Licensed Restaurant In Surrey For Sale

Business description

The premises have traded as Italian cuisine and indeed more recently Chinese cuisine and in our opinion in view of the excellent main road trading position there is potential for a number of types of cuisine.

Full Gas Fired Central Heating

SINGLE FRONTED RESTAURANT, carpeted. New tables and chairs for 30 persons on the ground floor.

Stairs to first floor front room providing an additional Restaurant area with artificial beams plus bar area, potential seating for an additional 25/30 persons.

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

Large kitchen with non-slip floor, tiled walls, extractor, 5-burner Chinese cooker, double sink and drainer.

Property information

Property:

Freehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of £14,400 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Living accommodation:

The accommodation situated on the first floor comprises: 1 Double Bedroom Bathroom with bath, w.c. and wash hand basin Stairs to second floor Additional Double Bedroom

Location:

Situated in a terrace, excellent main road trading position, densely populated residential and commercial area, SURREY.

Business Operation

Expansion potential:

-

Reasons for selling:

PREMIUM REQUIRED FOR THE NEW LEASE £12,000 subject to contract OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY £340,000 subject to contract. SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

-

Employees:

-

Other information

Financing available:

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

Leasehold asking price:

£12,000