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For Sale
North Yorkshire


STUNNING 250 COVER FREEHOLD RESTAURANT PROPERTY in North Yorkshire for Sale. An outstanding and well-known freehold restaurant property and business, located in a highly desirable and affluent town in Yorkshire. Surrounded by the town’s many luxury hotels and guest houses, this is the most enviable restaurant location in this historic town. Theatre goers, tourists and visitors guarantee a huge amount of footfall to the restaurant and bar all year around. Highly prominent, detached, stone built building accommodating one of the area’s best known and highest grossing restaurants. This is a unique and highly attractive venue with exceptional, luxuriously appointed restaurant and bar areas accommodating up to 250 customers, and back of house areas furbished and equipped to a very high standard. This truly is one of the finest restaurant properties that has come to the open market in recent times. A superb property investment with the addition of a highly regarded and very profitable business. THE PROPERTY - Reception leading through to cocktail bar and lounge area. Main restaurant dining area. Outside terrace balcony for alfresco dining. Further dining room, perfect for private parties. Catering kitchen with an abundance of hi-tech commercial equipment. Disabled person compliant WC. First Floor, magnificent staircase leading to first floor restaurant dining area, doubling up as a private function suite with its own cocktail bar. Ladies and gents toilets. Staff rest room. Two storage rooms. Utility / mechanical room. Second Floor, two store rooms, three offices and a full bathroom. Externally there is a further outside dining / entertaining area, additional covered storage area including a bar. Car parking to both front and rear of the property. THE BUSINESS - Trading as an Italian restaurant, bar and grill for many years but taken to a whole new level of quality and revenue by the current owners 10 years ago. One of the most popular venues in the area for champagne and cocktail parties, as well as being highly regarded for quality Italian cuisine, the restaurant boasts average weekly turnover of circa £43,000 and gross profit margins of 66% dry sales and 61% wet sales. Dry to wet sales split of 62% dry and 38% wet. Detailed financial information will be made available to seriously interested parties who can demonstrate the ability to make an acquisition at this level.






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