| (REF: R2708) Well Equipped Licensed Restaurant. |
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| Seller Reference: |
R2708 |
| B4S Reference: |
26688 |
| Asking Price: |
£120,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£338,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : At present Turkish cuisine, which could obviously be continued. 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 space for 3 tables and 6 chairs.
DOUBLE FRONTED RESTAURANT with tiled floor, hanging lighting. Tables and chairs providing seating for 42 persons. Cool display serve over counter, stainless steel extractor with large charcoal cooking unit, 2 double-door glass fronted counter fridges, 2-pot bain marie, fridge.
Rear level KITCHEN with quarry tiled floor, double sink and drainer, 6-burner gas cooker, 2-door stainless steel counter fridge with marble top and refrigerated storage section, stainless steel extractor with stainless steel cladding, etc.
Fully tiled LADIES & GENTLEMENS CLOAKROOMS, each with w.c. and wash hand basin.
To the rear of the premises are 2 storesheds with 2 deep freezes.
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. (Included in the turnover is some takeaway).
WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 17 years unexpired, at a rental of £15,250 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
Uniform business rates: £6,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £120,000 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, excellent main road trading position, ESSEX. |
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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 - 11 p.m. seven days per week. |
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The business is at present mainly staff operated. Staff employed: Restaurant area, 1 full time waiter plus 1 full time waitress. Kitchen area, 1 full time chef/manager plus 2 part time kitchen staff.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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