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WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Spacious double fronted Restaurant with woodstrip floor, wall and ceiling lighting. Bar with bar stools. Tables with benches providing seating for 75/80 persons.
Level kitchen with non-slip floor. The equipment includes 8-burner Chinese cooker, 6-burner gas cooker with oven, 2 deep fryers, 1 large double door stainless steel fridge, 2 chest deep freezes, 1 small chest deep freeze, 1 additional fridge, double sink and drainer, additional sink, wash hand basin etc.
Ladies' and gentlemen's cloakroom each with w.c. and wash hand basin
Staff
The business is at present operated by a lady vendor with the assistance of 4 full time staff.
We understand the premises are held on a secure renewable lease for a period of 15 years from 2003 at a rental of £24,500 p.a. exclusive of rates up to 2009, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,700 p.a. approx. + water rates