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(REF: R3162)  Impressive And Spacious Licensed Restaurant
 
Seller Reference: R3162
B4S Reference: 32552
Asking Price: £80,000
Net Profit: Undisclosed
Sales Revenue: £208,000
Number of Staff: Send enquiry for more details.
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 operated as Greek cuisine, which could obviously be continued, however, in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Front area with decking providing space for tables and chairs for approx. 20 persons.

IMPRESSIVE & SPACIOUS RESTAURANT (can be open front - weather permitting). Woodstrip floor, high ceiling with inset lighting. Air conditioning. Tables and chairs providing seating for 100 persons (can be increased to accommodate 120 persons). Long bar with wooden top, 2 group coffee machine, coffee grinder, optics, glass shelving, 2 glass fronted counter fridges, 1 additional small fridge, ice machine, sink and drainer.

Disabled cloakroom with w.c. and wash hand basin
Ladies and gentlemens cloakrooms each with w.c. and wash hand basin

Rear commercial kitchen with tiled floor, stainless steel cladding to walls and well equipped including stainless steel extractor system, double deep fryer, griddle, charcoal grill, 4-burner stainless steel cooker with oven, 2 deep freezes, stainless steel table, double sink and drainer.

Adjoining area with large walk-in coldroom, fridge/freezer, chest deep freeze

WE ARE INFORMED the turnover averages £4,000 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, the present lease having approximately 13 years unxpired at a current rental of £21,250 p.a. exclusive of rates. We further understand that the rent reviews are every 4 years.

Uniform Business Rates: £6,700 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS LICENSED RESTAURANT IN THIS EXCELLENT MAIN ROAD TRADING POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Rear yard with ample parking
 
  Location: Situated in a parade, excellent main road trading position, densely populated residential area, SURREY
  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   
  Monday - Thursday inclusive - 5 p.m. - 12 midnight
Friday & Saturday - 5 p.m. - 1 a.m.
Sunday opening - 11 a.m. - 12 midnight
  Summary of Staffing   
  The Restaurant is at present operated by the vendor who is a chef with the assistance of 2/3 part time chefs whilst the Restaurant area is operated with family help.





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