Spacious Old Established Licensed Restaurant With The Benefit Of A Full Licence. | | Undisclosed Berkshire | | Situated in a parade, excellent trading position, BERKSHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 39741 ADVERT IMPRESSIONS : 30,066 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | FREEHOLD: | £425000 | LEASEHOLD: | £45000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Spacious RESTAURANT in the present hands for the past 18 years. 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.Full Gas Fired Central HeatingSINGLE FRONTED SPACIOUS RESTAURANT with carpet tiled floor, wall lighting. Tables and chairs providing seating for 50 persons. Servery area with counter, 2 group coffee machine, electronic cash register.To the rear of the Restaurant is an additional servery area with counter, large pizza oven.Large rear level kitchen with tiled floor. The equipment includes 6-burner gas cooker, stainless steel extractor unit, double gas deep fryer, 2 microwave ovens, 2 upright stainless steel fridges, 1 upright stainless steel deep freeze, 2 deep freezes, small fridge, stainless steel tables, sink and drainer, additional sink and drainer etc.First floor ladies' and gentlemen's cloakroom each with w.c. and wash hand basinLocation : Situated in a parade, excellent trading position, BERKSHIREOpening Hours : Monday - Friday inclusive - 12 noon - 2.30 p.m. evenings - 6 p.m. - 11 p.m. (last orders)Saturday - evenings only - 6 p.m. - 11 p.m. NO SUNDAY TRADINGTurnover : WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 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: £1,900 p.a. approx. + water ratesAS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXUTRES & FITTINGS £45,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £425,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : First Floor - 2 rooms (used at present for stock purposes)Second Floor - 3 additional rooms plus landing areaStaff : The Restaurant is at present operated by the vendor with the assistance of 1 full time waiter, 1 full time chef plus 2 part time kitchen staff. | | | | | | FOR SALE | | | | | REFERENCE: | R9960 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |