Braseria El Prado, High Street, Laleston, Bridgend, Bridgend County Borough, CF32 0LD Property Ref: 22628

£950,000
Property Ref: 22628

Watts & Morgan are pleased to offer For Sale Braseria El Prado, long established and hugely successful Restaurant business being made available fully fitted out and as a going concern due to retirement. It is envisaged that the property and business will be sold as a transfer of an asset as a going concern (TOGC). Consideration will also be given to a sale of the business and a letting of the property. Details on application.

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    Watts & Morgan are pleased to offer For Sale Braseria El Prado, long established and hugely successful Restaurant business being made available fully fitted out and as a going concern due to retirement. It is envisaged that the property and business will be sold as a transfer of an asset as a going concern (TOGC). Consideration will also be given to a sale of the business and a letting of the property. Details on application.

    LOCATION
    The property is situated in a prominent and convenient location fronting High Street the main vehicular thoroughfare running through the popular village of Laleston, Nr. Bridgend. The property is well located to draw on a large catchment population lying roughly mid-way between the towns of Bridgend and Porthcawl both lying within approximately 4 miles.

    DESCRIPTION
    The property briefly comprises of an immaculately presented 2 storey property of charm and character that provides for an L-shaped Restaurant on ground floor together with first floor ancillary space/living accommodation, as required.

    The ground floor Restaurant is fully air conditioned and fitted out in a Brasserie style with key features including attractive "wrap around" bar and food display cabinets and open plan kitchen that is well configured to serve the 102 covers.

    ACCOMMODATION
    GROUND FLOOR
    Restaurant & Bar
    Open Plan Kitchen
    Prep/Storage & Cellar

    FIRST FLOOR
    Ladies & Gents WC's
    Office/Anc/Living Accommodation

    EXTERNAL
    The property has the benefit of a large tarmacadam surfaced car park

    TERMS
    This highly successful and regionally renowned restaurant business has been trading since 1994 and the Brasserie style of dining where customers choose for themselves fresh meat and fish options from the display cabinets is as popular now as it was on opening.

    The business trading is profitable and accounts can be made available to seriously interested parties.

    The business is For Sale as a going concern and will include the freehold premises, fixtures and fittings, fit-out and business goodwill. It is envisaged that the business will be sold as a transfer of an asset as a Going Concern (TOGC).

    £950,000 Plus stock at valuation.

    OTHER
    Leasehold Options;

    Consideration will be given to a sale of the business and a letting of the property with an Option to Buy.

    VIEWING
    Strictly by appointment only through
    Sole marketing agents:
    Merrs Watts and Morgan
    Tel: (01656) 644288
    Email: [email protected]
    Please ask for Dyfed Miles or Kate Harris

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