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WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Listed Building approx. 200 years old, the Restaurant is part of a Georgian Terrace.
SINGLE FRONTED RESTAURANT with wooden floor. Tables and chairs providing seating for 45 persons. Bar.
Basement kitchen with quarry tiled floor. The equipment includes 6-burner gas cooker, solid top cooker, deep fryer, 2 door under-counter stainless steel fridge, upright stainless steel fridge, sink and drainer, 3 deep freezes.
Preparation area with double sink and drainer
First floor Ladies' and gentlemen's cloakrooms
Staff
The Restaurant is at present operated by a husband and wife team with the assistance of 2 full time and 4 part time staff.
It will be appreciated upon inspection that there is potential for additional opening hours, especially with lunch time opening
Accommodation
The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Kitchen
It will be appreciated upon inspection that part of the restaurant could be utilised as a living room area.
Outside
Small yard at rear
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of £8,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £860 p.a. approx. (after small business relief)
