Business for sale

Business description

We are informed the turnover averages £2,000/£2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 62% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Outstanding opportunity to acquire a well appointed LICENSED RESTAURANT at present Persian cuisine, which could obviously be continued, and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine including Sushi Bar. The Restaurant occupies an excellent main road trading position opposite a large park.

Spacious RESTAURANT with laminated strip floor. Tables and chairs providing seating for 50 persons. Dispense bar area with electronic cash register, sink, double door glass fronted counter fridge.

To the front of the Restaurant is a clay oven used for baking fresh bread.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin.

Servery area with upright glass fronted drinks fridge, wash hand basin

Rear level kitchen with quarry tiled floor, large gas grill, 6-burner gas cooker with double oven, small charcoal grill, upright stainless steel larder fridge, additional fridge, double sink and drainer, hot cupboard, dishwasher etc.

Small passage area at rear used for rubbish bin


Staff: The business is at present operated by the vendor with the assistance of 2 full time chefs plus the vendor's son and wife on a part time basis. It will be appreciated upon inspection that with a more active husband and wife team the wage bill could be reduced.


Opening Hours: Monday - Saturday inclusive - 6 p.m. - 11.30 p.m.
CLOSED ALL DAY SUNDAY
It will be appreciated upon inspection that there is potential for additional opening hours.


Tenure We understand the premises are held on a secure renewable lease having approximately 14 years unexpired at a rental of £15,500 p.a. exclusive of rates up to March, 2008, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £5,200 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R7994