Advert Details

Restaurant For Sale

Details: Asking price:£25,000; Sales revenue:£130,000; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: Air Conditioned. Gas Fired Central Heating

SINGLE FRONTED PREMISES, with ceramic tiled floor, suspended ceiling with spotlights. Tables and chairs providing seating for 16 persons. Electronic cash register etc.

Level Kitchen area with stainless steel work surfaces. Please note that the majority of the following equipment is landlord's fixtures: 6-burner gas coomer, commercial oven, Tandoori oven, fridge, freezer, stainless steel extractor canopy, 1 microwave, 2 group coffee machines, double sink and drainer, separate wash hand basin etc.

Fully tiled cloakroom with w.c. and wash hand basin

General information: Employees: The business is at present operated by the vendor with the assistance of 2 full time staff and casual staff as required.; Trading hours: 11 a.m. - 11 p.m. seven days per week; Property:Leasehold; Lease terms:We understand the premises are held on a secure renewable lease having approximately 4 years unexpired at a rental of £12,300 p.a. exclusive of rates for the remainder of the term. Uniform Business Rates: £2,400 p.a. approx. + water rates (metered) RECOMMENDED FOR EARLY INSPECTION; Location:Situated in a parade, excellent main road trading position, residential, office and commercial area, WILTSHIRE; Expansion potential:WE ARE INFORMED the turnover averages £2,500 p.w. Gross profit 65% approx.; Reasons for selling:To Include The Secure Lease, Goodwill, £25,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant; Financing available?Substantial Loan To An Approved Applicant.