Spacious Well Fitted Wine Bar/restaurant (full On Licence, However, Tied For The Sale Of Beers And Alcopops) | | Undisclosed Hertfordshire | | Ample Street Parking after 6 p.m. (metered during the day) Newly fitted premises approx. 1,500 sq. ft. area can be open front subject to weather permitting. Air Conditioned New woodstrip floor. Attractive high ceiling with inset lighting, 8 chandelier lights over bar, the ceiling has the advantage of 3 skylights providing lighting. Front area which is operated as a Wine Bar plus Nightclub Friday & Saturday has tables, upholstered seating plus settees providing seating for 40/50 persons. Quality sound system. 3 Plasma screens. Attractive long bar, 10 hand pumps, 2 computerised tills, sink, glasswasher, 5 double door glass fronted counter fridges, mirror-backed shelving. Wide staircase to rear of Wine Bar to mezzanine floor providing attractive Restaurant area with ceramic tiled floor. Quality tables and chairs providing seating for 35/40 persons. Level kitchen with tiled floor plus tiled walls. Well equipped including 6-burner gas cooker, Tandoori oven, double deep fryer, 1 microwave oven, stainless steel tables, stainless steel double door fridge, stainless steel upright single door deep freeze, double sink and drainer etc. Fully tiled ladies' cloakroom with 3 w.c's, 2 wash hand basins, electric dryer Fully tiled gentlemen's cloakrooms with 3 urinals, w.c. and wash hand basin First Floor Office Large basement providing storage Beer Cellar | | ADVERT NUMBER : 26528
ADVERT IMPRESSIONS : 37,345 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Wine Bars | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent trading position, HERTFORDSHIRE TOWNOpening Hours Sunday - 11 a.m. - 12 midnight
Monday - Wednesday - 11 a.m. - 3 p.m. & 5 p.m. - 12 midnight
Thursday & Friday - 11 a.m. - 1.30 a.m.
Saturday - 6 p.m. - 1.30 a.m.Turnover WE ARE INFORMED the turnover in respect of wet sales is currently in the region of £5,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. The Restaurant section is currently let on a management basis providing English food during the day whilst in the evening providing Indian Fine Dining Food. We understand the vendor receives a rent from the management team of £300 p.w. plus the management team pay all the gas bills plus 50% of electricity and water bills. In our opinion it would be appreciated upon inspection that the Catering Section of the business perhaps needs to be developed as a different type of cuisine, possibly Italian, Spanish etc.Tenure We understand the premises are held on a new 10 years Brewery lease at an anticipated rental in the region of £25,000 p.a. exclusive of rates for the first 3 years, with ernt review at that time and thereafter every 3 years.
Uniform Business Rates: £9,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED & SPACIOUS WINE BAR/RESTAURANT, 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 OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS in the region of £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Parking space for 2 carsStaff The business is at present operated by the vendor with the assistance of 2 full time and 4 part time staff Friday & Saturday. Wages paid £600 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
