Restaurant For Sale

Business description

Comments:
A brand new business where quality is the name of the game throughout from the magnificent ornamental arches that border the large terrace to the table accessories. Occupying a magnificent front line position inmuch sought after British resort, this is arguably one of the finest businesses we have ever listed. Cannot fail to make good money here.

Current Operation:
This large restaurant, with its spectacular and beautiful terrace, has recently undergone a complete refurbishment to the extent that everything is new, from kitchen appliances to table decorations. The main activity of the business is serving drinks and Italian/Spanish style dishes to tourists and residents alike in this very popular resort. The restaurant is divided into two sections, the being more of a traditional restaurant, where as the front part, especially during the day, has a more cafeteria-like service. Entrance is via a couple of steps and through a magnificent ornamental stone arch, which leads onto the terrace that is capable of seating some 200 people on new cane and wicker furniture shaded by yellow parasols. Stepping into the restaurant, one is immediately struck by the quality of the decor, with granite and marble used extensively on pillars and counters, ceramic tiles creating a mosaic on the walls, unusual and eye-catching lighting overhead and sophisticated wooden furniture. The restaurant can seat 80 people inside with possibly a further 16 on a small rear terrace. The state of the art kitchen is any chef’s dream! All appliances are new and stainless steel and of professional quality. The main equipment consists of a fan oven, toasting machine, a meat slicer, 2 microwaves, a crockery hot cupboard, 2 large fryers, a 4-burner stove and oven, a solid top stove, a griddle, a bain marie, a 3 door and a 4 door fridge, and a full extraction system. A small storeroom at the side of the kitchen includes 2 freezers and another fridge. A further storeroom has 2 chest freezers inside. Downstairs from the kitchen is a very large storage area, which houses a walk in fridge, and a water filtration and purifying tank capable of holding 6,000 litres of water. Also downstairs there is a room, which can be used as a office, with a desk, chair, and shelving units, and a separate staff toilet and two shower rooms. Parking for 4 cars is available underground, accessed by a private car lift from the ground level. On the small rear terrace there is a brick built barbeque and a similarly built pizza oven. The three public washrooms (one for disabled) have marble surfaces with contrasting ceramic tiles and ornamental mirrors. Behind the bar there is a food preparation area with a double pizza oven, a chilled food dispenser, marble worktop, a toasting machine, a juicer, sink units, a soft ice cream dispenser, a partitioned ice cream fridge, two chilled food counters, two coffee machines (one computerised) and grinder, an ice maker using the purified water from downstairs, a computerised cash register linking the restaurant to the kitchen, and a good quality separates hi-fi system with noise limiter. There are also two plasma screen televisions, which are set into the wall in the restaurant for the entertainment of clients.

Notes:
Businesses of this size and quality come onto the market rarely, with its front line position and its outstanding features this business has to be one of the best ever on our books. It is truly magnificent in every way.

Premises Dimensions:
Inside: 350 Sq. metres
Outside: 400 Sq. metres

Finance:
Certainly a serious investment initially, but in return new owners would get a substantial business with state of the art equipment, in a prime location. The new equipment alone is worth around 30,000 pounds sterling.

Rent:
£5,700 per month

Asking Price:
€796500

Property information

Real Estate:

Lease

Location:

The premises are located on the front line in one of the most popular up market resorts for the British on the island, with its fine sandy beach and international marina. Surrounded by hotels and apartments and good quality shops, this business commands one of the best sites, not just in the resort, but on the island as a whole.