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Spacious Superbly Fitted Licensed Brazilian Steak House

Undisclosed Northamptonshire
This spacious well fitted Restaurant comprises in total approx. 6,000 sq. ft. and is part of a development constructed approx. 7 years ago including hotel, cinema and casino. The Restaurant has recently been refurbished and up dated at considerable expense. This spacious Restaurant trades as a Brazalian Restaurant/Bar with Full On Licence, Dance, Performance & Music Licence. CCTV system with 9 cameras, 2 monitors plus recording system Ground floor SPACIOUS RESTAURANT AREA in the region of 4,000 sq. ft. with attractive slate tiled floor. 4 air conditioning units. Ceiling with inset lighting plus hanging lighting. 4 large plazma screens plus projector. Stage. Tables and chairs providing seating for 130 persons (can be increased). Barbecue area with large counter, marble topped, large gas stainless steel barbecue for 40 skewers (the barbecue was imported from Brazil), 2 stainless steel counter fridges, sink and drainer, computerised till. Large open cool display unit for buffets, 1 large open hot display unit for buffets. Large marble topped bar, 3 double door glass fronted counter fridges, 6 hand pumps for draft beer, 1 upright single door drinks display fridge, 2 computerised tills. Entrance/Reception with computerised till Fully tiled disabled cloakroom with w.c. and wash hand basin Spacious gentlemen's cloakroom, fully tiled comprising 6 urinals, 2 w.c's, 2 wash hand basins. Stairs to spacious ladies' cloakroom also fully tiled to a very high standard comprising 8 w.c's, 6 wash hand basins. Large beer cellar plus wine store Office Wide staircase from the ground floor restaurant to first floor providing a function room or readily used as overflow to the restaurant, approx. 2,000 sq. ft. Natural woodstrip floor. Tables and chairs providing seating for 20 persons (can be increased), Bar with hand pumps, computerised till, glasswasher. From the first floor restaurant there is an entrance to an attractive balcony with tables and chairs providing seating for an additional 40 persons. Additional ladies' cloakroom, fully tiled with 2 w.c's, wash hand basin Additional gentlemen's cloakroom, fully tiled with 2 w.c's, wash hand basin Spacious fully equipped catering kitchen with non-slip floor. 2 dumb waiters to ground floor restaurant. The kitchen is well equipped with stainless steel equipment. The equipment includes 2 6-burner stainless steel cookers, 2 deep fryers, large grill, large electric oven, 8 stainless steel fridges, 4 upright double door stainless steel deep freezes, commercial dishwasher, 4 sinks with drainers, stainless steel tables etc. Staff room Plant Room including music system

ADVERT NUMBER : 26498
ADVERT IMPRESSIONS : 27,546 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Agent Sale

LEASEHOLD:

£325000
 

BUSINESS DETAILS:

Location Prime trading position, NORTHAMPTONSHIRETurnover This spacious Brazalian Steak House opened approx. 10 weeks ago and we are informed the turnover currently averages £13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 68% approx.Tenure We understand the premises are held on a new 35 years renewable valuable under-lease from June, 2008 at a rental of £60,000 p.a. exclusive of rates. FIXED WITH NO RENT REVISIONS FOR THE ENTIRE 35 YEARS.

Uniform Business Rates: £20,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS STEAK HOUSE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £325,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor with the assistance of 4 full time managers plus 4 part time bar staff. In addition approximately 12 part time waiters/waitresses and meat runners are employed. In addition in the kitchen area there is 1 head chef plus 5 full time chefs employed. Wages paid in the region of £3,500/£4,000 p.w. 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
 
 
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