Spacious Old Established Licensed Restaurant Plus Takeaway | | Undisclosed Norfolk | | Situated in a parade, excellent main road trading position, close to City Centre, NORFOLK | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66627
ADVERT IMPRESSIONS : 13,880 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £49500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Established by the present owner approx. 30 years ago as Greek cuisine, which could obviously be continued and in our opinion, in view of the excellent main road trading position, being situated with several clubs and restaurants close by, there is potential for other types of cuisine, if desired. We further understand from the present owner that the premises can be converted into a night club if desired.
Spacious Restaurant. Front bar area with marble tiled floor. Seating for 10/12 persons. Bar with 1 hand pump.
Rear Restaurant with tables and chairs providing seating for approx. 80 persons.
Commercial kitchen with industrial non-slip floor. Fully equipped including 1 6-burner gas cooker, deep fryer, doner kebab machine, stainless steel extractor unit, 4 fridges, deep freeze, stainless steel tables, double sink and drainer.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. urinal and wash hand basin
Location : Situated in a parade, excellent main road trading position, close to City Centre, NORFOLK
Opening Hours : Monday - Saturday inclusive - 6.30 p.m. - 12 midnight, 6 evenings per week.
On Friday & Saturday the Takeaway Section of the business is open until 3 a.m.
It should be noted that the business can remain open for Takeaway until 4 a.m. each day and with several clubs in the area, there is potential in this direction, if desired.
Turnover : WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profi 65% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the Restaurant Area, at a rental of £22,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £7,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 OR NEAR OFFER, plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by a husband and wife team with the assistance of 3 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | R2734 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
