For Sale

Restaurant, Hillsborough Area, Hillsborough, Down, BT26 6PB

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Restaurant

Location of Restaurant

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description

Information on the Sale:

Age                                   

Business has been operational for twenty two years by its current owners

Location

The restaurant is located approximately half a mile from Hillsborough Castle and village centre.

Lease Expiry                   

Open lease with 15 year extension.

Rent                                   

£92 per week.  Includes car parking spaces within complex.  Excludes rates.

Rates

£5200 per annum

Capacity/Sqft                 

The restaurant can seat 80 as it stands though has potential to increase this number.   The bar area can seat 30.  There is also the potential of staff accommodation towards the back of the premises subject to the relevant permissions.

Car Parking

There is approximately 40 - 50 car parking spaces available.  There is also space for a herb garden to the rear of the property which was historically in place.

License 

The restaurant currently has a late drinks license.

Included within sale   

All fixtures and fittings within the unit including kitchen, bar fixtures, etc.  Full list of assets can be supplied to serious interested parties.

Reason for sale             

It is with a heavy heart the owners have made this decision.  The sale is due to retirement and health reasons.  Over the last few years the owners have shortened the hours of work and have stressed there is superb potential to increase the turnover of the business.

Accounts                         

can be supplied to serious interested parties.  

 

Property Costs

  • Status: For Sale
  • From£50,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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