Newbridge Restaurant For Sale

Business description

Asking Price: €350,000

• Fantastic French/Italian Restaurant For Sale
• Well Established Local and Loyal Customer Base
• High Levels of Turnover and Profitability
• Huge potential to Expand on Existing Opening Hours
• Prominent Location In Busy Town Centre
• Viewing Highly Recommended

Enjoying all the considerable commercial advantages of its prime and much sought-after trading position among numerous other complementary outlets on the busy main High Street of the prosperous and well populated satellite market town of Newbridge, and only 45 minutes from Dublin City Centre, this thriving concern has rapidly earned itself a valuable reputation with visitors and locals alike for its quality of food, ambience and friendly service since being established some five years ago by the current proprietor.

Operating from superbly fitted and presented terraced parade premises of real charm and character, this business currently primarily serves a full and varied menu of classic a la carte French/Italian restaurant cuisine, vegetarian dishes and daily specials prepared freshly to order in its extensively equipped catering facilities, and served in the very pleasant surroundings of a tastefully furnished and appointed in-house dining area which may accommodate a massive 70 covers in style and comfort.

We strongly recommend the earliest possible viewing of this commercial proposition of exceptional quality and uncommon further development potential which comes onto the market for very genuine personal reasons, and one which has consequently been very competitively priced indeed to ensure a quick sale.

Financial Information
Asking Price €350,000
Turn over €420,000 Per Year
G.P €65%

Lease
The premises are being offered with the benefit of a long secure 24-year lease with approximately 20 years of the current term remaining and reviews every 5 years.

Rent
The current rent stands at €2,350 Per Month

Business Rates
We are advised that the Business Rates currently stand at approximately €3,500 per annum.

Trading Hours
Monday Closed
Tuesday - Saturday 12pm - 10pm
Sunday 12 pm - 9pm

PROPERTY DESCRIPTION
The business operates from substantial and extremely well maintained PARADE PREMISES which
occupy an outstanding and much sought-after trading position among other complementary outlets on the busy main central High Street of Monasterevin and is arranged as follows:
Ground Floor
Superbly fitted throughout, with beautiful bamboo wall covering and bright decorative lighting and table covers, the BUSINESS ACCOMMODATION briefly comprises a single-fronted entrance into the main, tastefully furnished and appointed open-planned customer service and dining area for up to 40 covers (55 m.sq) with feature open staircase access to a mezzanine level (25 m.sq) which may comfortably further accommodate up to 25 covers.

The main customer service and dining area, in turn, affords easy access through to a fully fitted and extensively equipped working kitchen (20 m.sq) with extraction system and storage shelving, housing ample work surfaces, storage units, a fully equipped washing-up kitchen area with sink unit and separate fitted wash basin, and a full range
of high quality catering appliances.

There are in addition 3 toilets that are found on the premises 2 x ladies/gents and 1 x staff toilet.

The property also enjoys the benefit of electric storage heating and double glazed windows and the use of a store room found to the rear of the mezzanine.

Externally
The front the premises are well signed and attractively presented and afford ample and inviting display window space onto the busy High Street with unrestricted customer parking available locally.
The premises also enjoy the use of a store room found to the rear of the mezzanine.

Fixtures and Fittings
The business is well fitted throughout and a valuable inventory of catering and ancillary equipment is to be included in th

Property information

Real Estate:

Real Property Included