Spacious Newly Fitted Licensed Restaurant | | Undisclosed Surrey | | Situated in a parade, excellent main road trading position, SURREY | | ADVERT NUMBER : 47245
ADVERT IMPRESSIONS : 7,661 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £50000 | | | | | BUSINESS DETAILS: | Features : The Restaurant has the advantage of being situated opposite large offices which we understand accommodates approx. 2,000 persons.
Previously trading as a Pizza Restaurant, however, established as an Indian Fast Food Restaurant at present, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.
IMPRESSIVE & SPACIOUS SINGLE FRONTED RESTAURANT with laminated strip floor, ceiling lighting. New tables and chairs providing seating for 30 persons.
Large level kitchen with tiled floor, tiled walls plus part stainless steel cladding to cooking area, stainless steel extractor, Tandoori oven, 6-burner gas cooker, 5-burner wok cooker, grill, double sink and drainer, microwave oven, stainless steel tables, 2 upright deep freezes, 2 glass fronted fridges, double sink and drainer, wash hand basin etc.
Fully tiled ladies' and gentlemen's cloakrooms
Location : Situated in a parade, excellent main road trading position, SURREY
Opening Hours : 11 a.m. - 11 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. (takeaway plus restaurant area). We are further advised that no deliveries are at present undertaken and in our opinion there is potential for deliveries if desired. Gross profit 65% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a current rental of £20,000 p.a. exclusive of rates. We understand the rent is currently under review for the next 5 years, however, the present owner does not anticipate any further increase in the rent for the following 5 years. We are further advised that the rent reviews are every 5 years.
Uniform Business Rates: £3,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The Resturant is at present operated under management. 4 full time staff employed. 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 | | | | | | | | | | | |
