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Business description
SPACIOUS DOUBLE FRONTED RESTAURANT plus adjoining TAKEAWAY SECTION with own entrance. Restaurant and takeaway section with industrial lino floor, suspended ceiling with concealed lighting and fully equipped including tables plus wheelback chairs providing seating for 48 persons, 2 pan gas counter range, electronic computerised cash register, upright glass-fronted drinks fridge, upright Ram Air fridge and chest freezer, storage cupboard, separate extractor unit suitable for chinese cooker or griddle etc.
Food preparation room with double stainless steel sink, XL stainless steel 15 st. fish fridge, further upright freezer and chest freezer, kitchen table, storage cupboards and stainless steel racking.
Separate potato preparation room with potato chipper and peeler.
Ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin.
Property information
- Property:
- Leasehold
- Lease terms:
- WE UNDERSTAND the premises are held on a secure renewable lease having 10 years lease from March, 2010 at a rental of £14,000 p.a. exclusive of rates up to March, 2014, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,300 p.a. ( after small business relief) + water rates (metered) approx. £200 p.a.
RECOMMENDED FOR EARLY INSPECTION.
- Living accommodation:
- THE ACCOMMODATION, all in good condition, comprises:
2 double bedrooms, with night storage heaters
Bathroom with bath, w.c. and wash hand basin
Large beamed lounge with storage heaters
Kitchen with fitted units, built-in oven plus hob unit, plumbed for washing machine
- Location:
- Situated in a parade, residential area, WEST SUSSEX.
Business Operation
- Expansion potential:
- WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £127,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
- Trading hours:
- 12 noon - 10 p.m. MONDAY to SATURDAY
2 p.m. - 9 p.m. SUNDAY
- Employees:
- The business is at present operated by the vendor on a part time basis with the assitance of 2 full time staff.
Other information
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance