Specialist property adviser Christie + Co is offering the leasehold interest in the unique opportunity that is the Lido Kitchen in Portishead.
Currently a restaurant, cafe and tapas bar, and ideally positioned overlooking the Bristol Channel and neighbouring the Open Air Pool, the business presents endless prospects.
The business comes to the market due to the current owner concentrating on new ventures and therefore opens the door for a hands on operator/partnership to push the Lido Kitchen further forwards.
The Lido Kitchen was given a major, high specification refurbishment in 2012, just in time for the Open Air Pool celebrating its 50th birthday. During this time the business has been run under management with an award-winning chef at the helm. Since its opening the business has developed a reputation for its daytime and evening offerings to the immediate population as well as visitors to the area and the Open Air Pool.
Valerie Turner, restaurant specialist at Christie + Co in Bristol says: “It is a great opportunity, given the location and the ability to develop the business further. The area has had an increase in population due to recent residential development, and has witnessed an increasing appetite from restaurant and pub operators including Loungers, Mezze and Aqua Italia.
“The Lido Kitchen has been run as a year-round business but it can adapt to a seasonal operation depending on the type of lifestyle prospective buyers are looking for.”
The lease, with 29 years remaining, is on the market for £85,000 with an attractive stepped rent.
Source: Christie + Co