Highly Reputable Seafood Restaurant in Portishead

Bristol, Somerset
REF: INT2143

Asking Price:
£725,000
Annual Turnover:
£514,683
Annual Net Profit:
£234,984
REF: INT2143
Photo of Highly Reputable Seafood Restaurant in Portishead
Photo of Highly Reputable Seafood Restaurant in Portishead
Photo of Highly Reputable Seafood Restaurant in Portishead
Photo of Highly Reputable Seafood Restaurant in Portishead

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Well Equipped Business
  • Spacious Premises

This seafood restaurant has a stellar reputation for not only the food it serves but also the friendly staff. Situated in an unbeatable location, this business promises to be in high demand and a quick sale is likely. Due to its central location, it enjoys high levels of passing trade, especially in the peak summer season.

Serving both dine-in and take-out options, there’s something to suit everyone. It has a very loyal fan base and customers say “Searock just rocks!” and “5* Fish and Chips”. This reputation is evident from its fantastic rating on Google Reviews where it achieves 4.6/5 stars.

This restaurant is based in the heart of Portishead, overlooking the harbour. Being situated within half a mile of 30,000 residents means it really is a favourite amongst locals. The harbour is a popular place for locals and tourists alike to visit in good weather, so the restaurant sees extremely high trade at these times. With a capacity for 60 covers inside and 18 outside, there’s plenty of room for the restaurant to be enjoyed. They also offer takeaway facilities.

Businesses like this rarely come to market

The owner has agreed to a transition period to ensure optimum business for a new owner. The building is on a long-term lease which renews in 2039.

This is an extremely exciting opportunity. Ideally, a new owner would be somebody who wants to be an owner-operator and has experience in the restaurant or seafood trade. Knowledge of the wider Bristol area would also be beneficial.

There is also exciting potential for growth, a new owner could look at increasing opening hours, as its current levels of trade operate on shorter Sunday and Monday hours, with longer hours, trade would naturally increase.

Features

Reputation

  • Google: 4.6

Online Presence

Website: www.searockrestaurant.co.uk

Location

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  • Residential Location
  • City Centre Location
  • High Street Location
  • High Footfall
  • Limited Competition

Property

Annual Rent
£33,800
Annual Rates
£14,500
Lease Term (Years)
20
Lease Expiry (Year)
2039
Accommodation Included
No
EPC Rating
TBC

Financial & More

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