Restaurant with Sepreate Takeaway
Business for sale
Asking Price:
£195,000
Turnover:
£250,000
Annual profit:
£95,000
Audited accounts:
No
Management accounts:
Yes
Business description
Large restaurant/entertainment premises offered in good condition with the additional benefit of a seperate takeaway restaurant. This business thrives on offering the local community with live bands/entertainment and has space for approximtely 100 covers in the restaurant. A new 15 year lease if offered at £20,000 p/a, 4 yearly rent reviews. Ground floor consists of large dinning/entertainment area of approximately 1000 sq ft plus the seperate takwaway premises and kitchen/ public toilets. First floor has a preperation area /cold storage area and 1 room accomodation. Approx 500 sq ft on first floor. All legal costs for the incoming party.Building & Property
Building: 1500 sq ft
Monthly Rent: £1,660
Real Estate Available: No
General Information
Reason for Sale: To concentrate on new restaurant
Franchise: No
Homebased: No
Relocatable: No
Downpayment: £195,000
Monthly Payroll: £4,800
ListingID#: NWLONT000185
Employee details
Fulltime staff:
7
Parttime staff:
4
