2 Bed Restaurant For Sale

LOCATION

7 Devonshire Street is situated centrally on the recently redeveloped street, in a popular daytime and evening area that provides a variety of local bar and restaurant operators;



DESCRIPTION

The property comprises a three storey mid terraced building. The property is home to the popular local business, Le Gall, which was established in 1996 from this premises, operating from the basement, ground and first floors.



The second floor is a self-contained residential flat, lived in by the owner, encompassing a master bedroom, guest bedroom (including en-suite), living room and kitchen areas, all finished to a high standard.



Sale Price

Offers in the region of £650,000 are invited for the sale of the freehold property and business (includes stock, fixtures & fittings, trade name and goodwill).



VAT

We understand VAT is not payable on the purchase price.



The Business - Le Gall

Le Gall is a café, restaurant and wine bar which has been operating from 7 Devonshire Street since 1996, when the building was acquired, by the current owner, who is looking to sell due to retirement.

At present, the business opens on weekends and for private events, and boasts positive turnover figures and net profits, for the limited operational times it has currently. Full information is available from the agent.

In light of this, there is huge potential to grow on the current levels of regular and new custom, goodwill, and other opportunities the business possesses by increasing opening days in the week.

The property has recently been fully renovated and is ready for a new owner to take over and continue trading immediately. Viewing is highly recommended to appreciate the opportunity being brought to the market for the first time in nearly 30 years.