Attractive Licensed Detached Meditarranean Restaurant In Surrey For Sale

Business description

This superbly fitted Licensed Restaurant (with Full On Licence) caters for mediterranean type food including grills, pastas, burgers etc. The business has the advantage of being situated within easy walking distance of a large University.

The RESTAURANT & KITCHEN were newly fitted to a high standard approximately 2 years ago.

Car Park at rear (Pay & Display Daytime - Free in the evenings)

Front area with attractive brickwork space for tables and chairs for approximately 20 persons.

IMPRESSIVE RESTAURANT can be open front, weather permitting. Ceramic tiled floor, 1 air conditioning unit, in addition the restaurant has full gas fired central heating. Tables and chairs for 45/50 persons. Attractive BAR with hanging lighting over, 5 high chairs. The bar is well appointed including computerised till system, 2 group coffee machine, coffee grinder, glasswasher, 2 double door glass fronted counter fridges, draught beer system (on loan).

Half tiled ladies' cloakroom with w.c. and wash hand basin
Half tiled gentlemen's cloakroom with w.c. and wash hand basin

Office with 2 computers plus printer

SPACIOUS LEVEL COMMERCIAL KITCHEN with tiled floor and well equipped including 4-door stainless steel counter fridge, salad fridge with topping section, stainless steel extractor unit, kebab machine, charcoal grill, Pitco American gas double deep fryer, 1 6-burner gas cooker with double oven and giddle section, 4-burner gas cooker with oven, 2 stainless steel upright counter deep freezes, Lincoln Impinger conveyor belt pizza oven, Somerset dough roller, 5-door Williams stainless steel counter fridge with refrigerated topping section, commercial dishwasher, 2 sinks and drainer, Lincat 2-pot bain marie etc.

Rear section for storage
Dry Goods Store
Secure Wine Store
Walk-in coldrooom, Walk-in deep freeze

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £30,000 p.a. exclusive of rates up to October, 2013 with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £5,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT IN THIS SOUGHT AFTER LOCALITY.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Sought after residential area, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £5,500/£6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Included in the turnover we understand that there is approximately £1,500 p.w. in respect of delivery and takeaway.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £84,995 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 11 a.m. - 3 p.m. Evenings - 5 p.m. - 11 p.m.
Saturday & Sunday - 10 a.m. - 11 p.m.

Employees:

The Restaurant is at present staff operated. Staff employed 1 full time manager. Mornings 1 part time waitress. Evenings - 2 part time waitresses/waiters. Kitchen area mornings 1 part time chef, evenings 3 part time chefs. During the weekends additional 3 part time waiters/waitressess are employed plus a further part time kitchen staff. Wages paid in the region of £1,200 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance