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(REF: R3059)  Spacious Superbly Fitted Licensed Restaurant
 
Seller Reference: R3059
B4S Reference: 30729
Asking Price: £120,000
Net Profit: Undisclosed
Sales Revenue: £260,000
Number of Staff: 9
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 Indian cuisine which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

IMPRESSIVE & SPACIOUS LICENSED RESTAURANT with part woodstrip floor and part ceramic tiled floor, ceiling with inset lighting. Quality tables and chairs providing seating for 90 persons. Attractive bar with hand pump, glass mirror-backed shelving, 2 single door glass fronted counter fridges, 1 double door glass fronted counter fridge, Wega 2 group coffee machine, coffee grinder, sink, glass fronted deep freeze.

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

SPACIOUS OPEN PLAN KITCHEN, fully equipped including 6-burner gas cooker, stainless steel extractor unit, 2 stainless steel fridges etc.

First floor storeroom
Walk-in coldoom
Office

WE ARE INFORMED the turnover averages £5,000 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 for a period of 15 years from November, 2008 at a rental of £36,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £18,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED & SPACIOUS QUALITY RESTAURANT IN THIS SOUGHT AFTER LOCATION.

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The SPACIOUS living accommodation comprises:

9 Bedrooms (6 doubles, 3 singles)
Bathroom with bath, wash hand basin
Separate w.c.

Spacious rear paved patio area with tables and chairs providing seating for 40 persons. In our opinion ideal for barbeques or shisha, if desired.
 
  Location: Excellent trading position, MAJOR SURREY TOWN
  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   
  CLOSED ALL DAY MONDAY
Tuesday, Wednesday & Thursday - 12 noon - 3 p.m. & 5 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.
  Summary of Staffing   
  The Restaurant is at present operated by the vendor on a part time basis with the assistance of family help. In addition staff employed 1 part time manager, 1 part time assistant manager plus 1 part time waiter. In addition additional part time staff employed at weekends when required.





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