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Reference : R8981

situated in a parade, excellent trading position, close to a Town Centre, HAMPSHIRE (Please register to make appointments and view addresses)

WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 69% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £167,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

No parking problems. Public Car Park nearby (Pay & Display)

Outstanding opportunity to acquire a most attractive Licensed Restaurant/Coffee Shop. English/Fench menu, mainly light catering including sandwiches, baguettes etc.

ATTRACTIVE SINGLE FRONTED RESTAURANT. Front area with wood block floor plus patterned tiles. Rear section with laminated strip floor. Tables and chairs providing seating for 52 persons. Cool display serveover counter, additional counter, orange juice machine, 2 group coffee machine, filter coffee machine, coffee grinder, hotwater boiler, ice machine, electronic cash register.

Galley kitchen with electric fan assisted oven, 2 electric hob units, 3-door stainless steel counter fridge, 2 microwave ovens, dishwasher, sink and drainer, 1 smal fridge, 1 small deep freeze, 1 fridge/freezer etc.

Storeroom with 4 upright deep freezes, 3 fridges

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

The business is at present operated by 2 partners with the assistance of 4 full time staff plus additional part time staff as and when required.

Monday - Saturday inclusive - 8 a.m.- 5 p.m.
Sunday opening - 9 a.m. - 3 p.m.

We understand the premises are held on a secure renewable lease, the present lease expiring in February, 2016 at a rental of £11,500 p.a. exclusive of rates up to the 1st June, 2009, increasing at that time to £12,500 p.a. exclusive of rates for the remainder of the term, subject to review.

Uniform Business Rates: £3,630 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

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