| (REF: R3040) Newly fitted NOODLE BAR (catering for noodles & chicken). Full A3 use |
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| Seller Reference: |
R3040 |
| B4S Reference: |
30714 |
| Asking Price: |
£79,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Leicestershire, the East Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : We understand the Noodle Bar was opened on the 17th January, 2011 and in our opinion the business offers tremendous potential for further development in the right hands.
SPACIOUS NOODLE BAR all newly fitted, ceramic tiled floor, spotlighting plus fluorescent lighting. Tables and bench seating providing seating for 16 persons. (can be increased to accommodate 24 persons).
LEVEL KITCHEN with tiled floor and tiled floors, stainless steel extractor unit, 3-burner Chinese cooker, 4-burner gas cooker, deep fryer, 1 walk-in coldroom (approx. 3m x 2m), 3 chest deep freezers, double sink and drainer, wash hand basin etc.
WE ARE INFORMED the turnover currently averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of deliveries. We understand the split of turnover is approximately 50% eat in with the balance of 50% in respect of takeaway.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 10 years unexpired at a rental of £15,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years. (As will be appreciated with the rental income currently from the accommodation of in the region of £12,480 p.a. the net rental payable at the present time is only £3,020 p.a. exclusive of rates).
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 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, is at present let on a room by room basis and provides a rental income of £240 p.w. however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
4 Bedrooms (3 doubles, 1 single)
Shower room with shower, wash hand basin
Separate w.c.
Kitchen with fitted units
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Location: |
Situated in a parade of shops, opposite a Shopping Centre, City Centre, LEICESTERSHIRE |
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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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Monday - Saturday inclusive - 11 a.m. - 8 p.m.
NO SUNDAY TRADING (in our opinion there is potential for Sunday opening, if desired) |
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At present operated by 1 partner with the assistance of 3 full time staff plus 1 part time. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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