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(REF: SU000836)  Charming Restaurant - Epsom Area
 
Seller Reference: SU000836
B4S Reference: 28564
Asking Price: £75,000
Net Profit: Undisclosed
Sales Revenue: £156,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Epsom, Surrey, United Kingdom
  Business Summary   
  BUSINESS  
The restaurant was purchased by our client in 2004 and has been trading very successfully since then as an Italian restaurant.
The business opens lunchtimes and evenings serving a wide range of Italian regional dishes with an emphasis on fresh fish and seafood dishes. It is also very popular for its fine selection of Pizza and Pasta dishes and 'specials of the day' which are displayed on a blackboard. The restaurant has a premises licence and stocks a variety of Italian wines, bottled beers and liqueurs
The trade is generated mostly from local and regular customers, together with private functions, including weddings, which are catered for on the first floor.
 
BUSINESS PREMISES  
The restaurant is housed in a delightful corner property and arranged as follows:
Outside - The premises enjoy a part-glazed frontage with an entry door, a sun canopy, a fascia board above and some part fold-back windows, opening into:
Ground Floor Restaurant Area - (c. 600 sq.ft.) with a ceramic tiled floor, downlighters, wall and spot lights, a ceiling fan and thirteen tables with chairs, seating approximately forty diners. There is a fitted bar with mirror-backed shelving, a sink, a glass washer, two bottle fridges, a 2-group coffee machine and a coffee grinder.
To the rear of the restaurant there is a waiters' station and a store cupboard with a combi gas boiler for the central heating.
Separate Ladies and Gentlemen's Toilets - each fully-tiled with a lobby, a WC and a wash hand basin.
Kitchen - (3.4m x 4.1m) fully tiled with an external door to the rear of the property and equipped to include: a stainless steel worktop, a 6-ring gas cooker, a pizza oven, 2 fridges, a double-basket deep fat fryer, a stainless steel canopy and extractor, a stainless steel worktop, a chiller, a dishwasher, a microwave, a hotplate and a stainless steel single deep bowl sink.
In addition, there is a brick built outbuilding which is divided into two sections; one housing a dry goods/wine store with timber shelving and a bottle fridge, the other being equipped with 2 chest freezers, 2 stainless steel tall fridges, a stainless steel worktop, a double deep bowl sink and drainer, a commercial mixer and a staff WC with a sink.
Stairs from main restaurant to:
First Floor
Restaurant Area - (5.2m x 5.0m) with a laminate wood floor, spotlights and downlighters, windows to the side and rear of the property, seven tables seating approximately twenty four diners and a glazed door leading onto:
Attractive Roof Terrace - with paved flooring and four outside tables with umbrellas seating approximately twelve diners.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

OUTSIDE:
To the rear of the property, there is private parking for two cars.
 
TENURE  
The property is held on a secure 21-year lease from July 1996 with 4 yearly rent reviews.
The current rent payable is £17,500 pa.
 
RATES  
The business rates currently payable are £6,831
per annum.
 
TRADE  
We are advised by the Vendor that the gross sales average £3,000 per week.
Certified trading accounts will be made available to seriously interested purchasers after they have formally viewed the business.
 
HOURS  
Tuesday to Thursday 12 noon - 2.30 p.m.
6.00 p.m. - 10.30 p.m.
Friday and Saturday 12 noon - 2.30 p.m.
6.00 p.m. - 11.30 p.m.
Sunday 12 noon - 3.00 p.m.
Monday CLOSED
 
STAFF  
1 chef part-time
1 owner full-time
2 family members part-time
 
STOCK  
The Vendor informs us that the value of the stock is approximately £3,000
 
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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