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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade, excellent trading position, HERTFORDSHIRE (Please register to make appointments and view addresses)

Outstanding opportunity to acquire a spacious premises, recently extended at rear to provide a ground floor area in the region of 1,400 sq. ft. in our opinion there is potential to develop the premises as a Restaurant, subject to obtaining the necessary planning permission.

Forecourt in front with attractive brickwork providing parking space for 3 cars

IMPRESSIVE SINGLE FRONTED PREMISES built 1950's approx. plus large extension at rear completed in 2007. Full Gas Fired Central Heating. Customer's area with tiled floor, 6 chairs for customers waiting, counter with tiled front, small glass fronted drinks fridge, 1 additional drinks fridge.

Large kitchen at rear, fully tiled floor and tiled walls. 9-burner Chinese cooker, stainless steel extractor unit, 2 chest deep freezes, 1 upright stainless steel deep freeze, 2 upright stainless steel fridges, 1 additional fridge, 6-burner gas cooker, double sink and drainer, wash hand basin, stainless steel work surfaces etc.

Dry Goods Store plus additional room

Staff cloakroom with w.c. plus shower
Additional separate shower room with shower, w.c. and wash hand basin plus additional room

Rear staircase to large first floor room ideal as a staff room

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. (We understand the split of turnover is approximately 50% delivery and 50% takeaway).

The business is at present operated by a husband and wife team with the assistance of 2 part time staff.

6 evenings per week - 5 p.m. - 11 p.m.
CLOSED MONDAY EVENING
It will be appreciated upon inspection that there is potential for additional opening hours.

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Large Kitchen

Service road at rear with parking space for 1 car

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £480,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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