Business for sale

Business description

We are informed the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: SINGLE FRONTED PREMISES with counter.

Separate kitchen, fully equipped including 7-burner Chinese cooker, 6-burner gas cooker, 2 microwave ovens, 3 deep freezes, walk-in coldroom, double sink and drainer etc.


Staff: The business is at present operated by a husband and wife team with the assistance of 1 full time plus 1 part time plus 1 part time driver.


Opening Hours: Sunday - Thursday inclusive - 5 p.m. - 11.30 p.m.
Friday & Saturday - 5 p.m. - 12 midnight


Accommodation The accommodation all in GOOD CONDITION comprises:

3 Bedrooms (2 doubles, 1 single)
Shower room with shower
Separate w.c. with wash hand basin
Kitchen


Tenure We understand the premises are held on a lease having approximately 20 years unexpired at a rental of £11,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,100 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION


Reference : R8838