- Business ID: 3152
- Price: £99,950 +SAV
- Annual Turnover: £442,000
- Business Category: Bars & Restaurants
- Location: Derbyshire
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: Awaiting Cert
An exciting opportunity to acquire a beautifully presented and well-established restaurant located in Bakewell, one of the Peak District’s most desirable and affluent market towns. This highly attractive business has built an excellent reputation for quality dining and offers an intimate and stylish setting that is ideally suited to destination dining, private events and special occasions.
The restaurant accommodates approximately 66 diners and has recently undergone an extensive refurbishment, with our client investing in excess of £200,000 into the premises. The quality of the fit out and overall presentation provides an incoming purchaser with a genuine turnkey opportunity, with substantial capital expenditure already complete.
The business is currently operated on a limited trading basis, generating average weekly sales of circa £8,500. In our opinion, this demonstrates both the strength of the offering and the obvious scope available to a new owner to further increase turnover by extending opening hours, broadening the trading pattern and developing private dining or event-based revenue streams.
This is a rare opportunity to acquire a quality hospitality business in an outstanding location, with the sale being brought to market solely due to our client’s family commitments.
The business is offered for sale at £99,950 plus Stock at Valuation, by way of an asset sale. Given the significant investment into the refurbishment and the standard of the premises, we believe the asking price represents excellent value for money.
This opportunity would suit a hands-on owner-operator, hospitality couple or experienced restaurateur looking to acquire an attractive venue with strong foundations and clear potential for growth.
- Prime location within a highly desirable Peak District market town
- Elegant restaurant catering for approximately 66 covers
- Extensive refurbishment with expenditure in excess of £200,000
- Average weekly sales circa £8,500 from limited trading hours
- Significant scope to increase turnover and profitability
- Offered at £99,950 + SAV by asset sale
- Genuine reason for sale due to family commitments
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