Business for sale

Business description

We are informed the turnover averages £4,500 - £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 68% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS, £89,950, PLUS STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


Features: Ground Floor - Entrance for Buffet and Takeaway with adjoining seating area, tables and chairs providing seating for 35 persons, 3 ceiling fans, wall lighting, hot starter cabinet, large hot food display cabinet for main meals (21 sections), counter, counter fridge with stairs leading downstairs to main Licensed Restaurant with air conditioning and seating for 60/70 persons.

Ladies' and gentlemen's cloakrooms

To the rear of the buffet section is a level kitchen with cladded walls, industrial non-slip floor. The equipment includes 7-burner chinese cooker, stainless steel extractor unit, 2 gas deep fryers, 2 commercial microwave ovens, stainless steel tables, 2 double sinks and drainers, wash hand basin, 1 large stainless steel fridge, 2 additional large fridges etc.

Returning to the ground floor from the main road there are separate stairs to garden level, entrance to spacious Licensed Restaurant. Attractive ceiling lighting. The main part of the garden level restaurant is air conditioned. Tables and chairs providing seating for 60 - 70 persons.

Stairs to basement used for storage, walk-in deep freeze, fridge, double sink, wash hand basin.
Laundry room with washing machine plus tumble dryer.
Wine store
Dry Goods Store
Adjoining basement room (not used)

Ladies' and gentlemen's cloakrooms


Staff The restaurant is at present operated by a husband and wife team with the assistance of 2 full time chefs, 2 full time waitresses.


Opening Hours 7 Day week (Monday - Sunday) 12 p.m. - 2 p.m. and 5 p.m. - 11 p.m.
Sunday close's at 10.30 p.m


Accommodation The majority of the accommodation in the form of 2 flats is situated on the first & second floor and both comprise of:

4 double bedrooms
Shower room with shower, wash hand basin
Separate cloakroom with w.c. and wash hand basin


Outside Rear small garden.


Tenure We understand the entire premises are held on 2 separate leases having 25 years unexpired from November, 2001 at a current rental of £30,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £8,500 p.a. approx. + water rates

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8752