Double fronted, medium sized premises, Gas Fired Central Heating, wood strip floor, high ceiling with lighting.
THE BAR AREA
Spacious Bar area, electronic cash register, wine cooler, etc.
THE KITCHEN AREA
Separate level kitchen, 6-burner gas cooker, 4 fridge / 3 freezer, stainless steel extractor canopy, 2 commercial microwave, glass washer, double sink and drainer and separate wash hand basin, 3 stainless steel preparation table, etc.
* Tables and chairs providing seating for 60 people
* Basement, used for storage purposes.
* Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin.
Turnover
WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. Gross profit 65% - 70% approx. We are informed the business is 70% food lead.
Staff
The business is at present operated by the vendor, with the assistance of 2 full time and an additional 3 part time staff employed as required.
We understand the premises are held on a secure renewable lease, having approx. 14½ years unexpired at a rental of £15,000 p.a. exclusive of rates next rent review in 2½ years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £5,000 p.a. approx. plus water rates.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£1,200 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
