Attractive And Spacious Licensed Restaurant | | Undisclosed Dorset | | Situated in a parade, excellent High Street trading position, close to the Quay DORSET. | | ADVERT NUMBER : 56447
ADVERT IMPRESSIONS : 17,039 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £185000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire an old established Fish Restaurant, which has been in the same hands for the past 11 years and there are genuine reasons for sale.
SPACIOUS DOUBLE FRONTED RESTAURANT with woodstrip floor, attractive brick and stone walls, hanging ceiling lighting, ceiling fan. Full Gas Fired Central Heating, Tables and chairs providing seating for 50 persons. Bar with optics, upright sliding double door glass fronted display fridge, upright single door wine fridge, wine racks.
SERVERY AREA with 2 group coffee machine, coffee grinder, fridge.
Stairs to first floor LARGE FRONT ROOM providing an additional Restaurant area with space for tables and chairs for 30 persons. This area is only used on occasions.
GROUND FLOOR LEVEL COMMERCIAL KITCHEN with tiled floor, tiled walls and fully equipped including 2 6-burner gas cookers, 1 electric double deep fryer, single door fish fridge, 4-door stainless steel counter fridge, 2 microwave ovens, glasswasher, dishwasher, new ice cream machine.
Rear section with glass fronted fridge, work surfaces, upright stainless steel fridge, upright stainless steel deep freeze, small chest deep freeze.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin (newly fitted approx. 1 year ago)
Location : Situated in a parade, excellent High Street trading position, close to the Quay DORSET.
Opening Hours : Summer Months - Easter - end of October -
Monday - Saturday inclusive 12 noon - 2.30 p.m. & 5.30 p.m. - 10 p.m. (last orders)
Sunday - Evenings only 5.30 p.m. - 10 p.m. (last orders)
Winter Months same as summer months with the exception of the month of November when the Restaurant closes at lunchtime with the exception of Friday & Saturday when the Restaurant opens from 12 noon - 2.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 30th November, 2009 showed £340,361 with a gross profit of £228,127.
Tenure : We understand the premises are held on a secure renewable lease having approximately 10 years unexpired at a current rental of £18,800 p.a. exclusive of rates, with rent reviews every 3 years. We further understand that a new longer lease could be available from the landlords if required at approximately the same rent.
OUTSTANDING OPPORTUNITY TO ACQUIRE A QUALTIY LICENSED RESTAURANT IN THIS SOUGHT AFTER TRADING POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : Situated on the first floor and to the rear of the first floor restaurant area is a bathroom with bath, separate shower, w.c. and wash hand basin. In addition there is a kitchen in the course of being fully fitted plus rear first floor patio area.
Second Floor 2 additional rooms
It will be appreciated upon inspection that the first and second floors could readily be utilized as private living accommodation and in opinion would benefit from the first floor restaurant area being also utilized as private accommodation.
Staff : The business is at present operated by the owners on a part time basis with the assistance of 1 full time plus 2 part time chefs plus 2 part time kitchen porters plus in the restaurant area 1 full time and 3 part time waiters with additional staff employed during the summer months. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
