| (REF: R8776) Superb Newly Fitted Licensed Restaurant |
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| Seller Reference: |
R8776 |
| B4S Reference: |
02855 |
| Asking Price: |
£68,000
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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: |
Lincolnshire, the East Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : Newly fitted at considerable expense. Trading as Japanese cuisine since November, 2009, in our opinion offering tremendous potential for further improvement in the right hands.
SPACIOUS GROUND FLOOR RESTAURANT with ceramic tiled floor, air conditioning. Attractive ceiling with inset lighting plus handing lighting. Tables and chairs providing seating for 50 persons.
Open plan cooking area, fully equipped including stainless steel display cool unit for desserts, Taylors soft ice cream machine, 6-burner wok range, charcoal grill, cool display unit for cold meats and vegetables, large hot display counter unit, 7 glass fronted counter fridges, ice cube machine, 2 ice flake machines, sink and drainer, glass washer, additional sink and drainer, hot drinks dispenser, computer system.
Feature glass display lift (suitable for disabled) to first floor plus stairs to first floor:
Additional Restaurant area with ceramic tiled floor, tables and chairs providing seating for 20 persons. Mini bar unit with glass fronted counter fridge and glass washer.
Disabled cloakroom with w.c. and wash hand basin
Ladies & gentlemens cloakrooms each with w.c. and wash hand basin
Preparation kitchen with dumb waiter to ground floor. The kitchen has a tiled floor and is well equipped including 9-burner Chinese cooker, duck oven, roasting oven, 2 steamers, electric oven, walk-in coldroom, walk-in deep freeze, stainless steel tables, double sink and drainer, dish washer, wash hand basin etc.
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
We understand the premises are held on a secure renewable 25 years lease from 24th June, 2006 at a rental of £60,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £18,826 p.a. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SPACIOUS LICENSED RESTAURANT IN THIS SOUGHT AFTER TRADING POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REDUCED FOR EARLY SALE
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £68,000 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: |
Prime water front position, City Centre, 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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Monday - Friday inclusive - 12 noon - 3 p.m. & 5.30 p.m. - 10 p.m.
Saturday & Sunday - 12 noon - 10 p.m. |
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The business is at present operated under management. Staff employed 1 full time manager plus 2 full time in the restaurant area, whilst in the kitchen area there are 4 full time chefs plus additional part time staff at weekends. It will be appreciated upon inspection that with an active husband and wife team the wage bill could be reduced. |
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