| (REF: R2853) Well Equipped Licensed Steak & Rib Restaurant |
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| Seller Reference: |
R2853 |
| B4S Reference: |
29290 |
| Asking Price: |
£125,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
East Riding of Yorkshire, Yorkshire and the Humber, United Kingdom |
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Nationwide are pleased to offer to the market : ATTRACTIVE RESTAURANT with laminated strip floor, wall and ceiling lighting. Tables and chairs providing seating for 34 persons. Bar with 2 hand pumps, touch screen till with printers, glasswasher, 2 double door glass fronted counter fridges etc.
2 fully tiled cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN with non slip floor. The equipment includes 6-burner gas cooker, gas charcoal grill, 3 single deep fryers, 2 sliding double door glass fronted fridges, 1 additional fridge, 2 chest deep freezes, 1 upright deep freeze, large sink additional sink, wash hand basin, dishwasher, ice machine.
We understand the vendor enjoys a healthy turnover, full details of which will be discussed on inspection.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease in respect of the Restaurant at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (The vendor is also prepared to grant a shorter lease if required).
Should the accommodation over be required this would be available as an optional extra at an additional rental of £600 per month.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE 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 SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
First Floor
Kitchen
Large Dining Room
Large Lounge
Utility Room
Master Double Bedroom
Bathroom with bath, shower over bath, w.c. and wash hand basin
Additional separate w.c.
In addition there is a storeroom on the first floor
Half Landing
1 Double Bedroom
Second Floor
Large Lounge
2 Single Bedrooms
In addition there is a large attic
Yard at rear. |
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Location: |
Enjoying a prominent position close to the sea front, EAST YORKSHIRE. |
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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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Summer Months & All School Holidays
12 noon - 11 p.m. seven days per week
Winter Months
Monday - Friday inclusive - 4 p.m. - 11 p.m.
Saturday & Sunday - 12 noon - 11 p.m. |
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The business is at present operated by the vendor with the assistance of 2 waitresses plus 2 kitchen staff and 1 kitchen porter plus additional part time staff when required. |
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