Business for sale

Business description

We understand the restaurant re-opened in February 2007 and the turnover is currently averaging between £7,000/£7,500 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 65% approx.


Price: OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in excess of £225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Outstanding opportunity to acquire a spacious Restaurant occupying an excellent corner position in the town centre.

Front area with tables and chairs for 20/25 persons.

SPACIOUS LICENSED RESTAURANT with attractive brickwork and attractive ceiling with spotlighting, 3 ceiling fans. Quality tables and chairs providing seating for 70 persons (can be increased). Spacious wooden bar, touch-screen computerised till with printer, wine rack, 2 group coffee machine, 3 double door glass fronted counter fridges, wine cooler, glasswasher, ice machine, 2 deck pizza oven (not utilized at present).

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. urinal and wash hand basin

Large commercial kitchen with industrial non-slip floor, fully equipped including 2 6-burner gas cookers, large charcoal grill, 3-door stainless steel counter fridge with refrigerated salad bar, 2 commercial and 2 domestic microwave ovens, 1 bain marie, double sink and drainer, stainless steel larder fridge, 1 chest deep freeze.

Stairs to large basement ideal for storage purposes with 3 deep freezes plus walk-in coldroom.

In addition in the basement there is a staff room, office, staff cloakroom


Staff: The Restaurant is at present operated by a husband and wife team with the assistance of 2 full time and 3 part time chefs, 2 full time kitchen porters plus 2 part time waiters.


Opening Hours 12 noon - 10 p.m. seven days per week


Tenure We understand the premises are held on a secure renewable lease for a period of 15 years from December, 2006 at a rental of only £16,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 5 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8183