Shumacher Sells Anchors Seafood & Ale House Roswell

by Steven Josovitz

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The Shumacher Group, Inc. has sold Anchors Seafood & Ale House  located at 900 Mansell Rd #1, Roswell, GA 30076. The Shumacher Group, Inc. and Steve Josovitz represented the Seller in sale of its assets and business to be converted to a soon to be announced and well known restaurant group but negotiated a long term lease for new Tenant.

Some Info:

Anchored shopping center with Longhorn Steakhouse and Counter Burger.

Closed Full service restaurant and bar for sale in killer high traffic location in the heart of Roswell and Alpharetta close to North Point Mall.

Incredible street visibility in nationally anchored shopping center.

4587/sf.

Seating for 115 plus a full bar and 32-seat outdoor patio.

Below market rent at only $12.50/sf or $4587 per month plus CAM of $1571. Almost ten year remain on primary term of lease with five year option to renew.

Multi-Unit Owner is selling to focus on main business.

Seller invested almost $200,000 in November 2014 into an already beautiful restaurant to upgrade premises.

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