Outstanding Moroccan Themed Restaurant For Sale In York | | York North Yorkshire | | This really is a most appealing licensed restaurant being, as far as we are aware, the only Moroccan themed restaurant in the area. No expense has been spared in creating a typically north African ambience and you simply cannot fail but to be impressed. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71642
ADVERT IMPRESSIONS : 7,759 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | ASKING PRICE: | £84950 | ANNUAL RENT: | Price On Application | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | This really is a most appealing licensed restaurant being, as far as we are aware, the only Moroccan themed restaurant in the area. No expense has been spared in creating a typically north African ambience and you simply cannot fail but to be impressed when entering the premises. The owner has developed his own niche in the market and customers now come from far and wide to sample the authentic Moroccan cuisine. Viewing is essential here, and the sale is only prompted by a change in the owners family circumstances. There is currently a first floor flat with the restaurant which, it is intended, will be converted to create more ancillary restaurant space including a bar, subject to any necessary consents.
ACCOMMODATION ( note, all dimensions are approximate )
Restaurant having covers for 30 but can accommodate a few more, divided into front and rear seating areas. Bar area with cash register, coffee machine and cctv monitor and cameras.
Link passage with shelving and cold drinks fridge.
Kitchen fully equipped with stainless steel catering equipment including full extraction facilities, sink unit, 8 burner gas hob, Stone based pizza oven, under counter fridge, toppings fridge, various smaller items.
Ladies and Gents WC’s
First Floor
Currently unused, but offering potential for extending the restaurant subject to consents.
Comprising of front room, rear room, kitchen and shower room/wc.
RATES
The restaurant premises are shown on the Valuation Office rating web site to have a RV of £7900. Rates payable 2011/2012 £ 3365.40 less any Government rates relief applicable.
LEASE
The restaurant is held on a lease understood to be for 15 years from September 2006 on internal repairing and insuring terms at a rent of £10,600pa. Additional rent is payable for the upper floor, and we understand that the total rent payable is £1500 per month. Please note that we have not seen any documentation therefore this information requires confirmation.
BUSINESS
Accounts for Year ended 31st December 2011 show turnover of £114,374 and a gross profit of £73,436. Net profit, based on these accounts, after adjustments, and projected for a full 12 months, should be around £50,000. Full accounts information can be made available to genuinely interested parties after viewing the business.
PRICE
We are seeking the sum of £84,940 for this superb concern to include all fixtures and fittings as seen.
IMPORTANT
Where staff are employed in a business, it is possible that they are unaware of any impending sale,therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.
VAT.
All prices and rents are deemed to be exclusive of any VAT which may apply
NOTE
Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided. We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. | | | | | | FOR SALE | | | | | REFERENCE: | C 707 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
