Restaurant for sale

Leasehold Independent Tapas Restaurant & Takeaway Located in Beeston, Nottingham

Retirement

0121 721 6440

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Restaurant

0 bed

0 bath

Property description & features

Leasehold Tapas Restaurant & Takeaway
100 Cover Restaurant
Weekly Turnover £8,500
Licensed

Leasehold Independent Tapas Restaurant & Takeaway Located in Beeston, Nottingham
Ratings # Trip Advisor 4.5 / Facebook 4.7 / Google 4.6
Licensed
Ref 2894

Location
This delightful Tapas Restaurant & Takeaway is located in Chilwell, Beeston, Nottingham. Situated within a prominent and highly visible trading position on Chilwell Road. The area has a range of other independent retailers along with some large national retailers and is densely populated with residential properties. All of which bring high levels of footfall and passing trade to the area. Within walking distance there is a large development of student flats and over 55's retirement flats in development and are ready to open in September 2023. There is a tram stop outside the restaurant and ample free and paid car parking available nearby. Beeston is (3.4 miles) south west of Nottingham city centre and (4 miles) from Junction 25 of the M1. To its north east is the University of Nottingham's main campus, University Park.

Leasehold Asking Price: £84,950 plus SAV (£2,000)

Business Description
Veritas Business sales are privileged to offer to the market this fantastic casual dining World Tapas Restaurant which is located in Beeston, Nottingham. The premises were transformed into what you see today by the current owners back in 2016. They are now offering the business for sale due to relocating closer to home to be with his young family and to focus on other projects.
Since ownership they have refurbished, redecorated and installed new catering equipment along with exceptional quality fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for the new owner as additional will not funds will not need to be spent for some time. The ground floor offers seating capacity for over 100 covers. The Frustrated Chef is owner operated and employs 1 full time and 12 part time members of staff and has an average weekly turnover of £8,500. They serve both traditional and modern world tapas, with inspiration from the blend of traditional flavours and modern global cuisines. The passion and years of experience from their team of chefs can be easily tasted in their mouth watering flavours, and they provide the best possible dining experience in relaxed and comfortable surroundings.
We believe there is huge opportunity to increase revenue should you wish, by building on the recently added takeaway service by adding the delivery giants, Uber Eats, Deliveroo and Just Eat etc. Other opportunities are extending opening hours to lunchtime trade and opening Sundays There is also an opportunity to increase their social media marketing and by growing the business into a franchise model with the unique offering.
This is a superb opportunity to purchase a turnkey business where all the hard work has been done which is a great base to build upon and such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Sunday & Monday - closed
Tuesday - Thursday - 5:30pm - 10:00pm
Friday & Saturday - 12:00pm - 3:00pm - 5:30pm - 10:00pm

Leasehold
Term: 9 years
Remaining: ends July 2025 (can be extended)
Rent: £20,400 pa
Business Rates: TBC

Ground Floor
Restaurant comprising: 21 tables, 56 chairs, 3 highchairs, bespoke bar with hand pull draft beers, handwash basin, 2 x undercounter glass door wine fridges, undercounter glass drinks fridge, commercial coffee machine (Fracino), commercial coffee grinder (Ibertal), commercial dishwasher (Halcyon), ice machine (Scotsman), till with cash draw, music system with amplifier & speakers, and air conditioning units throughout.
W/C Male with handwash basin.
W/C Female with handwash basin.
W/C Unisex & Family with handwash basin.
Office with desk, chair, storage shelves, tall milk fridge and 2 x chest freezers.
Kitchen comprising: stainless steel shelving units, 2 x tall white fridges (Polar), tall stainless steel fridge (Atqsn), 3 x stainless steel benches with undercounter fridges (Polar), stainless steel undercounter fridge (Blizzard), 5 x freestanding stainless steel benches, 8 x twin deep fat fryers (Adexa), commercial 10 ring gas hob and double oven, commercial extractoion canopy, stainless steel commercial double sink, stainless steel handwash basin, commercial dishwasher (MaidAid), 2 x commercial microwaves, food warming gantry (Lincat), turbofan convection oven (Blue Seal), salad tubs, crockery, knives, forks etc, wall mounted insect zapper and gas boiler (Zip Aquapoint). Door leading to the yard and side street.
The property benefits from gas central heating and air-conditioning units

External
Rear external yard, bin area, storage shed and access to the side street.

EPC Rating F

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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