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Spacious Well Equipped Licensed Restaurant

Undisclosed Surrey
Situated in a parade, excellent main road trading position, SURREY
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 53043
ADVERT IMPRESSIONS : 2,822 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£164500
 

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BUSINESS DETAILS:

Features : At present Italian cuisine, specialising in pizzas, pasta etc. which could obviously be continued and in view of the excellent main road trading position, in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS SINGLE FRONTED RESTAURANT (partly open front - weather permitting) with woodstrip floor, high ceiling, air conditioning. Tables and chairs providing seating for 36 persons. Bar with electronic computerised till, double door glass fronted counter fridge, 2 group coffee machine.

Staircase to FIRST FLOOR AREA also with woodstrip floor and providing tables and chairs for an additional 30 persons.

Open plan level kitchen with tiled floor. The equipment includes 2-deck quality pizza oven, 3-door stainless steel counter fridge with marble top, work surfaces, 4-burner gas hob, wash hand basin, walk-in coldroom.

First floor wash-up area with tiled floor, sink and drainer, commercial dishwasher, 2 deep freezes, additional sink and drainer, stainless steel shelving.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Second Floor stockroom with 2 chest deep freezes, shelving

In addition on the second floor are 2 rooms plus a shower

Location : Situated in a parade, excellent main road trading position, SURREY

Opening Hours : Monday - Saturday inclusive - 11.30 a.m. - 11 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover currently averages £4,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

Tenure : We understand the premises are held on a secure renewable lease at a current rental of £23,000 p.a. exclusive of rates + VAT up to April, 2012, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,650 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £164,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Parking space for 1 car

Staff : The Restaurant is at present staff operated. Staff employed 2 full time chefs. Restaurant area 3 full time plus 2 part time waitresses. Wages paid in the region of £1,250 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

R1748 / RightBiz
   
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