Impressive And Spacious Licensed Restaurant In Surrey For Sale

Business description

At present operated as Greek cuisine, which could obviously be continued, however, in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Front area with decking providing space for tables and chairs for approx. 20 persons.

IMPRESSIVE & SPACIOUS RESTAURANT (can be open front - weather permitting). Woodstrip floor, high ceiling with inset lighting. Air conditioning. Tables and chairs providing seating for 100 persons (can be increased to accommodate 120 persons). Long bar with wooden top, 2 group coffee machine, coffee grinder, optics, glass shelving, 2 glass fronted counter fridges, 1 additional small fridge, ice machine, sink and drainer.

Disabled cloakroom with w.c. and wash hand basin
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Rear commercial kitchen with tiled floor, stainless steel cladding to walls and well equipped including stainless steel extractor system, double deep fryer, griddle, charcoal grill, 4-burner stainless steel cooker with oven, 2 deep freezes, stainless steel table, double sink and drainer.

Adjoining area with large walk-in coldroom, fridge/freezer, chest deep freeze

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unxpired at a current rental of £21,250 p.a. exclusive of rates. We further understand that the rent reviews are every 4 years.

Uniform Business Rates: £6,700 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS LICENSED RESTAURANT IN THIS EXCELLENT MAIN ROAD TRADING POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, densely populated residential area, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Thursday inclusive - 5 p.m. - 12 midnight
Friday & Saturday - 5 p.m. - 1 a.m.
Sunday opening - 11 a.m. - 12 midnight

Employees:

The Restaurant is at present operated by the vendor who is a chef with the assistance of 2/3 part time chefs whilst the Restaurant area is operated with family help.

Other information

Financing available:

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