Most Superior And Spacious Licensed Italian Restaurant. We Understand The Premises Have A Full On Licence Plus Live Music Licence. | | Undisclosed Cambridgeshire | | Situated in a parade, excellent trading position, close to main shopping centre, bus and railway station, CAMBRIDGESHIRE. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66663
ADVERT IMPRESSIONS : 10,224 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a spacious Licensed Restaurant. We understand the entire property was virtually rebuilt approximately 10 years ago.
MOST ATTRACTIVE RESTAURANT with ceramic tiled floor, ceiling and wall lighting. Reception area with 2-group coffee machine, electronic cash register, large sweet cool display unit. Quality tables and chairs providing seating for 70 persons.
Attractive spiral staircase to first floor providing additional seating area with wooden floor, new large bar with optics, 4 door glass fronted counter display fridge, 5 door stainless steel drinks counter fridge with 2 drawer section. Tables and chairs providing seating for an additional30 persons.
Fully tiled gentlemen's cloakroom with w.c., 2 urinals, wash hand basin, electric hand dryer.
Fully tiled ladies' cloakroom with 2 w.c's, 2 wash hand basins, electric hand dryer.
To the rear of the ground floor restaurant is a fully equipped open plan level kitchen, the equipment includes, large pizza oven, pasta cooker, 6-burner gas hob, new large steak grill, new double deep fryer, 3 door stainless steel salad cool counter, pasta cool counter, pizza counter.
Rear wash up area with commercial dishwasher, 1 large fridge, 1 small fridge, single sink and drainer.
Staff w.c. and wash hand basin.
Location : Situated in a parade, excellent trading position, close to main shopping centre, bus and railway station, CAMBRIDGESHIRE.
Opening Hours : Monday - Saturday inclusive -
12 noon - 3 p.m. & 5.30 p.m. - 11 p.m. (last orders).
In addition on Friday & Saturday evening, the Bar area remains open to 1.30 a.m.
Sunday opening - 5.30 p.m. - 11 p.m.
Turnover : WE ARE INFORMED the turnover currently averages £5,500 p.w. in our opinion offering tremendous potential to further increase in the right hands. Gross profit 65% approx.
Tenure : We understand the entire premises are held on a secure renewable full repairing and insuring lease having approximately 15 years unexpired at a rental of £44,400 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £12,353 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REDUCED FOR EARLY SALE
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The quite outstanding living accommodation comprises:
2 Luxury Apartments, the first is situated on the 2nd floor and the second is situated on the 3rd floor with separate access from ground floor level. Each apartment is well fitted and has the benefit of Full Gas Fired Central Heating. Each comprise:
2 Double Bedrooms
Fully tiled spacious bathroom with bath, separate shower unit, w.c. wash hand basin
Fully fitted kitchen
One of the apartments is at present let on a short-hold tenancy and provides a rental income of £500 per month, however, we understand that vacant possession can be given on completion, if required.
Staff : The Business is at present operated under management. Staff employed: 2 full time managers, 2 chefs plus 5 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | FOR SALE | | | | | REFERENCE: | R2742 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
