Licensed Hampshire Restaurant For Sale

Business description

At present Polish food, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS SINGLE FRONTED RESTAURANT, can be open front (weather permitting), part tiled floor plus partly carpeted, ceiling lighting. Tables and chairs providing seating for 30 persons. Bar with sink, ice machine, 1 single door glass fronted counter fridge, 1 double door glass fronted counter fridge.

Level kitchen with tiled floor. The equipment includes 6-burner gas cooker, double deep fryer, 2 deep fryers, 3 fridges, dishwasher, double sink and drainer etc.

Basement with ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the Restaurant premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of £21,600 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £800 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, HAMPSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Sunday - Thursday inclusive - 3 p.m. - 10 p.m.
Friday & Saturday - 3 p.m. - 1 a.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.