail links to all major north conurbations.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon: 11:30am to 3:00pm
Tues - Fri: 11:30am to 9:00pm
Sat: 10:00am to 9:00pm
Sun: 12:00pm to 7:00pm





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