Business FOR SALE-Red Peppercorn, Moor Lane, Lancaster, LA1 1QD

Business FOR SALE-Red Peppercorn, Moor Lane, Lancaster, LA1 1QD

£50,000
  • Ref: 9487050
  • Availability: Under Offer

Property Summary

FOR SALE-A busy, fully licensed, international, fusion fine dining restaurant situated in Lancaster city centre is now available for sale. With high quality fixtures and fittings, a stylish and superbly fitted 30 covers within a charming, character property. The current owners have built up a highly recommended reputation and regular customer base providing a healthy annual turnover.

Property Features

  • Busy City Centre Location
  • Healthy Annual Turnover
  • High Quality Fixtures and Fittings
  • 30 Covers
  • Huge Development Potential
  • Stylish Interior with 30 Covers
  • Character Property
  • Leasehold-Rent £9,600pa
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Location
Situated in the heart of Lancaster City Centre on a busy central walk way to St Nics arcade and main retail area. En route from the city centre to the Dukes Theatre, car parks and popular residential area generating a year round footfall of passing trade along with a regular clientele of diners. Lancaster is a historic city with 2 Universities, The Royal Lancaster Infirmary and highly recommended Grammer Schools all bringing visitors to the area. Lancaster has excellent access from both junction 33 and 34 of the M6 and west coast main line rail links.

Description
The Business has been built up over a number of years and now offers a varied and forever changing menu of classic and contemporary
a a carte Asian, African, South American and European cuisine, including halal chicken, beef and lamb options with a selection of sharing dishes and vegetarian options available. On offer a wide range of wines and cocktails to compliment the dish. Currently open a few short evenings per week gives potential for the new owners to develop and increase turnover.

Fixtures and Fittings
With a stylish interior and high quality fixtures and fittings to be included in the sale price

Ground Floor
This restaurant is presented with quality and style. The interior design is simple yet effective with suspended ceilings, inset lighting, polished timber flooring and feature tiling. 30 covers of stylish furnishings with an enjoyable, relaxed atmosphere. There is a fully equipped bar and comfortable seating area for after dinner coffee and drinks.

Upstairs
A large spacious preparation area equipped with kitchen appliances and utensils. Easy to clean stainless steel counters and splashbacks, non slip industrial flooring, easy access shelving including griddle and hob, deep fat fryer, microwave fridge,freezer and dishwasher. There is a large room of the main kitchen currently used to store ingredients and products for cooking.

Lease
A new lease, term to be agreed at a rental of £9,600pa

EPC
D Rating

Legal Costs
Each party to be responsible for their own legal costs

VAT
TBC

Viewing
Strictly by appointment with SOLE AGENT
Fisher Wrathall Commercial
Please call 01524 69922 to arrange