Overview
- Updated On:
- September 26, 2023
Description
Opportunity
‘Rib Shack’ is a well presented trendy, profitable restaurant on the high street in Petts Wood, surrounded by bars, restaurants and retails businesses
Outstanding location in a very attractive and affluent town in the Borough of Bromley, south-east London
Large 60-seater, generating £100k profit
Licensed to sell alcohol
Location
‘Rib Shack’ is on the high-street in Petts Wood one of the busiest parts of the high-street in the town centre
There is on-street parking
The town centre is thriving and busy throughout the day and night
‘Rib Shack’ is surrounded by dense town housing areas
Petts Wood is a very desirable town in south-east London, in the Borough of Bromley, it has the ‘Highest concentration of hair and beauty salons in the world’ a simple demonstarion of the appeal and wealth supporting this beautiful town
The idyllic location is perfect for commuters and families who enjoy being part of suburban life
Internal Details
Seating for 60 customers, bar area and very well equipped large commercial kitchen.
Please see the attached floorplans for more details
External Details
Outside licensed seating for 16 people
Fixtures & Fittings
All fixtures and fittings are included in the sale
Development Opportunity
‘Rib Shack’ is a very successful highly regarded business, trade could be increased further by opening later into the evening and operating seven days a week
The property would also suit other styles of restaurant, or even a pub or wine bar
The premised could also be used for alternative sectors cush as retail, subject to a change of use
Tenure
Nationwide Business Sales are pleased to offer ‘Rib Shack’ to the market on a leasehold basis at ‘Offers Over £180,000’, with 20 years remaining on the lease with an annual rent of £30,000
