| (REF: R7397) Superb Newly Fitted Spacious Licensed Restaurant |
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| Seller Reference: |
R7397 |
| B4S Reference: |
02276 |
| Asking Price: |
£100,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£312,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Lincolnshire, the East Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a superbly equipped Licensed Restaurant at present operated KFC style, mainly chicken and chips. In our opinion offering tremendous potential for further development in the right hands.
Tinted glass to spacious Restaurant with ceramic tiled floor. Fixed tables and chairs for 50 persons. Internet section with 6 computers/screens (charges £1 per half hour). Attractive counter, 2 computerised tills for ordering.
Large kitchen with Henny Penny chicken pressure cookers, 1 triple fully automatic deep fryer, stainless steel extractor unit, automatic coffee machine, HCW5 heated display cabinet, soft drinks dispenser, walk-in coldroom, large glass fronted chest deep freeze, ice machine, upright glass fronted drinks chiller, double sink and drainer, breading table etc.
Fully tiled ladies/disabled cloakroom with w.c. and wash hand basin
Fully tiled gentlemens/disabled cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover currently £6,000 p.w. in our opinion this does not fully reflect the true potential of this superb site. The business is at present operated under a Franchise Agreement which we understand is entirely optional. The charges we understand for the Franchise Agreement £200 per month payable from March, 2007.
We understand the premises are held on a secure renewable Under Lease having approximately 23 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years. (We understand there is a service charge currently payable of approx. £1,500 p.a).
Uniform Business Rates: £7,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
ALL OFFERS CONSIDERED FOR EARLY SALE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the excess of £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, close to the Wharf, prime city centre position, LINCOLNSHIRE |
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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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12 noon - 12 midnight seven days per week |
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At present run under management. Staff employed 1 full time manager, 5 part time staff. |
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