| (REF: R2336) Superbly Fitted Steak House |
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| Seller Reference: |
R2336 |
| B4S Reference: |
26982 |
| Asking Price: |
£25,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| 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 : Large Public Car Park nearby (Pay & Display daytime)
Stairs to first floor STEAK HOUSE with large fabulous window (approx. 27 long overlooking town). The steak house is fully carpeted, air conditioning, wall and ceiling lighting. Tables and chairs providing seating for 60 persons (can be increased to accommodate 78 persons, if desired). Attractive new built bar with 2 hand pumps, 2 double door glass fronted counter fridges, fully fitted buffet unit for carvery, large level kitchen approx. 25 x 25, non-slip floor, stainless steel cladding to walls. The equipment includes 8-burner gas cooker with 2 double ovens, chargrill, double deep fryer, 2 large double door stainless steel fridges, 4 chest deep freezes, 3 white fridges, double sink and drainer.
Vegetable preparation area plus separate meat preparation area
Storeroom
Fully fitted disabled cloakroom with w.c. and wash hand basin
In addition fully fitted ladies and gentlemens cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advosed in the region of 73% approx.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £32,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates Payable £6,400 p.a.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 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: |
Occupying town 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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CLOSED ALL DAY MONDAY
Tuesday - Saturday inclusive - evening only - 5 p.m. - 10 p.m.
Sunday - 12 noon - 8 p.m.
(The carvery is operated on Sunday from 12 noon - 8 p.m).
In our opinion there is terrific potential for additional opening hours during the week. |
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At present mainly staff operated. Restaurant area - 2 full time plus 4 part time. Kitchen area - 1 full time chef, plus 1 part time chef, 1 full time kitchen porter. |
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