Attractive Licensed Restaurant | | Undisclosed Hertfordshire | | Outstanding opportunity to acquire an attractive Licensed Restaurant at present Mediterranean cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired. DOUBLE FRONTED RESTAURANT with woodstrip floor, wall and ceiling lighting. Tables and chairs providing seating for 40 persons. Small dispense bar. Kitchen at rear with non-slip floor. 8-burner gas cooker with oven, double pizza oven, 2 deep fryers, refrigerated making table, 3 stainless steel fridges, 1 additional fridge, 1 chest deep freeze, large sink and drainer, wash hand basin. Storeroom Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin. | | ADVERT NUMBER : 17569
ADVERT IMPRESSIONS : 11,941 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £79500 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent main road trading position, HERTFORDSHIREOpening Hours Monday - Thursday inclusive - evenings only - 5 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 2.30 p.m. & 5 p.m. - 11 p.m.
Sunday opening - 12 noon - 11 p.m.Turnover WE ARE INFORMED the turnover averages 3,500/4,000 p.w. including deliveries, in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.Tenure We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a rental of 10,400 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: 1,900 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTIONPrice OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 79,500 plus STOCK AT VALUATION (3,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.Staff The Restaurant is at present operated under management. Staff employed 1 full time manager, 1 full time chef, 2 part time chefs, 2 part time waitresses. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
