Well Equipped Licensed Bar And Grill In Surrey For Sale

Business description

Front area with space for 2 tables plus 4 high chairs

FULL GAS FIRED CENTRAL HEATING

DOUBLE FRONTED PREMISES with double door. Front area ATTRACTIVE BAR all newly refurbished, woodstrip floor, ceiling with inset spotlighting, 6 hanging lights over bar area. Long bar with polished wood top, tiled front, 2 hand pumps, 3 double door glass fronted drinks fridges, attractive wooden polished wooden back bar, mirror-backed shelving, 2 group coffee machine, coffee grinder, 5 high bar seats, 2 high glass topped tables with 4 high stools, 2 seater settee.

Access to SPACIOUS REAR RESTAURANT, front area with ceramic tiled floor, middle and rear sections of the restaurant are laminated strip floor, ceiling with inset lighting plus 6 hanging lights, large glass display mirror to 1 wall. Tables and chairs providing seating for 85 persons. BAR with mirror-backed shelving, 2 double door counter fridges, glasswasher, 2 double door counter fridges, ice machine, electronic cash register.

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

LEVEL COMMERCIAL KITCHEN with tiled floor and tiled walls. The equipment includes 6-burner gas cooker, double gas deep fryer, 3 stainless steel tables, 3 stainless steel fridges, upright deep freeze, dishwasher, double sink and drainer, wash hand basin etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable 20 years full repairing and insuring lease at a current rental of £14,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates we understand only £500 p.a. approx. at present after small business relief

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED BAR & GRILL.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, busy road, densely populated residential area, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover currently averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £68,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday 12 noon - 2.30 p.m.
Evenings Tuesday - Saturday inclusive 5 p.m. - 10.30 p.m.
NO SUNDAY TRADING

Employees:

The Restaurant is at present operated by the owner on a full time basis with the assistance of 1 full time chef plus 2 part time chefs at weekends plus restaurant staff.

Other information

Financing available:

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