Award Winning Restaurant in Stoke-On-Trent

£60,000.00

Summary:

– Spanish Tapas Restaurant and Licenced Bar
– Situated on a busy high street
– Award-winning
– Includes all fixtures, fittings and stock
– Business rates free
– 5* reviews on multiple platforms
– Fully functional website used for online orders
– Affordable rent
– Huge growth potential

 

Contact us for more details, or book a viewing.

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.  


    Description

    Business Description:

     Silk Letting Ltd is delighted to welcome to the market a contemporary Spanish Tapas Restaurant and licenced bar in the heart of Cheadle, Stoke-on-Trent. This award-winning family-run business is situated on a busy high street in Cheadle surrounded by local shops and businesses. It is fully fitted to a high standard. The business has been established for 6 years and is highly reputable rated with 5*reviews on many online platforms such as Facebook, Google and Trip Advisor – the business has over 450 Excellent reviews on Trip advisor alone!  

     This family-run business prides itself on offering quality, home-made food including:

    – Spanish Tapas (Meat, fish, Veggie, Vegan and Gluten-free options)
    – Modern Kid’s menu
    – Chef’s specials
    – Chef’s combo meals
    – Desserts

     

    They also have an alcohol licence and offer: 

    – Cocktails
    – Homemade sangria
    – Top shelf spirits
    – Wine
    – Lager
    – Soft drinks (sodas, fresh juices etc) 

     The business has a new fully functional website and is used for online orders offering a local delivery service and local free collection. The business has an outstanding reputation on online platforms with over 7000 followers on its Facebook page. 

     

    Awards: 

    Regional winners for Good Food Award 2019
    Regional winners for Good Food Award 2020
    Regional winners for Good Food Award 2021
    Trip Advisor Travellers Choice Award 2021

     

    Premises:

    The shop is well designed and well-presented from the outside with attractive signage and lighting holding the business name. The premises of the business consist of a dining area, clean equipped kitchen, The stunning wooden bar makes the restaurant look even more attractive, it is decorated with bright colours giving the restaurant a lively and vibrant vibe but its cosy seating area also means it is intimate and romantic. This business is fully equipped with everything needed to run a restaurant to its full potential. The Restaurant consists of 3 floors.

     

     Fixtures, Fittings and Stock:

     – 1 x six burner oven
    – 2 x 900 watt microwave
    – 1 x double electric fryer
    – 2 x toaster ovens
    – 1 x convection mini oven
    – 3 x steel benches
    – 8 x single door fridges
    – 1 x drop freezer
    – 1 x double door fridge freezer
    – 2 x small drop freezers
    – 20 x frying pans
    – 6 x assorted saucepans 5 10 15 litre
    – 2 x vac household PAC machines
    – 1 x waiters station
    – 1 x coffee machine
    – 1 x epso till
    – 1 x epso printer
    – 3 x telephones
    – 16 x tables + Chairs 4s
    – Selection of tapas bowls
    – Selection of plates
     – 6 x afternoon tea stands 

     

     Location:

     Situated in the centre of Cheadle on the A521 the restaurant is based on a busy high street. The business is surrounded by local amenities and residential homes resulting in them benefiting from a high footfall trade.

     Local amenities include:

    – Beauty Salons
    – Estate Agents/Mortgage Advisors
    – Taxi Office
    – Hotels/Bars

     There are many local car parks and transport links within a short walking distance. 

     

     Staff Members:

    The restaurant currently employs 4 members of staff including the owners.

     

    Tenure and Financial Profile:

    The property is Leasehold. There are currently 9 years left on the current lease.

    Annual Rent: £7800 

    Monthly: £650

     

    Business Rates:

    The business benefits from a small business rates relief meaning it is exempt from paying any business rates.

      

    Reason for sale: 

    The owner is selling the business due to personal reasons and other business commitments.

     

    Growth Potential:

     Could potentially promote social media pages like Instagram with incentives/ competitions for customers to boost social media following and encourage more customers to order online or visit the restaurant. Potential to increase online orders by offering online sellers like Just Eat and Deliveroo.

     

     A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

     Contact Sharon at Silk Letting on 0161 507 9791 or admin@silkletting.co.uk to secure your viewing today!

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