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WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand approx. 25% of the turnover is in respect of catering). Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Full On Licence.
Front area with space for 2 tables and 4 chairs to -
Spacious double fronted premises. Licensed for up to 80 persons. Tables and chairs plus armchairs for 30 persons (can be increased to accommodate 50/60 persons). Attractive ceiling with spotlighting. Bar/Counter with attractive Brazillian oak top, 2 hand pumps, sink, mirror-backed shelving.
Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin
Rear spacious kitchen with tiled floor, stainless steel extractor unit, sink and drainer, deep fryer, 2 grills, microwave oven, ice machine, gas cooker, double panini toaster, chest deep freeze, fridge/freezer, dishwasher etc.
Staff
The business is at present operated by 2 partners with the assistance of 3 part time staff.
Opening
Hours
10 a.m. - 11.30 p.m. Sunday - Thursday
10 a.m. - 2 a.m. Friday - Saturday
(We understand that the busines, if desired, can be open from 8 a.m. - 12 midnight from Sunday - Thursday and on Friday & Saturday can be open until 2 a.m. in the morning).
Tenure
We understand the premises are held on a secure renewable lease having approx, 17 years unexpired at a rental of £13,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,400 p.a. approx. + water rates
