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Related Ads > Essex Business for Sale > Fast Food to Lease > Fast Food in Essex for Sale 

Attractive Detached Licensed Restaurant

Undisclosed Essex
Sought after position, ESSEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69891
ADVERT IMPRESSIONS : 12,937 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£50000
 

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BUSINESS DETAILS:

Features : We understand the premises have A3/A5 use previously trading as a Coffee Shop and opened by the present owner as an Indian Restaurant approximately 3 months ago. In our opinion the Restaurant has terrific potential for further increase in the right hands especially as Chinese or Mexican cuisine..

Tarmaced Car Park for approximately 20 cars

RESTAURANT with woodstrip floor, 2 beams to ceiling, wall and ceiling lighting. Tables and chairs providing seating for 70 persons. BAR with 1 hand pump, 2 double door glass fronted counter fridges, sink, glasswasher.

SEPARATE ROOM with woodstrip floor. Tables and chairs providing seating for an additional 20 persons, ideal for private parties.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

WELL EQUIPPED FIRST FLOOR KITCHEN with non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, stainless steel tables, 2 stainless steel fridges, 1 chest deep freeze, double sink and drainer.

ADDITIONAL PREPARATION KITCHEN with double sink and drainer

Location : Sought after position, ESSEX

Opening Hours : Sunday - Thursday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m.
Friday & Saturday - 12 noon - 2.30 p.m. & 5.30 p.m. - 11.30 p.m.
We understand from the present owner the business licensed to be open until 3 a.m. if desired.

Turnover : WE ARE INFORMED the turnover currently averages £2,500 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, the present lease having approximately 14½ years unexpired at a current rental of £18,200 p.a. plus VAT, exclusive of rates, with rent reviews every 3 years.

Uniform Business Rates: £3,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation comprises:

5 Bedrooms (2 doubles, 2 singles plus 1 large attic room)
Bathroom with bath, w.c. and wash hand basin

Staff : The restaurant is at present operated by the vendor with the assistance of 5 staff employed.
   
  FOR SALE
   

REFERENCE:

R2987 / RightBiz
   
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