Hope Street, Filey Guide price £35,000

Nestled in the charming coastal town of Filey, this delightful restaurant on Hope Street presents a unique opportunity for aspiring restaurateurs or seasoned business owners. The property boasts a prime location, benefiting from high foot traffic and visibility, making it an ideal spot for attracting both locals and tourists alike.

Location
The business occupies a good trading position on Hope Street, one of Filey’s primary commercial thoroughfares and is located just a short stroll from the award-winning Filey Beach, Coble Landing, and local transport links (Filey Railway Station). It is directly situated within a vibrant commercial hub surrounded by complimentary independent retail shops, bars, and visitor holiday accommodation.

The Premises
The premises are well presented throughout, maintaining an exceptionally high standard of cleanliness, functional layout, and a charming, nostalgic dining atmosphere. The main dining area is bright, welcoming, and offers open-plan seating for approximately 22 covers. Service Counter: A fully fitted wooden service and payment counter equipped with an electronic till, card payment terminals and under-counter storage. The Commercial Kitchen is comprehensively equipped back-of-house commercial kitchen featuring stainless steel prep stations, extraction system, commercial ovens, griddle plate, fryers, refrigeration & freezer units, and dedicated wash areas. Fully compliant with modern environmental health standards.

Customer Facilities: Clean, well-maintained, and accessible customer WC facilities.

Storage: Ancillary dry goods storage and secondary refrigeration and freezer spaces.

The Business
Currently only operating 5 days a week (9:30am to 3:00pm) all year round to suit the current owners, there is excellent potential to extend the operating hours to increase turnover.

Tenure
Leasehold

Remaining terms of a Landlord & Tenant Act lease that expires in November 2028 and is inside the act so you would have the ability to renew

Rent
Set at £6,000 per annum until the expiry.

Viewing
Strictly via sole agents Colin Ellis Property Services on 01723 363565.

To view all our current commercial listings please visit www.colinellis.co.uk