Spacious Licensed Restaurant | | Undisclosed Surrey | | Situated in a parade, excellent main road trading position, sought after residential area SURREY | | ADVERT NUMBER : 39448
ADVERT IMPRESSIONS : 6,618 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | FREEHOLD: | £800000 | LEASEHOLD: | £85000 | | | | | BUSINESS DETAILS: | Features : At present Spanish/Italian 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.IMPRESSIVE & SPACIOUS RESTAURANT in the region of 120 sq. metres with ceramic tiled floor, full gas fired central heating, wall lighting. Tables and chairs providing seating for 80 persons. Bar with marble top, 2 door and 2 drawer stainless steel counter fridge, attractive wooden shelving for glasses, 2 group coffee machine, coffee grinder etc.Tiled ladies' and gentlemen's cloakrooms each with w.c. mirror and wash hand basin Large level kitchen with tiled floor. The equipment includes 1 6-burner gas cooker, stainless steel extractor unit plus stainless steel cladding to walls, 3-door and 2-drawer stainless steel counter fridge, upright stainless steel fridge, glass fronted fridge, upright deep freeze, hotplate unit, 2-deck pizza oven, sink and drainer, wash hand basin, in addition double sink and drainer, dishwasher, upright glass fronted wine fridge, 2 small deep freezes.Location : Situated in a parade, excellent main road trading position, sought after residential area SURREYOpening Hours : Sunday - 12 noon - 3 p.m. CLOSED ALL DAY MONDAYTuesday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11 p.m.Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : The vendor owns the freehold and is prepared to grant, subject to satisfactory references in respect of the Restaurant, a new 15 years full repairing and insuring lease at a rental of £27,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.Uniform Business Rates: £6,000 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANT Alternatively the vendor is prepared to consider the sale of the freehold property to include the spacious accommodation over, which comprises:4 Bedrooms Bathroom with bath, w.c. and wash hand basinKitchenWe understand the vendor has planning permission granted to convert the spacious accommodation into 2 flats plus build an extension to the first floor.OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £800,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTOutside : Parking space at rear for 1 carStaff : The Restaurant is at present operated by the vendor with the assistance of 2 full time chefs, 1 full time washer-up plus 2 full time waiters. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
