| (REF: R5794) Attractive Licenced Italian Restaurant. |
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| Seller Reference: |
R5794 |
| B4S Reference: |
02197 |
| Asking Price: |
£59,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£104,000 |
| Number of Staff: |
2 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Surrey, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : Double fronted ground floor Restaurant, FULLY CARPETED, AIR CONDITIONED, well appointed including wall and ceiling lighting, tables and chairs providing seating for 32 persons, dispense bar.
Stairs to spacious Basement Restaurant, FULLY CARPETED, AIR CONDITONED, wall lighting, tables and chairs providing seating for an additional 40 persons.
Fully tiled Ladies and Gentlemens Cloakrooms each with W.C. and wash-hand basin.
Level ground floor Kitchen with industrial non-slip floor, equipment includes 6-burner gas cooker, grill, deep fryer, dishwasher, double sink and drainer, work surfaces etc.
To the rear of the basement restaurant there is a Staff Room, Wine Store and Staff W.C.
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross Profit in excess of 65%.
The vendors own the Freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring Lease at a rental of £20,000 p.a. exclusive of rates for the first 4 years with a rent review at that time and thereafter every 4 years.
Uniform Business Rates £2,300 p.a. approx. plus water rates.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £59,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The private living accommodation all in good condition, AIR CONDITIONED and with FULL GAS FIRED CENTRAL HEATING comprises:
2 Double Bedrooms (1 with fitted wardrobes)
Large Lounge
Private Kitchen.
Yard at rear. Garage with electric up and over door. |
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Location: |
Situated in a parade, excellent main road trading position, SURREY. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday inclusive 12.00 noon to 3.00 p.m. and 6.30 p.m. - 10.30 p.m.
Saturday evening 6.30 p.m. - 10.30 p.m.
No Sunday trading. |
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The business is at present operated by a husband and wife team with the assistance of 1 full-time Chef plus 3 part-time staff. |
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