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Restaurant for sale in Warwickshire

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Reference : R8323

ESTABLISHED LICENSED ITALIAN 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
 

Location

Courtyard, residential, office and commercial area, WARWICKSHIRE (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £1,200 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 £69,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Features

DOUBLE FRONTED MEDIUM SIZED PREMISES, storage heaters, wood strip floor floor, vaulted ceiling with concealed lighting and chandelier. Tables and chairs providing seating for 28 people. Fully equipped including, bar, electronic cash register, freezer, sink etc.

Separate level kitchen with 6-burner gas cooker, hot cupboard, stainless steel extractor canopy, stainless steel worktops, stainless steel double sink and drainer and separate wash hand basin, dairy and meat fridge, food slicer etc.

Staff

The business is at present operated by the vendor, with the assistance of 1 chef full time and an additional 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

6 Day week (Monday - Saturday) 7 p.m - 11 p.m Scope for lunch time opening.

Outside

Outside tables and chairs providing seating for 16 people
Car park at rear of the courtyard plus additional car park nearby.

Tenure

We understand the premises are held on a secure renewable lease, having approx. 6 months unexpired at a rental of £7,780 p.a. exclusive of rates, with rent to be agreed thereafter.

Uniform Business Rates: £2,700 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST YEAR AND IS NOW SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S ILL HEALTH.

Reference : R8323

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Restaurant for sale
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Catering Businesses for sale include:
 A3 / A5 Premises
 
Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
 Cycle Shops
 Discount Shops
 Dry Cleaners
 
Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
 Hair & Beauty
 
Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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