Most Attractive Olde Worlde Licensed Restaurant, | | Undisclosed Essex | | Situated in a parade, excellent High Street trading position, sought after, ESSEX. | | ADVERT NUMBER : 53083
ADVERT IMPRESSIONS : 14,311 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £99500 | | | | | BUSINESS DETAILS: | Features : This most attractive olde worlde property, we understand, is approx. 400 years old and contains a wealth of oak beams and uprights. The restaurant has the benefit of a full on licence and is at present operated as a steak and fish restaurant with bar.
Shop front with 3 doors - can be open front, weather permitting. Attractive wood strip floor, beamed uprights, quality tables and chairs providing seating for 24 persons. Bar with attractive glass bottle front and marble top, computerised till, glass display shelving, 2 double door glass fronted counter fridges, 3 Group coffee machine, coffee grinder, glasswasher, sink.
Ladies' & gentlemen's cloakrooms, each with w.c. and wash hand basin.
From the front of the ground floor restaurant, is a staircase to the first floor, providing an additional restaurant area, with attractive wood strip floor, beamed ceiling and uprights. Tables and chairs providing seating for 40 persons.
Rear first floor kitchen with tiled floor. Well equipped including 6-burner gas cooker, double deep fryer, stainless steel extractor, 2 stainless steel 3-door counter fridges, with work surfaces, dishwasher, single sink and drainer, wash hand basin, plate warmer.
Storage area with 1 upright deep freeze, 1 chest deep freeze plus 1 fridge.
Location : Situated in a parade, excellent High Street trading position, sought after, ESSEX.
Opening Hours : Closed Sunday & Monday
Tuesday, Wednesday, Thursday, Friday & Saturday, open lunchtimes from 11 a.m. - 3 p.m. and 6 p.m. - late.
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65/70% approx.
Tenure : WE UNDERSTAND the premises are held on a secure renewable lease from a private landlord, the present lease having approx. 4.5 years unexpired, at a rental of £21,540 p.a. exc. of rates, fixed for the remainder of the term.
Uniform business rates £8,990 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
Price : PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £99,500 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Staff : The business is at present operated by the partners, with 1 full time chef, 1 apprentice chef, 1 part time washer-up, plus 1 part time waitress. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
