* Freehold
* Commanding main road position
* Affluent catchment area
* High grossing restaurant and bar
* Recently refurbished to a very high standard
Stunning 250 cover freehold restaurant property in North Yorkshire for Sale.
An outstanding and well - known freehold restaurant property and business,
located in a highly desirable and affluent town in Yorkshire. Surrounded by
the town’s many luxury hotels and guest houses, this is the most enviable
restaurant location in this historic town. Theatre goers, tourists and
visitors guarantee a huge amount of footfall to the restaurant and bar all
year around.
Highly prominent, detached, stone built building accommodating one of the
area’s best known and highest grossing restaurants. This is a unique and
highly attractive venue with exceptional, luxuriously appointed restaurant and
bar areas accommodating up to 250 customers, and back of house areas furbished
and equipped to a very high standard. This truly is one of the finest
restaurant properties that has come to the open market in recent times. A
superb property investment with the addition of a highly regarded and very
profitable business.
The property - Reception leading through to cocktail bar and lounge area. Main
restaurant dining area. Outside terrace balcony for alfresco dining. Further
dining room, perfect for private parties. Catering kitchen with an abundance
of hi - tech commercial equipment. Disabled person compliant WC.
First Floor, magnificent staircase leading to first floor restaurant dining
area, doubling up as a private function suite with its own cocktail bar.
Ladies and gents toilets. Staff rest room. Two storage rooms. Utility /
mechanical room.
Second Floor, two store rooms, three offices and a full bathroom.
Externally there is a further outside dining / entertaining area, additional
covered storage area including a bar. Car parking to both front and rear of
the property.
The business - Trading as an Italian restaurant, bar and grill for many years
but taken to a whole new level of quality and revenue by the current owners 10
years ago. One of the most popular venues in the area for champagne and
cocktail parties, as well as being highly regarded for quality Italian
cuisine, the restaurant boasts average weekly turnover of circa £43, 000 and
gross profit margins of 66% dry sales and 61% wet sales. Dry to wet sales
split of 62% dry and 38% wet.
Detailed financial information will be made available to seriously interested
parties who can demonstrate the ability to make an acquisition at this level.
EPC Band B.

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