Most Attractive Olde Worlde Licensed Restaurant | | Undisclosed Somerset | | End of terrace, sought after BRISTOL, | | ADVERT NUMBER : 60750
ADVERT IMPRESSIONS : 13,419 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a most attractive Licensed Restaurant established as Thai cuisine approximately 17 years ago which could obviously be continued and in our opinion in view of the excellent trading position there is potential for other types of cuisine, if desired.
This most attractive stonebuilt property we understand is approximately 500 years old and contains a wealth of oak beams.
GROUND FLOOR FULLY CARPETED RESTAURANT with a wealth of oak beams, ston fireplace (not used) plus additional large open fireplace (also not used). Tables and chairs providing seating for 34 persons. Servery with coffee machine, sink, single door glass fronted drinks fridge, ice machine, beer fridge.
Attractive staircase to first floor providing additional RESTAURANT area with a wealth of oak beams, fully carpeted. Tables and chairs also for approximately 34 persons.
Ground floor ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN with non-slip floor. The equipment includes stainless steel extractor, 5-burner Chinese cooker, 4-burner gas cooker, double deep fryer, rice cooker, 1 chest deep freeze, 2 upright deep freezes, 1 small deep freeze, 2 fridges, 2 double sinks each with drainer.
First floor storeroom with chest deep freeze, 1 upright deep freeze
Location : End of terrace, sought after BRISTOL,
Opening Hours : Monday - Saturday inclusive - lunches - 12 noon - 2.30 p.m. evenings - 6 p.m. - 11.30 p.m.
Sunday - evenings only - 6 p.m. - 11.30 p.m.
Turnover : WE ARE INFORMED the turnover currently averages £3,500 p.w. including takeaway, in our opinion offering tremendous potential for further development in the right hands. Gross profit 65% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £27,000 p.a. exclusive of rates. We understand the rental is linked to inflation and can be increased each year.
Uniform Business Rates we understand £3,800 p.a. approx.
THIS MOST ATTRACTIVE LICENSED RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The limited accommodation at present utilized by staff and situated on the first floor comprises:
1 Double Bedroom
Shower plus w.c.
Staff : The Restaurant is at present operated by a lady vendor with the assistance of 2 full time chefs plus 2 full time waitresses. 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 | | | | | | | | | | | |
