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Reference R8418

Italian Restaurant in Middlesex For Sale

Italian Restaurant in Middlesex For Sale
Italian Restaurant in Middlesex For Sale Buy a Italian Restaurant in Middlesex For Sale Sell a Italian Restaurant in Middlesex For Sale Italian Restaurant in Middlesex For Sale for Sale Italian Restaurant in Middlesex For Sale for Sale Italian Restaurant in Middlesex For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, MIDDLESEX

Turnover 5,000
Price 130,000

Features

Attractive well Equipped Licensed Italian Restaurant

PARKING IN FRONT OF PARADE (Restricted to 2 hours daytime)

Front area with space for 5 tables & 20 chairs (weather permitting)

SPACIOUS RESTAURANT (can be open front). Ceiling with inset lighting plus hanging lighting. Tables & chairs providing seating for 42 persons. Cool display serveover counter, 3-door glass fronted counter fridge, electronic cash register, 2 group coffee machine, coffee grinder.

KITCHEN AT REAR with tiled floor & tiled walls. 4-burner electric cooker with oven plus additional electric cooker, 3-door stainless steel counter fridge, pizza oven, microwave oven, fridge, double sink & drainer, dishwasher etc.

Rear store with fridge, 3 chest deep freezer, 2 upright deep freezers, double door stainless steel fridge

Turnover

WE ARE INFORMED the turnover is currently in the region of 5,000 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.

Staff

The restaurant is at present operated by the vendor with in the kitchen area 2 chefs, 1 part time kitchen porter. Restaurant area 2 waitresses plus 1 waiter.

Trading Hours

Operated 5 days per week
Tuesday - Saturday inclusive - 12 noon - 11 p.m.
CLOSED SUNDAY & MONDAY
We understand from the present owners that they intend to be open from June through to the end of September also opening on Sunday & Monday from 12 noon - 11 p.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from November, 2003 at a current rental of 22,000 p.a. exclusive of rates up to November, 2018 with rent to be agreed thereafter.

Uniform Business Rates: 7,826 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINS 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

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