Maximos Restaurant, Old Brewery, Stockton Road, Castle Eden, TS27 4SU
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Restaurant for sale
Key features
- Long Established Popular Restaurant
- Affluent Village Location
- Immaculately Presented Throughout
- 2023 Net T/O c.£365k with ANP c. £75,000
- Annual Rent £25,000
- 70+ Covers EPC Rating C
- Christie & Co Ref: 6467074
Description
Maximos Restaurant is a long established and successful business immaculately presented throughout, offering authentic Italian cuisine.
Located within the Old Brewery, Castle Eden, the restaurant is frequented by locals as well as tourists to the area.
With fantastic reviews on TripAdvisor as well as other sites, Maximos has been a firm favourite for many years.
This is a great opportunity for an independent business owner, chef or manager to invest in a turnkey renowned business.
Maximos Italian Restaurant is perfectly located on the B1281 in the well renowned Old Brewery, Castle Eden, in south County Durham. Popular with executive commuters, Castle Eden is within easy reach of the A19 and less than 15 minutes outside Durham City and Hartlepool.
The village of Castle Eden is home to one of the best parkland golf courses in the North East of England, which is opposite the restaurant.
The restaurant consists of a communal entrance, 70 covers, fully fitted commercial kitchen, storage areas and toilets.
Fixtures & FittingsWe have been advised that the majority of fixtures and fitting are owned outright and will be included in the sale, subject to an inventory.
We are advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.
The business benefits from a large car park.
The OpportunityAfter over 20 years, our client is now selling to retire. With such a great local clientele following, the business benefits from a premium location and authentic Italian cuisine with very little competition in town.
The sale of Maximos is a great opportunity for an independent operator or expanding regional restaurant brand to invest and takeover this characterful premise.
The leasehold is agreed to be extended upon new operators taking over the premises.
Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing has taken place.
Trading HoursMonday
Closed
Tuesday to Saturday
12.00pm – 2.00pm
5.00pm – 9.00pm
Sunday
12.00pm – 6.00pm
Maximos Italian Restaurant is for sale by way of a leasehold with a rent of £25,000 per annum.
Business RatesThe Rateable Value is £21,000 from 1st April 2023. Confirmation of actual business rates payable should be obtained from the local Authority.
RegulatoryPremises Licence
Energy Performance Certificates
EPC 1Brochures
Maximos Restaurant, Old Brewery, Stockton Road, Castle Eden, TS27 4SU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Horden Station2.7 miles
About Christie & Co, Pubs & Restaurants
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Notes
Disclaimer - Property reference 6467074-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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