LICENSED ITALIAN & PORTUGUESE RESTAURANT WITH FAMILY HOME IN COLWYN BAY TOWN CENTRE

Colwyn Bay, Clwyd

Ref: 115990

Freehold £559,950 (Ltd Co sale)
Status For Sale

Key Features

  • TripAdvisor Top 5 rated
  • Consistently impressive levels of turnover on 6-day week
  • A fantastic position in popular year-round seaside resort
  • Superbly fitted 50-cover character parade premises
  • Long established reputation and regular local customer base
  • Lots of year-round passing trade benefits
  • Huge development potential
  • Extensive inventory of quality fixtures and fittings included
  • Adaptable to host of alternative culinary styles
  • Comes with stylish and spacious 4-bed/2-bath family accommodation
  • Wonderful lifestyle opportunity
  • Sensibly priced for genuine limited company sale after many years
  • Early viewing absolutely essential
  • AdvertText

    Fantastic opportunity to acquire TripAdvisor Top 5 rated discerning food lover's paradise offering fresh & varied authentic menu range on 6-day week from superbly fitted & presented 50-cover 5-star hygiene character parade premises with excellent year-round regular & passing trade in popular coastal resort centre. Comes with delightful & spacious 4-bed/2-bath self-contained family accommodation & HUGE scope for deliveries & extended hours etc or adaptable to host of alternative licensed dining & hospitality styles in wonderful lifestyle setting. Priced for very quick genuine sale after many successful years trading in same hands with extensive inventory of high-end fixtures & fittings included & early viewing strongly advised REF 2295

    Location

    The subject property occupies an outstanding and highly visible trading position among other complementary independent operators in the popular year-round seaside resort of Colwyn Bay, which lies on the A55 and A547 tourist routes to the nearby resorts of Abergele and Llandudno, on the delightful and ever-popular Irish Sea coast of North Wales.

    Business Description

    We are delighted to present this fantastic opportunity to acquire the valuable freehold rights to a thriving income producing home of exceptional quality and outstanding future possibilities, which we are confident you will agree represents genuine value.

    This long established and “TripAdvisor” Top 5 rated, family-run discerning food lover’s paradise currently primarily offers full and varied lunchtime and evening menus of classic a la carte Italian and Portuguese fusion cuisine including steak, lamb, chicken, seafood and chargrilled options, pizza and pasta dishes, regularly changing “blackboard specials”, associated side orders and indulgent homemade desserts.

    All food is prepared freshly to order in its extensively equipped five-star hygiene rated commercial catering kitchen employing the finest and freshest, locally sourced and authentic imported produce and served in the very pleasant surroundings of a charming, welcoming and tastefully furnished in-house dining area which may accommodate up to fifty covers in style and comfort, with additional external covers also available on a small forecourt trading area.

    “Virgilio’s” also boasts all the superbly presented traditional free-of-tie licensed wine bar facilities associated with an establishment of this kind and would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to the possible provision of local delivery and outside catering services and to operating hugely extended hours in order to fully exploit year-round local and passing trade demand.

    The business would also benefit by adopting a more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the possible introduction of online ordering through its own dedicated website and to further development of its social media presence, in order to improve upon the already impressive levels of turnover it has achieved since being established in its present form some thirty highly successful years ago by the two current ‘hands on’ family directors, with the aid only of a small, experienced and motivated team of three full-time and two part-time staff who would be an asset to any purchaser.

    Alternatively, this versatile proposition would most certainly appeal to someone simply seeking that wonderful combination of charming and adaptable premises in which to embark upon any number of other potentially lucrative licensed dining and hospitality ventures, coupled with a delightful, family-sized home in an appealing and commercially desirable coastal town centre setting which promises real quality of life, and we would unreservedly recommend a viewing.

    Property Description

    Fitted to superb industry specifications throughout, these substantial and extremely well maintained FOUR STOREY freehold character parade premises provide truly outstanding and “TripAdvisor” Top 5 rated internal business accommodation to the GROUND FLOOR, which briefly comprises an inviting and glazed public entrance directly off Penrhyn Road into the main, charming, welcoming and deceptively spacious customer service and dining area.

    The main public area boasts a feature timber ceiling with diffused inset spotlighting, tiled flooring throughout for easy cleaning, wall-mounted TV screen, large wall-mounted menu/specials boards and stylish furnishings for approximately 50 internal dining covers, and would be eminently adaptable to any number of other potentially lucrative licensed dining and hospitality ventures subject, of course, to the obtaining of any necessary consents.

    The main dining area, in turn, affords stepped split-level access to a reception bar area with seating for waiting customers, which houses a prominent and fully fitted free-of-tie licensed servery with electronic till point and easy access through to the main, fully fitted and extensively equipped 5-star hygiene rated commercial catering kitchen with extraction system.

    The main kitchen houses ample stainless-steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances including commercial pizza oven, large chargrill and various refrigerator/freezer storage units etc., all of which we understand is to be included in the sale price and further details of which will be available upon request to any genuine interested parties.

    Further ancillary accommodation to the ground floor consists of all the usual washroom/WC facilities for customers and descending staircase access down to a large, full height CELLAR AREA employed as a general dry goods and bottle store.

    The business premises also enjoy the added safety and security benefits of full fire and intruder alarm systems.

    Accessed by means of its own separate, self-contained entrance and staircase from ground-floor level, to the FIRST FLOOR this wonderful lifestyle opportunity provides an equally high standard of attractively presented and appointed private owners’ accommodation, which consists of a spacious lounge and a fully fitted domestic kitchen/breakfast room housing ample work surfaces, quality wall and base storage units, fitted sink unit and a full range of built-in appliances.

    Further delightful private living accommodation to the SECOND FLOOR consists of a master double bedroom with fully fitted private en-suite facilities and a further standard double bedroom, together with a fully fitted family bathroom/WC.

    To the THIRD FLOOR the property provides further excellent private living accommodation which consists of two additional good-sized double bedrooms, in addition to a second, fully fitted bathroom/WC.

    The property also enjoys the benefit of gas central heating and double glazing throughout.

    Externally:

    Occupying an outstanding and much sought-after trading position adjacent to a popular hotel on a high footfall coastal tourist town centre commercial thoroughfare, to the exterior the premises are prominently signed and attractively presented and afford ample and inviting display window space beneath an eye-catching retractable canopy onto a small, well maintained and partially enclosed forecourt trading area providing approximately eight additional external dining covers in good weather.

    Additional Information

    For further information, why not visit the business’ excellent dedicated website at:-

    www.virgiliosrestaurant.co.uk

    Fixtures & Fittings

    The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price

    Enquire about this business

    Kevin Mulhern
    HeadOffice

    Ref: 115990

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