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(REF: R2789)  Attractive Well Fitted Licensed Restaurant
 
Seller Reference: R2789
B4S Reference: 28908
Asking Price: £50,000
Net Profit: Undisclosed
Sales Revenue: £182,000
Number of Staff: 4
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Surrey, South East England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : At present Sri Lankan cuisine, which could obviously be continued and in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Service road in front of parade

SPACIOUS SINGLE FRONTED RESTAURANT with woodstrip floor. Tables and chairs providing seating for 50 persons. BAR with 1 hand pump, glasswasher, 3-door glass fronted counter fridge.

LEVEL KITCHEN with quarry tiled floor. The equipment includes Tandoori oven, 8-burner Chinese cooker, 6-burner gas cooker, 2 fridges, 4 deep freezes, double sink and drainer, dishwasher etc.

Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
Fully tiled disabled cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £18,000 p.a. exclusive of rates. We understand that no increase was requested at the last rent review. We further understand that the rent reviews are every 4 years.

Uniform Business Rates: £1,200 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The SPACIOUS living accommodation FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and provides a rental income of £1,200 per month, however, we understand that vacant possesion can be given on completion, if desired. The accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Shower room with shower, w.c. and wash hand basin
Separate cloakroom with w.c. and wash hand basin
Kitchen

(It will be appreciated upon inspection that 1 of the bedrooms could readily be utilized as a living room, if required).

 
  Location: Situated in a parade, excellent main road trading position, SURREY
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  6 days per week Tuesday - Sunday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m.
CLOSED ALL DAY MONDAY
  Summary of Staffing   
  The Restaurant is at present staff operated. 4 full time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.





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