Award-winning French Eatery in Nottinghamshire

Southwell, Nottingham
REF: 05442

Asking Price:
£85,000
Annual Turnover:
£92,000
Annual Net Profit:
£23,339
REF: 05442

Overview

Tenure:
Leasehold
Established:
TBC
  • Authentic French menu
  • Well-fitted premises
  • High footfall location
  • Accommodation included
  • 5* Hygiene rating

This is a brilliant opportunity to acquire an established patisserie and bistro, which has a solid reputation for offering delicious food and drink to the local inhabitants of Southwell, Nottinghamshire, where it resides.

With an appetising and popular menu, this business offers tasty French cuisine options and has gained a large and loyal customer base since its inception in 1970.

Trading seven days a week, from 8am-4pm, the business has amassed a stellar reputation for its timely, reliable and friendly customer service.

A new owner is presented a truly lucrative platform which has set strong foundations, has moderately low overheads and presents huge scope for further development. Perfect for a wine bar set up due to the businesses excellent location and spacious property. They have also just just won the great taste award for 2019.

Trading from a recently renovated, two-storey premises customers enter into the main restaurant with seating for up to 28 covers. There is a small bar area to the rear which leads to a large, well-equipped kitchen and storage/preparation room. This floor also boasts a toilet facility.

A staircase rises to the first floor, featuring a small storage room and a self-contained three-bedroom flat with shared kitchen and bathroom. It currently generates a rental income in the region £9,000 P/A.

With exposed brickwork and beams, the business boasts immaculate decor with high-end fixtures and fittings, all of which are included in the sale.

Trading consistently all year round, the business has grown mostly through word of mouth and recommendations with little marketing efforts. Such an eatery provides a superb platform for a first-time buyer or an experienced owner-operator/caterer looking to acquire a business in this prominent location.

There exist a number of opportunities for growth. Growing the menu and extending opening hours into the evenings would be highly beneficial and would allow the business to cater and attract more customers.

Introducing a takeaway, home delivery and an external catering service would also be an effective way of growing further the customer base.

With no current online presence, establishing an online website which showcases the menu and embracing social media would allow the business to boost its exposure. Listing on sites like TripAdvisor, HungryHouse and JustEat would also be advantageous.

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  • Residential area
  • Affluent location
  • Close to town centre
  • High level of footfall
  • Close to local businesses
Rent
£15,000
Rates
£2,593
Lease Term
brand new 10 years lease
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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