- Advert ID: 666160
- (Seller ref: R9014)
Restaurant For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > Middlesex
- > Middlesex
- Category:
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Summary
- Asking price:
- £175,000
- Sales revenue:
- £260,000
- Net profit:
- Available on request
- Employees:
- The Restaurant is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 full time waiter, 1 full time waitress, 2 part time waitresses, 2 full time chefs, 1 full time washer-up.
Business description
Large Public Car Park at rear for 300/400 cars (Pay & Display during the day - free after 6 p.m).
IMPRESSIVE & SPACIOUS LICENSED RESTAURANT (can be open front - weather permitting). All refurbished and newly fitted approx. 1 year ago. Ceramic tiled floor, attractive high ceiling with inset lighting, air conditioning. Bar with mirror-backed shelving, double sink, counter fridge.
Level kitchen with non-slip floor. Fully equipped including 1 6-burner gas cooker plus 1 4-burner gas cooker, deep fryer, 2 deck pizza oven, 1 upright stainless steel fridge, 3-door stainless steel counter fridge, 1 upright double door stainless steel fridge, 3 chest deep freezes, stainless steel tables, dishwasher, double sink and drainer, wash hand basin etc.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. wash hand basin plus hand dryer.
Property information
- Lease terms:
- We understand the premises are held on a secure renewable lease having approximately 19 years unexpired at a rental of £20,500 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years. (We understand that the vendor is only responsible for internal repairs and decorations).
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT IN THIS EXCELLENT TRADING POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Location:
- Situated in a parade, excellent main road trading position, MIDDLESEX
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £5,000 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 £175,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant
- Trading hours:
- Monday - Saturday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m. Sunday opening - evenings only - 6 p.m. - 10 p.m.
- Financing available:
- Substantial Loan To An Approved Applicant.
Contact the seller
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- United Kingdom
- > England
- > South East
- > Middlesex
- > Middlesex
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