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WE ARE INFORMED the turnover currently £6,000 p.w. in our opinion this does not fully reflect the true potential of this superb site. The business is at present operated under a Franchise Agreement which we understand is entirely optional. The charges we understand for the Franchise Agreement £200 per month payable from March, 2007.
Price
ALL OFFERS CONSIDERED FOR EARLY SALE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire a superbly equipped Licensed Restaurant at present operated KFC style, mainly chicken and chips. In our opinion offering tremendous potential for further development in the right hands.
Tinted glass to spacious Restaurant with ceramic tiled floor. Fixed tables and chairs for 50 persons. Internet section with 6 computers/screens (charges £1 per half hour). Attractive counter, 2 computerised tills for ordering.
Large kitchen with Henny Penny chicken pressure cookers, 1 triple fully automatic deep fryer, stainless steel extractor unit, automatic coffee machine, HCW5 heated display cabinet, soft drinks dispenser, walk-in coldroom, large glass fronted chest deep freeze, ice machine, upright glass fronted drinks chiller, double sink and drainer, breading table etc.
Fully tiled ladies'/disabled cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's/disabled cloakroom with w.c. and wash hand basin
Staff
At present run under management. Staff employed 1 full time manager, 5 part time staff.
Opening
Hours
12 noon - 12 midnight seven days per week
Tenure
We understand the premises are held on a secure renewable Under Lease having approximately 23 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years. (We understand there is a service charge currently payable of approx. £1,500 p.a).
Uniform Business Rates: £7,000 p.a. approx. + water rates
