Attractive & Spacious Modern Italian Licensed Restaurant | | Undisclosed Middlesex | | Situated in a parade, excellent main road trading position, MIDDLESEX | | ADVERT NUMBER : 39704
ADVERT IMPRESSIONS : 13,616 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £114500 | | | | | BUSINESS DETAILS: | Features : Service road in front (Pay & Display during the day - free parking after 6.30 pm). Ample Car Parks nearby (also Pay & Display).ATTRACTIVE & SPACIOUS RESTAURANT with ceramic tiled floor. Air conditioning. Tables and chairs providing seating for 45/50 persons (can be increased). Attractive dispense bar, shelving, 2 group coffee machine, sink.Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin Level kitchen with quarry tiled floor. Fully equipped including stainless steel extractor unit, solid top cooker, 1 6-burner gas cooker with oven, 1 4-burner gas cooker with oven, 2-burner gas hob, Falcon grill, single deep fryer, walk-in coldroom, stainless steel counter fridge, Fosters double door stainless steel counter fridge, stainless steel tables, shelving with heated lamps, double sink and drainer, commercial dishwasher.Storage area with 1 chest deep freeze, 1 upright small deep freeze, 1 additional upright deep freeze.Location : Situated in a parade, excellent main road trading position, MIDDLESEXOpening Hours : Sunday - 12 noon - 3 p.m.CLOSED ALL DAY MONDAYTuesday - Friday inclusive - 12 noon - 3 p.m. & 6.30 p.m. - 10 p.m. (last orders)Saturday - 12 noon - 10 p.m. (last orders)Turnover : WE ARE INFORMED the turnover averages £3,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 55/60% approx.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.Uniform Business Rates: £5,820 p.a. approx.Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £114,500 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The SPACIOUS living accommodation in the form of a MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £900 per month, however, we understand that vacant possession can be given on completion if required. The accommodation comprises:3 Bedrooms (2 doubles, 1 single)Bathroom with bath, wash hand basinSeparate w.c.Kitchen (It will be appreciated upon inspection that 1 of the double bedrooms could readily be utilised as a living room, if required).Outside : Yard at rearStaff : The Restaurant is at present operated by the vendor who is a chef plus his son who is also a chef and 1 part time kitchen staff. The Restaurant area is operated by the vendor's wife plus their son-in-law who is a full time manager. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
