Leasehold Mediterranean Restaurant Located In Ashby-De-La-Zouch

Leasehold Mediterranean Restaurant Located In Ashby-De-La-Zouch
Accommodation Above
Town Centre Location
Ref 3046

Asking Price £49,950

Location
This respected Mediterranean Restaurant is located in Ashby-de-la-Zouch. A bustling historic market town renowned for its tourism, and set in the heart of the National Forest. There are great transport links including access to the A42, leading to the M1 and also the M42 Motorway being just a few minutes drive away. East Midlands Airport is also a short distance away.
Business Description
Veritas Business Sales offer to the market this delightful Mediterranean Restaurant which is located in the market town of Ashby-de-la-Zouch. The premises has been a restaurant for over 30 years and has been in the careful hands of the current owner since September 2023. They are now offering the business for sale to relocate overseas.
Since ownership they have redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The restaurant is owner operated and comes with no staffing liabilities. They serve rustic Spanish & Mediterranean dishes which can be accompanied with fine wines and enjoy a weekly turnover of £4,000-£4,500 trading on short operating hours.
We believe that there is potential to increase turnover by extending the opening times and offering Sunday lunches. They have great reviews with 5.0 rating on Tripadvisor & 4.9 rating on Google and have built a strong reputation within the local community and beyond and as such have a high level of regular and repeat trade. This is a superb opportunity to purchase a restaurant where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Wednesday – Saturday – 17:00 – 21:00
Sunday – Tuesday – closed

Leasehold
Term: 5 years
Remaining: 4 years
Rent: £20,500 pa
Reviewed:
Business rates: £595 pa

Ground Floor
Entrance door leading to a small w.
Open plan restaurant and bar comprising: bar area with counter, undercounter drinks (Interlevin), stainless steel sink, undercounter drinks fridge (Autonumis), shelving for wine/spirts display and glass storage, seating area for pre-dinner drinks, door leading down to the cellar, door leading to the first floor, restaurant area with tables & chairs to cover (29), cutlery cabinet, napkin cabinet, gas metre cupboard and fire exit.
Commercial kitchen comprising: gas combi oven (Rational), gas deep fat fryer (Lincat), 6 burner range (Falcon), extraction canopy, 2 x stainless steel tables, 2 x small single basket deep fat fryers, wall mounted knife rack, utensils rack, blender (Ninja), stainless steel upright fridge, stainless steel worktop with hot cupboard and heated pass, stainless steel sink, dishwasher (Halcyon), glass washer (Concept), stainless steel double sink, stainless steel table with 2 x shelves above, microwave (Panasonic), metal storage unit, insect zapper, combination boiler (Ideal), stainless steel storage unit and walk-in cold room.
Gents W/C with wash basin.
Ladies W/C with wash basin, 2 x mirrors and wall mounted paper towel dispenser.
Dry stores with chest freezer and stainless steel sink.
The premises benefits from gas fired central heating and an intruder alarm

Cellar
Below ground, one cellar room with CCTV monitor (5 camera system).

First Floor
Bedroom
Kitchen with 3 x small chest freezers, washing machine (Zanussi), stainless steel sink drainer, base unit and storage unit.
Storeroom with 3 x storage units and upright freezer (AAEG).
Bathroom with shower cubicle with electric shower (Aquatronic), W/C, wash basin and wall mounted mirror.
This can be used as two bedroom accommodation
EPC Rating D