Most Attractive Old Established Licensed Restaurant | | Undisclosed Berkshire | | Excellent trading positon, BERKSHIRE | | ADVERT NUMBER : 39593
ADVERT IMPRESSIONS : 29,169 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £95000 | | | | | BUSINESS DETAILS: | Features : Established by the present owner in 1994. This old established Licenced Italian Restaurant catering for Pizzas, Pasta, Fish & Steaks, in our opinion offers tremendous potential for further development in the right hands.Split level restaurant with tiled floor. Marble topped tables plus chairs providing seating for 36 persons. Counter, 2-deck pizza oven, 2 group coffee machine, refrigeraged making table, stainless steel extractor, 6-burner gas cooker.Stairs to basement providing ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinBasement kitchen/preparation room. The equipment includes 2 stainless steel fridges, 2 small fridges, 1 chest deep freeze, double sink and drainer, dishwasher, ice machine etc.Location : Excellent trading positon, BERKSHIREOpening Hours : Monday - Saturday inclusive - 12 noon - 11 p.m.Sunday opening - 12 noon - 10 p.m.Turnover : WE ARE INFORMED the turnover averages £8,000/£9,000 p.w. 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, the present lease having approximately 10 years unexpired at a rental of £31,000 p.a. exclusive of rates for the next 5 years, with rent to be agreed thereafter.Uniform Business Rates: £7,500 p.a. approx.AS STATED THIS RESTAURANT HAS BEEN IN THE SAME HANDS SINCE 1994 AND THERE ARE GENUINE REASONS FOR SALE.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present mainly staff operated. Staff employed 4 full time staff in respect of the Restaurant area plus 4 full time staff in the kitchen. 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 | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
