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Spacious Licensed Restaurant (recently Closed)

Undisclosed Surrey
Situated in a parade, excellent trading position, close to Railway Station, SURREY

ADVERT NUMBER : 47381
ADVERT IMPRESSIONS : 16,443 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Agent Sale

LEASEHOLD:

£70000
 

BUSINESS DETAILS:

Features : Outstanding opportunity to acquire an old established Licensed Restaurant, at present Italian cuisine, which could obviously be continued, however, in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired. Also in our opinion in view of the excellent main road trading position there is potential to develop the premises as a Wine Bar, if desired.

SPACIOUS DOUBLE FRONTED RESTAURANT, split level at rear. Air conditioned. Fully carpeted, ceiling plus wall lighting. Tables and chairs providing seating for 54 persons. Bar with glass washer, ice machine, sink, small fridge, 2 group coffee machine, coffee grinder, upright glass fronted wine fridge etc.

Level kitchen with tiled floor, stainless steel equipment. The equipment includes 6-burner gas cooker with double oven, 4-pot bain marie, electric double deep fryer, solid top glass cooker, 1 upright stainless steel fridge, 1 upright double door stainless steel fridge, 3-door stainless steel counter fridge, stainless steel table, double sink and drainer etc.

Carpeted staircase to basement

Ladies' cloakroom with ceramic tiled floor, w.c. and wash hand basin
Gentlemen's cloakroom with w.c. 2 urinals, wash hand basin

Separate area for customer's coats

2 large storerooms. In our opinion these rooms have potential to be developed as an additional restaurant area or indeed for the kitchen to be re-located to this area, subject to planning permission. Obviously if the kitchen is moved from the ground floor to this area, the ground floor restaurant seating capacity could be increased.

Location : Situated in a parade, excellent trading position, close to Railway Station, SURREY

Opening Hours : When trading
Operated 6 evenings per week only -
Monday - Saturday inclusive - 6.30 p.m. - 10.30 p.m. (last orders)
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours

Turnover : The Restaurant has recently been closed, however, we understand the turnover when trading was in the region of £2,000/£3,000 p.w. In our opinion in view of the excellent trading position, the business offers tremendous potential in the right hands.

Tenure : We understand the premises are held on a new 12 years lease from the 24th December, 2009 at a rental of £22,000 p.a. exclusive of rates plus VAT for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £5,786 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £70,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

   
  SOLD or WITHDRAWN FROM MARKET
 
 
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