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(REF: R2820)  Attractive Licensed Restaurant
 
Seller Reference: R2820
B4S Reference: 29299
Asking Price: £49,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Essex, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : At present operated as Turkish cuisine, which could obviously be continued, however, in our opinion there is potential for other types of cuisine, if desired.

The premises have A3 use plus a Café On Licence & Takeaway consent, having potential for a Wine Bar type operation providing food is for customers.

IMPRESSIVE SINGLE FRONTED SHOP FRONT, ceiling with inset lighting, quality woodstrip floor. Tables and chairs providing seating for 30 persons. ATTRACTIVE BAR with granite top, 2 group coffee machine, glasswasher, sink, 5 glass fronted counter fridges etc.

REAR KITCHEN with quarry tiled floor, stainless steel extractor unit, 6-burner gas cooker, fridges & deep freezes.

STAIRS TO FIRST FLOOR large front room providing an additional potential seating area for up to 30 persons.

Ladies cloakroom with 2 w.cs, 2 wash hand basins
Gentlemens cloakroom with 2 urinals, w.c. and wash hand basin

We have not been advised as to the exact turnover, however, in our opinion, in view of the excellent trading position, the Restaurant has terrific potential in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having 18 years unexpired from the 30th August, 2010 at a rental of £20,000 p.a. exclusive of rates up to September, 2013, increasing at that time to £22,500 p.a. exclusive of rates for the following 3 years, with rent reviews every 3 years thereafter.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Excellent corner position, end of parade, ESSEX very close to major food chains including Ask, La Tasca & Strada.
  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   
  Sunday - Thursday inclusive - 5 p.m. - 12 midnight
Friday & Saturday - 5 p.m. - 1 a.m.
  Summary of Staffing   
  At present operated by the vendor who is a chef with the assistance of 1 kitchen staff plus 1 restaurant staff.





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