Sidney Phillips have brought to market a Grade II Georgian restaurant and takeaway in the Monmouth, Monmouthshire.
The famous medieval town of Monmouth stands alongside the River Wye on the English/Welsh border. It is a popular market town with a vibrant center with many shops, banks and businesses located there as well as small boutiques, craft shops and restaurants.
It is particularly popular with commuters as it stands alongside the A449 dual carriage way trunk route which links the M50 to the Midlands with the M4 corridor at Newport South Wales. The Misbah is located in the heart of the town just off the court square, overlooking the River Monnow a tributary to the River Wye and is well positioned for the main town centre's activity as well as the towns renowned schools. The business is located in 9 Priory Street a Grade II listed building dating back to the early 19th Century being of Georgian style. It is a terraced property part of the Monmouth Street improvements carried out in 1837, it is in keeping with much of the regency architecture within the town.
It comprises of a ground floor restaurant with seating for 32, first floor function room currently arranged for a further 40 customers, as well as a three bedroom owner’s flat.
Our client has operated the Misbah for over 32 years and is accessibly recognized in mainly accolades including the best restaurant in South Wales by the ‘Good Curry Guide 2014’. It currently operates as a traditional Bangladesh restaurant on limited hours only opening six nights a week from as well as takeaways, which offers the opportunity for a new operator to further trade. Alternatively, it could suit a range of other restaurant styles.
The property is held on a free-of-tie lease from a private landlord, off an asking price of £95,000.
For further information about this restaurant for sale, other restaurants for sale or how to buy a business please call Sidney Phillips on 01981 250333.
(January 2022)