Attractive Virtually Detached Licensed Restaurant | | Undisclosed Hertfordshire | | Sought after residential area, not far from HERTFORDSHIRE | | ADVERT NUMBER : 56477
ADVERT IMPRESSIONS : 17,220 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £70000 | | | | | BUSINESS DETAILS: | Features : Mediterranean cuisine which we understand under the terms of the lease the Restaurant must continue to operate as Mediterranean/English cuisine.
ATTRACTIVE RESTAURANT with quarry tiled floor, ceiling lighting. Tables and chairs providing seating for 50 persons.
Fully tiled ladies' and gentleman's cloakrooms
LEVEL KITCHEN with non-slip floor. Well fitted including 6-burner gas cooker, double deep fryer, new pizza oven, refrigerated making table, 2 stainless steel fridges, char grill, 1 chest deep freeze, double sink and drainer etc.
Location : Sought after residential area, not far from HERTFORDSHIRE
Opening Hours : CLOSED ALL DAY MONDAY
Tuesday - Saturday inclusive - 12 noon - 2 p.m. & 5.30 p.m. - 9.30 p.m.
Sunday opening - 12 noon - 4 p.m.
Turnover : WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Tenure : We understand the premises are held on a secure renewable lease from a private landlady, the present lease having 11 years unexpired from November, 2010 at a rental of £18,000 p.a. exclusive of rates up to November, 2011, with rent review at that time and thereafter every 5 years.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Rear garden
Staff : The Restaurant is at present operated by the vendor with 1 full time waitress and 3 full time kitchen staff plus additional part time staff when required. 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 | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
