| (REF: R2858) Most Attractive & Spacious Licensed Restaurant/Coffee Shop |
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| Seller Reference: |
R2858 |
| B4S Reference: |
29263 |
| Asking Price: |
£65,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
1 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
United Kingdom |
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Nationwide are pleased to offer to the market : Newly opened as Thai cuisine approximately 1 year ago and at present operated as Thai cuisine plus daytime Coffee Shop, in our opinion there is potential for other types of cuisine, if desired.
GROUND FLOOR approximately 100 sq. metres, carpeted, wall and ceiling lighting. Newly fitted. Tables and chairs providing seating for 34 persons. BAR.
OPEN PLAN KITCHEN with stainless steel extractor unit, tiled walls, 8-burner gas cooker, deep fryer, 4 microwave ovens, 4 fridges, 2 fridge/freezers.
WASH-UP AREA with double sink and drainer, wash hand basin, dishwasher
Cellar providing large storage area
WE ARE INFORMED the turnover has reached £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
The vendow owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the restaurant with flat over at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. Alternatively should the self contained flat over not be required, the vendor is prepared to grant, subject to satisfactory references, a new 12 years full repairing and insuring lease in respect of the restaurant only at a rental of £17,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £3,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation in the form of a SELF CONTAINED FLAT over, available as an optional extra, all refurbished and with FULL GAS FIRED CENTRAL HEATING comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Spacious kitchen/dining room
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Location: |
Sought after trading position, market town, NORTH WALES |
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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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6 days per week CLOSED ALL DAY MONDAY
Sunday & Tuesday - 10 a.m. - 4.30 p.m.
Wednesday, Thursday, Friday & Saturday - 10 a.m. - 4.30 p.m. & 6.30 p.m. - 11 p.m. |
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The business is at present operated by 1 of the partners on a full time basis plus 2 full time and 2 part time staff. |
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