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FOR SALE – Licensed Restaurant, Mary Street, City Centre, Lancaster

FOR SALE – Licensed Restaurant, Mary Street, City Centre, Lancaster

El Tapeo, 5-7 Mary Street, ,

OIRO £ 28,000

 Property Overview

FOR SALE - Leasehold Double Fronted Restaurant Business for sale as a going concern. Well known licensed catering business in the city centre offering a Tapas experience with a restaurant having over 40 covers as well as a takeaway offering. Character well appointed premises off Brock Street in the heart of the city centre. Scaling down their business, hence the reason for sale. REALISTICALLY PRICED TO SELL. Viewing strongly recommended to fully appreciate the standard of appointment and potential of the business.

Contact Me

    Lancaster is a busy University City and a principal town of North Lancashire. Within easy access of the M6 motorway from junctions 33 and 34. Preston and Kendal are each approximately 20 miles away.

    The premises are located in the heart of Lancaster City Centre between Penny Street and Dalton Square, an excellent location for restaurant use.

    Double Fronted deceptively spacious premises. Popular and well appointed city centre restaurant and takeaway business offering great potential to increase the business further. Excellent preparation and kitchen space.

    Fully furnished leasehold lock-up business being sold as a going concern.

    All on the ground floor.

    Dining Room to the right
    7.282 x 3.689 (23’10” x 12’1″)
    Approximately 18 covers, access to loft storage.

    Serving Area behind
    2.384 x 2.056 (7’9″ x 6’8″)


    Dining Room to the left
    9.412 x 3.896 (30’10” x 12’9″)
    Approximately 30 covers, access to loft storage and concealed storage.


    Serving Kitchen
    4.647 x 4.052 (15’2″ x 13’3″)
    With Bar area, bottle and wine fridges, work space, access to loft storage.

    Preparation Kitchen
    4.598 x 4.045 (15’1″ x 13’3″)
    Maximum overall measurement into recess, sink, workspace, storage, fridge and freezer.

    Frying Kitchen
    2.820 x 2.382 (9’3″ x 7’9″)
    Extraction, workspace and cooking facilities.

    Mains services connected. Electric wall heaters.

    Rateable Value

    Legal Costs
    The ingoing tenant to be responsible for the landlords reasonable legal costs incurred in connection with the preparation of the lease.

    The Business
    Licensed trading Restaurant premises and takeaway being sold as a going concern, fully fitted out with all equipment needed to run the business.

    Accounts available for inspection. Latest annual Turnover £166,165.

    Leasehold lock-up business.

    We understand the premises are held on lease. Passing rent £458 per week.

    Viewing Arrangements
    Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
    Please call 01524 69922 to arrange or email: info@fwcommercial.co.uk

    Address: El Tapeo, 5-7 Mary Street
    Zip: LA1 1UW
    Country: United Kingdom
    Open In Google Maps
    Property Id : 839537
    Price: OIRO £ 28,000
    Other Features
    A Takeaway Offering
    In The Heart Of The City Centre
    Leasehold Double Fronted Restaurant Business
    Over 40 Covers
    Realistically Priced To Sell
    Well known Licensed Catering Business

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