Mediterranean Restaurant and Takeaway for Lease in Baldock Hertfordshire
Baldock, Hertfordshire
- Status
FOR SALE
- Advert ID
656092
- Leasehold: £115,000 (Stock at valuation)
- Rent: £17,500 (£1,458 per month)
- Turnover: £200,000 (£3,846 per week)
- Profit: On request
Key Features
- Integrated security system
- Inventory and fittings included
- Leasehold with fixtures included
- Licensed to serve alcohol
Business Details
Established Mediterranean Restaurant & Takeaway – Baldock
Established Mediterranean Restaurant, Takeaway & Bar – Baldock
Leasehold Opportunity – Asking Price £115,000
An excellent opportunity to take over an established and fully fitted Mediterranean restaurant, takeaway and bar in Baldock, SG7.
The sale is for the restaurant operation, leasehold interest, fixtures, fittings and equipment only. The existing company is not included in the sale.
Key Features
- Established Mediterranean restaurant and takeaway
- Baldock, SG7
- Approximately 1,500 sq ft
- Ground-floor takeaway and fully fitted commercial kitchen
- Basement bar and dining area
- Approximately 70–80 covers
- Turnover £200,000 per annum
- Typical weekly turnover £4,000–£7,000
- Annual rent approximately £17,500
- Approximately 10 years remaining on lease
- Nil business rates
- Alcohol licence in place
- Fully fitted professional commercial kitchen
- Complete restaurant fixtures, fittings and equipment included
- Established takeaway and delivery operation
- Delivery platforms already in place
- Trading approximately 12 noon – 11pm
- Good potential for further growth
Professional Kitchen & Equipment
The restaurant benefits from a comprehensive commercial kitchen and catering setup, including:
- Stone-baked pizza oven
- Dedicated charcoal grill station
- Doner rotisserie station
- Walk-in chiller
- Commercial dishwasher
- Commercial glass washer
- Commercial ice machines
- Fully fitted commercial kitchen
- Additional professional catering equipment and refrigeration
- Restaurant fixtures and fittings
The extensive existing fit-out means a new operator can take over a ready-to-trade restaurant operation without the need for a major kitchen installation or refurbishment.
Premises
The property provides approximately 1,500 sq ft arranged over two levels.
The ground floor incorporates the takeaway operation and fully fitted commercial kitchen, including the pizza oven, charcoal grill, doner rotisserie and professional catering facilities.
The basement provides the main bar and dining area, offering approximately 70–80 covers and creating a dedicated customer dining environment.
Financial Information
Asking Price: £115,000
Turnover: £200,000 per annum
Weekly Turnover: Approximately £4,000–£7,000
Annual Rent: £17,500
Business Rates: Nil
Lease: Approximately 10 years remaining
Further financial information can be provided to genuinely interested parties.
Growth Potential
There is good potential to increase turnover through additional marketing, expanding takeaway and delivery sales, developing the dine-in and bar operation, extending the customer base and introducing additional trading opportunities.
Sale Details
The sale includes the restaurant leasehold interest, fixtures, fittings, commercial kitchen equipment and restaurant assets required to continue operating the business.
The existing limited company is NOT included in the sale.
Reason for Sale
The restaurant is being offered for sale due to relocation.
Viewing
Viewing is strictly by appointment.
Asking Price: £115,000
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Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.'.
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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.
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