Spanish Tapas Restaurant and Bar in Shropshire

Bridgnorth, Shropshire
REF: R07683

Asking Price:
£40,000
Annual Turnover:
£130,000
Annual Net Profit:
£26,000
REF: R07683

Overview

Tenure:
Leasehold
Established:
2010
  • Excellent reputation and loyal customer base
  • Huge growth opportunity
  • Spacious, well- equipped premises with low overheads and equipment included
  • Events hosted
  • Locally sourced produce and strong supplier relationships

An exciting opportunity has emerged to purchase a Spanish tapas restaurant and bar in the scenic English town of Bridgnorth, Shropshire.

Established for a decade and under current ownership for 5 years, the business has built up a strong reputation in the local community and accumulated multiple awards. With a prime location in the centre of the market town, the restaurant benefits from hosting both local residents and visitors.

The business has ample space for 40 covers in a cosy property with plenty of historical charm and character. It also boasts a 5* hygiene rating and an alcohol licence, making it a top destination for drinks as well as meals.

The restaurant’s menu features an extensive list of favourite tapas dishes, including calamari, chorizo, jambon, patatas bravas and the occasional delicious seafood paella, whilst the well-stocked bar fulfils all of its clients’ tastes.

Over the years they have received a number of enviable awards and nominations, including; 2017 Best Mediterranean Restaurant Food Awards England (Nominee), 2018 Best Midlands Restaurant (Winner), 2018 Best Mediterranean Restaurant in England (Winner), 2019 Best Mediterranean Restaurant in the Midlands (Winner) and the TripAdvisor Five Years of Excellence Award. They also have an impressive 4.9-star rating on Facebook.

Situated in the picturesque market town of Bridgnorth, Casa Ruiz has an excellent central position on the high street that is just steps away from the River Severn. Customers access the restaurant by heading upstairs to the first floor of the building, where they are immediately met with the bar in front of them. In front of the bar is a dining area with 16 covers, but customers can continue round to the right of the bar to find another dining area which contains 24 covers. To the left of the bar there is access to the WC facilities, kitchen, and pantry.

The premises ooze historical charm, with a rustic, dark wood interior featuring stripped flooring and exposed beams on the ceilings. The restaurant is adorned with décor to complement the Spanish theme, such as football memorabilia, framed photographs, flowers, mirrors, flags, and vintage posters.

A transitional period is available to ensure a smooth handover of business operations.

This is a fabulous opportunity to purchase a well-established gem of a restaurant and bar that is truly beloved by the local community. It would be especially ideal for a Spanish family living in Bridgnorth who would relish the chance to cook authentic Spanish cuisine for residents and tourists in a friendly environment.

The business has experienced significant success over the years but could be developed further. For instance, the restaurant has a Facebook page with a following of more than 1,700 which provides a great platform for a social media advertising campaign. The restaurant could consider expanding its calendar themed events to encourage additional attendance, or renting the space to private parties with packages of food and/or drink. Extending the business’s opening hours may encourage a greater turnover, and offering a takeaway and/or delivery option would be popular with many clients.

Loading...
  • Market town location
  • High street location
  • Nearby car parking
  • No local competition
Rent
£18,000
Rates
TBC
Lease Term
10 years
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
F 126-150

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

Refine

Miles
£
£
£
£