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South Dublin/Wicklow Coastal Town Established Restaurant Business For Sale
#1080
Food, Beverages & Hospitality

South Dublin/Wicklow Coastal Town Established Restaurant Business For Sale
County Dublin, Cork Great

€425,000

1.2Million Turnover Fully Licensed Restaurant Business For Sale

We at Dealchasers are very excited to bring this wonderful Gem to the Market, just metres from the Seafront, the business with a very smart and inviting appearance enjoys great footfall both from visitors and many returning local customers.
This well-established and impeccably finished business enjoys super street presence from its strategic location with hordes of passing trade. A high-end 80-seater spacious restaurant that has stood the test of time operating successfully for over 15 years. This wonderful eatery also boasts an additional 24/28 alfresco seats on the sun-drenched terrace.
With tasteful tones running throughout the premises of over 140m2 currently operates a Mediterranean style menu with natural gas and 3 phase electricity to hand. However, this unit could easily adapt to many different types of cuisine.
The fully licensed and food compliant restaurant serves from lunch to late evening with many reservations on their books.
Lease Terms Sale by way of Lease Assignment 15 Years of 30 Year Lease (Renewable)
Rent 85,000 Euro/Annually (which includes a separate upstairs office space generating income of 27,000 Euro/Annually
Rates 12,500 Euro/Annually

Jason Condron

Tel:
Email: [email protected]

Business Details

Details

Property Subtype: Restaurant

Environment

Expansion Potential: Superb Morning Potential
Competition: Other Restaurants In Town
Location description: Busy Seafront Town
Premises Details: 140m2 Fully Equipped
Planning Consent: Restaurant/Full Bar License

Operation

Years Established: 15
Employees: 16
Trading Hours: Unrestricted
Support & Training: Handover Period

Assets

Property Status: Lease
Inventory/Stock: Yes
Value of Furniture Fixtures or Fittings: €100,000
Value of Inventory/Stock: 12000

Terms

Lease Terms: 85,000 Year - Year 15/30 Renewable
Furniture,Fixtures & Fittings: Yes
Reason For Selling: Other International Interests

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