Recently Opened Licensed Italian Restaurant Plus Takeaway Section | | Undisclosed Suffolk | | Situated in a parade, excellent trading position, market town, SUFFOLK | | ADVERT NUMBER : 66757
ADVERT IMPRESSIONS : 13,324 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £79950 | | | | | BUSINESS DETAILS: | Features : We understand the premises have A3 & A5 use.
The Restaurant was established by the present owners approximately 1 year ago and in our opinion offers tremendous potential for further development in the right hands.
Front area with space for tables and chairs for 10 persons
ATTRACTIVE SINGLE FRONTED RESTAURANT with woodstrip floor, ceiling lighting. Tables and chairs for 34 persons.
ADJOINING TAKEAWAY SECTION with separate front entrance.
REAR LEVEL KITCHEN with non-slip floor. Well equipped including 2-deck pizza oven, 2-door refrigerated making table, grill, double deep fryer, pasta boiler, electric cooker with hob, 2-door stainless steel counter fridge, hotplate, 2 chest deep freezes etc.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Location : Situated in a parade, excellent trading position, market town, SUFFOLK
Opening Hours : Monday - Friday inclusive - 11 a.m. - 2.30 p.m. & 5 p.m. - 10 p.m.
Saturday opening - 11 a.m. - 10 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Included in the turnover is Takeaway & Delivery. Gross profit 67% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £11,700 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,600 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor with the assistance of staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
