Licensed Pizza Restaurant in Leatherhead For Sale

Situated in a parade, busy road, sought after residential area SURREY LEATHERHEAD

Turnover £ 4,750
Price £130,000

Features

Licensed Pizza Restaurant

6 DAYS OPENING

CUSTOMERS' CAR PARKING IN FRONT OF PARADE (restricted to 1 hour daytime)

4* HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 735 ft² with wood strip floor, ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 40 persons. BAR, cool display counter with refrigerated storage section, EPOS till.

KITCHEN with stainless steel extractor unit, Stone Based Pizza Oven, 4-burner gas cooker, refrigerated making table, stainless steel preparation table, 4 fridges, freezer, double sink and drainer, deep fryer.

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,750 p.w. with a gross profit of 65% approx. (60% DELIVERIES)

Staff

The business is at present operated by the vendor with 2 full time staff & 1 driver

Trading Hours

6 Day week
MONDAY - THURSDAY 10 a.m - 9 p.m
FRIDAY & SATURDAY 10 a.m - 10 p.m

Accommodation

AVAILABLE AS AN OPTIONAL EXTRA at £1,100 per month THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, comprises:

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

Outside

Rear yard with store shed and reezer

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £14,400 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote