Spacious Licensed Bar & Restaurant | | Undisclosed Hampshire | | Situated in a parade, excellent trading position, opposite Debenhams, HAMPSHIRE | | ADVERT NUMBER : 47248
ADVERT IMPRESSIONS : 28,418 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £39500 | | | | | BUSINESS DETAILS: | Features : We understand the premises have a Full On Licence and in our opinion there is terrific potential for additional opening hours, if desired.
SPACIOUS DOUBLE FRONTED BAR/RESTAURANT. Ground floor with suspended ceiling, concealed lighting. Air conditioning. Tables, chairs, upholstered bench seating plus breakfast bar with 5 chairs for a total of approx. 45 persons. Large cool display serveover counter, Lincat hotwater boiler, hot drinks dispenser, 2 electronic cash registers, fan assisted Garland electric oven, upright glass fronted drinks display fridge (on loan from Coca Cola).
Disabled cloakroom with w.c. and wash hand basin
STAIRCASE TO FIRST FLOOR providing an additional area ideal for functions, woodstrip floor. Air conditioning. Small stage. Bar with 6 hand pumps, 4 double door glass fronted counter fridges, 2 electronic cash registers, state of the arc stereo system.
Ladies' cloakroom with 3 w.c's, 2 wash hand basins with electric hand dryer
Gentlemen's cloakroom with 1 w.c. 3 urinals, wash hand basin with electric hand dryer
In additon on the first floor is a storeage area walk-in coldroom, chest deep freeze, upright deep freeze.
Ground floor large level kitchen with stainless steel cladding to walls, stainless steel extractor unit. The equipment includes 6-burner gas cooker with double oven, double deep fryer, griddle, 2 commercial microwave ovens, 9-pot bain marie, stainless steel table, upright double door stainless steel fridge, double sink and drainer.
Rear store area
Mezzanine floor with 2 chest deep freezes plus 1 upright deep freeze
Location : Situated in a parade, excellent trading position, opposite Debenhams, HAMPSHIRE
Opening Hours : Sunday - Friday inclusive - 8.30 a.m. - 4 p.m.
Saturday opening - 8.30 a.m. - 6 p.m.
It will be appreciated upon inspection that there is terrific potential for evening opening, if desired.
Turnover : WE ARE INFORMED the turnover averages £3,200 p.w. including approx. 6 functions per month. Gross profit 65/70% approx.
Tenure : We understand the present lease expired in May, 2010 and that the current rental is £14,400 p.a. We understand that a new lease is in the course of negotiation and we understand the landlords will grant, subject to satisfactory references, a new lease for up to a 20 year period at a maximum rental of £15,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,100 p.a. approx.
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Car parking at rear for 2 cars
Staff : The business is at present operated by 1 of the partners on a full time basis with the assistance of 4 part time staff. 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 | | | | | | | | | | | |
