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viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
The Restaurant is situated close to a Public Car Park (Pay & Display)
DOUBLE FRONTED RESTAURANT with wooden floor. Tables and chairs providing seating for 40 persons (can be increased). Wall and ceiling lighting. Bar area with bar, 2 group coffee machine, glass washer, sink, 2 single door glass fronted counter fridges.
Service area with 1 upright glass fronted display fridge, deep freeze.
Ladies'/disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin
Level kitchen. The equipment includes 6-burner gas cooker with oven, 4-burner gas cooker with oven, double deep fryer, 1 deep freeze, upright double door stainless steel fridge, 2 large stainless steel tables, 2 small stainless steel tables, double sink and drainer, dishwasher etc.
Cellar providing storage area with fridge and deep freeze
Staff
The Restaurant is at present operated by the vendor with the assistance of 2 full time chefs plus 3 part time staff.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen
Tenure
We understand the premises are held on a secure renewable lease for a period of 40 years from December, 1989 at a rental of £19,500 p.a. exclusive of rates up to December, 2009, increasing at that time to £19,750 p.a. exclusive of rates up to December, 2010, increasing at that time to £20,000 p.a. exclusive of rates up to December, 2011, with rent review at that time and thereafter every 5 years.
