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Reference : R7268

Situated in a parade, excellent main road trading position, sought after SURREY TOWN (Please register to make appointments and view addresses)

WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of additional catering. (We understand the turnover in respect of Catering at the present time is only in the region of £500 p.w). We are further advised that the trading and profit and loss accounts for year ending 5th April, 2007 showed £289,839 with a gross profit of £178,569.

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £270,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Spacious ground floor Wine Bar (can be completely open front, subject to weather permitting). CCTV System. Fully carpeted. Bar stools plus additional seating for approx. 24 persons. Ample standing area for approx. 50 persons. Large bar, with wooden servery, hand pumps, optics, 2 double door glass fronted counter fridges, glass washer, 2 wash basins. 42" Plasma Screen plus music system.

Ladies' cloakroom with tiled walls, non-slip floor, w.c. and wash hand basin
Gentleman's cloakroom with tiled walls, non-slip floor, w.c. urinal, wash hand basin

Beer Cellar with ice machine and beer cooler
Beer Store Cupboard

Stairs to first floor Restaurant with woodstrip floor. Tables and chairs providing seating for 36 persons.

Large commercial kitchen with quarry tiled floor, tiled walls. The equipment includes extractor unit, large charcoal grill, 6-burner gas cooker with oven, grill, stainless steel tables, 2 upright fridges, 2 upright deep freezes, chest deep freeze. Dumb waiter to ground floor. Fire exit to ground floor.

Second Floor -

Ladies' cloakroom with 2 w.c's, 2 wash hand basins
Gentlemen's cloakroom with w.c. 2 urinals, wash hand basin

Large storage room plus office with safe

The business is at present operated by a lady vendor with the assistance of 1 full time manager, 3/4 part time bar maids plus 1 part time chef. Wages paid in the region of £950 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

12 noon - 11 p.m. seven days per week.
(Please note the premises are Licensed until 12 midnight)

We understand the premises are held on a secure renewable lease for a period of 20 years from the 31st October, 2005 at a rental of £26,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,500 p.a. approx. + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

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