Business for Sale in PENARTH, VALE OF GLAMORGAN - STUNNING: HIGH QUALITY, HIGH SALES UNIQUE WATERFRONT RESTAURANT/COFFEE SHOP, PENARTH - Leasehold: £369,950 (Offers Accepted)

Key Information

Ref
R33805J
Type
Catering Businesses: Restaurants
Location
Wales: South Glamorgan
Tenure
Leasehold
Status
For Sale
Annual Sales
£400,000 Ex Vat
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EM&F are absolutely delighted to offer for sale the wonderful, rarely available and indeed unique Fig Tree Restaurant, set in a beautifully restored Victorian beach shelter & directly upon the waterfront in sought after & affluent Penarth in the picturesque Vale of Glamorgan.

Whether you sit in the Restaurant, on the Veranda or the Roof Terrace you can look out across the Bristol Channel to Somerset, Flat Holm and Steep Holm and soak in the glorious views on offer!

With 80+ covers, offering quality restaurant dining/menus as well as coffee shop facilities, sandwich/takeaway offerings and the superb & recently established cinema under the stars (upon the roof terrace) this highly recommended package could not get any better, and indeed is known locally as one of the jewels on the South Wales Coastline!

With strong sales of over £400,000 p.a, easily run and with a superb 125 year lease in place from 2009 with rent payable of just £20,000 p.a then this opportunity just keeps getting more appealing.

Whilst the business already enjoys strong sales levels, undoubtedly there is further scope for extending hours and days trading, and this with possible new lines also being introduced could yet further increase the overall income & profits achieved.

It is fair to say that rarely does such a beautiful, unique and indeed absolutely prime located, high quality opportunity come to market in Penarth and therefore this proposition is most highly recommended by us for earliest consideration & viewing.

EPC Rating: tbc

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