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Rib Shack Bar & Grill, 5, Station Square, Petts Wood

£180,000 Offers Over
  • Ref: 263210
  • Type: Restaurant
  • Availability: Under Offer
  • Tenure: Leasehold
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Property Summary

Beautiful 60-seater town centre restaurant business

Fantastic high street location in Petts Wood

Profitable business, turnover £400k

Full Details

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