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Spacious Licensed Restaurant

Undisclosed Warwickshire
Close to town centre, WARKWICKSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 39409
ADVERT IMPRESSIONS : 26,403 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

FREEHOLD:

£950000

LEASEHOLD:

£180000
 

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BUSINESS DETAILS:

Features : At present Italian cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.Full Gas Fired Central HeatingATTRACTIVE RESTAURANT. Front bar area with seating for 8 persons. Bar with electric cash register.Adjoining Restaurant area with tables and chairs providing seating for 20 persons. Rear Restaurant area, fully carpeted. Tables and chairs providing seating for 30 persons. Reception area, mirror-backed shelving.Fully tiled ladies' cloakroom with 2 w.c's, wash hand basinFully tiled gentlemen's cloakroom with w.c. urinal, wash hand basin Spacious commercial kitchen. The equipment includes 10-burner Chester cooker, double deep fryer, stainless steel extractor unit, 1-door counter fridge, 1 upright stainless steel Fosters deep freeze, double door white fridge, 2 single door white fridges, dishwasher, 2 double sinks with drainers, wash hand basin, stainless steel tables.Rear storeroom with 2 chest deep freezes, 1 glass fronted wine fridge, stainless steel fridge, walk-in coldroom etc.From the rear Restaurant there is a patio door to an attractive side paved patio area with space for tables and chairs for an additional 30 persons.Location : Close to town centre, WARKWICKSHIREOpening Hours : Tuesday - Thursday inclusive - 11.30 a.m. - 1.45 p.m. (last orders) Evenings - 5 p.m. - 9.30 p.m. (last orders)Friday & Saturday - 5 p.m. - 10.30 p.m. (last orders)CLOSED ALL DAY SUNDAY & MONDAYTurnover : WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £50,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.Uniform Business Rates: £9,340 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £950,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : The accommodation situated on the first floor, comprises:Large Office plus staff changing room (both of which could be utilized as bedrooms)Large LoungeHallway1 Double BedroomFully tiled bathroom with bath, w.c. and wash hand basin In addition there is a middle room (in our opinion could be converted into a private kitchen, if required)Staff : The restaurant is at present operated by 2 partners (1 of whom is a chef) with the assistance of 1 part time chef, 1 part time washer-up, 1 full time waitress, 1 full time waiter plus 1 part time staff on Saturday.
   
  FOR SALE
   

REFERENCE:

R1085 / RightBiz
   
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