Top-Rated Burger Restaurant in Epsom Surrey with Seating for 86 On Sale
Epsom, Surrey
- Status
FOR SALE
- Advert ID
617963
- Leasehold: £195,000 (Stock at valuation)
- Rent: £48,000 (£4,000 per month)
- Turnover: £700,000 (Ā£13,462 per week)
- Profit: On request
Key Features
- New Lease
- Accounts Available
- Fully Fitted
- Town Centre location
Business Details
Burger Restaurant, Surrey
Features
Licensed & Award Winning Quality Burger Restaurant
Sales area in the region of 1,750 ftĀ²
Modern double door entrance to contemorary restaurant premises, hardwood flooring, suspended ceiling with spot lights and down lights.
Customer waiting area.
Quality tables and chairs seating 86 people.
Bar - 2 EPOS cash registers. Under counter fridges, espresso machine, glass washer, wash hand basin, milkshake machine, Gelato display freezer.
Ladies cloakroom with toilet and wash hand basin.
Gentlemans cloakroom with toilet and wash hand basin.
Disabled cloakroom with cloakroom with toilet, wash hand basin and baby change facility.
Professional catering kitchen - Stainless steel extractor, salamander (electric), double basket single well deep fat fryer, double basket deep fat fryer, 900 gas griddle and up stand, 600 blue seal gas griddle, tripple door preperation fridge, three door under counter fridge, 2 door preperation fridge, 2 door counter fridge, single door counter freezer, turbo fan oven, microwave, robo coupe, dhiswasher, 3 preparation sinks, hand wash basin, etc
Walkin fridge.
2 Dry stores with 4 standing freezers, 4 chest freezers and shelving.
Office.
Turnover
Turnover currently averages Ā£13,000 p.w. increasing. Historically the unit has achieved sales of Ā£22,000 pw with a Gross profit of 65% approx.
Staff
The business is at present operated by the vendor with the assistance of 2 full time and 11 part time staff employed.
We are informed the wage bill averages Ā£3,000 p.w. approx.
Trading Hours
7 Day week
SUNDAY - THURSDAY 12 noon - 9 pm
FRIDAY & SATURDAY 12 noon - 10 pm
Outside
Refuse store.
2 Dedicated parking spaces to rear.
Tenure
The premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2000 with reviews every 5 years (next review 2025) at a current rent of Ā£48,000 p.a. plus VAT.
The Landlord is prepared to grant, to an approved applicant, a new 15 years lease, with rent reviews every 5 years, at a rent of Ā£50,000 pa plus VAT.
The Landlord requires a 6 months rent deposit inclusive of VAT (Ā£28,000)
EPC Rating C (63)
In addition there is a Service charge of Ā£9,400 p.a. approx.
Business Rates from April 2022 Ā£10,540 approx. (Please contact local authority to confirm) - (2024 Rates are presently being assessed)
THE PRESENT OWNERS ESTABLISHED THE BUSINESS IN 2012 AND HAVE REOCCUPIED THE PREMISES RECENTLY.
Price
TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS Ā£195,000 plus STOCK AT VALUATION
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
