Enjoying a prominent position close to the sea front, EAST YORKSHIRE.
ATTRACTIVE RESTAURANT with laminated strip floor, wall and ceiling lighting. Tables and chairs providing seating for 34 persons. Bar with 2 hand pumps, touch screen till with printers, glasswasher, 2 double door glass fronted counter fridges etc.
2 fully tiled cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN with non slip floor. The equipment includes 6-burner gas cooker, gas charcoal grill, 3 single deep fryers, 2 sliding double door glass fronted fridges, 1 additional fridge, 2 chest deep freezes, 1 upright deep freeze, large sink additional sink, wash hand basin, dishwasher, ice machine.
We understand the vendor enjoys a healthy turnover, full details of which will be discussed on inspection.
The business is at present operated by the vendor with the assistance of 2 waitresses plus 2 kitchen staff and 1 kitchen porter plus additional part time staff when required.
Summer Months & All School Holidays
12 noon - 11 p.m. seven days per week
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
Large Dining Room
Master Double Bedroom
Bathroom with bath, shower over bath, w.c. and wash hand basin
Additional separate w.c.
In addition there is a storeroom on the first floor
1 Double Bedroom
2 Single Bedrooms
In addition there is a large attic
Yard at rear.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease in respect of the Restaurant at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (The vendor is also prepared to grant a shorter lease if required).
Should the accommodation over be required this would be available as an optional extra at an additional rental of £600 per month.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Please call 020 8763 1777 for an appointment to view