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Licensed Surrey Restaurant for Sale with High Weekly Turnover and Accommodation

Undisclosed, Surrey
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Licensed Restaurant for SaleLicensed Restaurant for SaleLicensed Restaurant for Sale
  • Status

    FOR SALE

  • Date Submitted:

    08/05/12

  • Advert ID

    76404

  • Reference

    R3270 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,200,000
  • Leasehold: £200,000
  • Turnover: £520,000 (£10,000 Per week)
  • Net Profit: Not Applicable

Business Details

Licensed Restaurant for Sale

WE ARE INFORMED the turnover currently averages £10,000 per week including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands. FEATURES:
At present Indian cuisine, which can obviously be continued & in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT, tinted glass windows, quarry tiled floor. 2 air conditioning/heating units. Full Gas Fired Central Heating. Quality tables and chairs providing seating for 85 persons (can be increased to accommodate 110 persons. NEW BAR, 2 hand pumps, electronic cash register, glasswasher, icemaker, double door glass fronted counter fridge, 1 3-door stainless steel counter fridge, additional section used as a servery area with 2 group coffee machine, ice cream display counter, shelving, cool display unit.

Fully tiled ladies' cloakroom with 2 w.c's, wash hand basin
Fully tiled gentlemen's cloakroom with w.c. urinal, wash hand basin

LEVEL KITCHEN fully equipped including Tandoori oven, Chester 6-burner cooker with oven, additional 6-burner cooker with oven, stainless steel extractor, 1 upright double door stainless steel fridge, 1 stainless steel single door fridge, deep fryer, double sink and drainer, 3 stainless steel tables, walk-in coldroom, walk-in deep freeze etc. ACCOMMODATION:
INCLUDED IN THE FREEHOLD is the accommodation in the form of 3 SELF CONTAINED FLATS over, comprising:

Flat No. 1 with FULL GAS FIRED CENTRAL HEATING, at present let on a shorthold tenany & providing a rental income of £1,200 per month, however, we understand vacant possession can be given on completion, if required, comprises:

3 bedrooms (2 very large doubles plus 1 additional double)
Bathroom with bath, w.c. and wash hand basin
Kitchen with fitted units

Second Flat also at present let on a shorthold tenancy and providing a rental income of £1,000 per month, however, we understand vacant possession can be given on completion if required, comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge/Dining Room
Kitchen with fitted units

Third Flat which could also be let to provide a rental income, comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen PRICE:
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE FREEHOLD PROPERTY (to include the 3 flats), GOODWILL, FIXTURES & FITTINGS £1.2 million plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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.'.

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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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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.

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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 £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.

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The data showed regarding this advert 'Licensed Restaurant for Sale - R3270 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.