Restaurant for sale in Berkshire
Business for sale
Asking Price:
£150,000
Turnover:
£208,000
Annual profit:
£105,456
Audited accounts:
Yes
Management accounts:
Yes
Business description
Location this business is located in berkshire.turnover we are informed the turnover averages £4,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price offers invited to include the secure lease, goodwill, fixtures & fittings in the region of £150,000 plus stock at valuation.
Substantial loan to an approved applicant
features public car park nearby (pay & display)
Full gas fired central heating
Outstanding opportunity to acquire an attractive licensed restaurant at present napolese cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.
Single fronted restaurant with wood strip floor. Tables and chairs providing seating for 30 persons. Bar.
Level kitchen with industrial non-slip floor, walk-in coldroom, tandoori oven, 6-burner gas cooker, stainless steel extractor unit, 2 fridges, 2 deep freezes, glass washer, double sink and drainer, wash hand basin.
Staff cloakroom with w.c. And wash hand basin
From the ground floor there are stairs to a first floor area providing a reception area plus additional restaurant area with potential for seating approx. 30 Persons.
Ladies' & gentlemen's cloakrooms each with w.c. And wash hand basin
staff the business is at present operated by 2 partners with the assistance of 3 full time staff plus additional part time staff.
Opening hours 12 noon - 3 p.m. & 6 P.m. - 11.30 P.m. Seven days per week
accommodation the accommodation situated on the second floor, comprises:
Large double bedroom with fitted wardrobes
bathroom with bath, w.c. And wash hand basin
outside small garden with dry goods store
tenure we understand the premises are held on a secure renewable lease having approx. 19 Years unexpired at a rental of £26,196 p.a. For the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform business rates: £2,100 p.a. Approx. + Water rates (metered)
Recommended for early inspection
Employee details
Fulltime staff:
2
Parttime staff:
3
