Attractive and spacious old established LICENSED RESTAURANT
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are informed the accounts for year ending March 2007 showed sales of £144.281 and a gross profit of £89,941.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Customer's car park at rear for approx. 12 cars
Spacious Restaurant with approx. 50ft main road frontage, fully carpeted, wall and ceiling lighting. Restaurant area with quality tables and chairs providing seating for 70 persons. 1 large cool display unit (for display of fish etc).
Large adjoining Lounge Bar area, fully carpeted. Tables and chairs providing seating for 35 persons. Bar with optics, mirror-backed shelving, 2 group coffee machine, sink. It will be appreciated upon inspection that the adjoining bar area could be combined into the restaurant area, if desired, increasing the overall seating capacity in the restaurant area to in excess of 100 persons.
Spacious Ladies' cloakroom with 2 w.c's, 2 wash hand basins, mirror
Gentlemen's cloakroom with 2 urinals, w.c. wash hand basin
In addition, adjacent to the Lounge Bar is a ladies' cloakroom with w.c. and wash hand basin plus a gentlemen's cloakroom with w.c. and wash hand basin
Large commercial kitchen with quarry tiled floor. Fully equipped including 1 Garland 6-burner gas cooker with 2 hotplates plus double oven, 1 6-burner gas cooker with double oven, 1 deep fryer, 2 salamanders, 1 large Williams double door stainless steel fridge, 1 Williams single door stainless steel fridge, 3 chest deep freezes, fan assisted convection oven, walk-in coldroom.
Wash-up area with Hobart dishwasher, double sink and drainer, 2 additional sinks with double drainer, wash hand basin.
Dry Good Store
Wine Store
Staff
The business is at present operated by the vendor who is a chef plus 1 full time second chef, 1 kitchen porter, 1 full time restaurant manager plus 1 full time waiter. Wages paid in the region of £800/£900 p.w.
The spacious living accommodation comprises 2 FLATS:
Flat No. 1.
4 double bedrooms
Shower room with shower, w.c. and wash hand basin plus additional separate shower
Kitchen
(2 of these rooms are at present let providing a rental income of £155 p.w. We are advised that the other 2 rooms could be let to provide an additional rental income of approx. £150 p.w). As will be appreciated with the 4 rooms let, the rental income from this flat alone would be in the region of £15,800 p.a.
Flat No. 2. At present utilised by staff comprises:
3 Double Bedrooms
Shower room with shower, w.c. and wash hand basin
Outside
Large Customer's Car Park at rear for approx. 12 cars
Tenure
We understand the premises are held on a secure renewable lease having approx. 12 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £4,300 p.a. approx. + water rates
