Search more Restaurants for sale in Middlesex
Reference R6049

Afro Caribbean Restaurant in Middlesex For Sale

Afro Caribbean Restaurant in Middlesex For Sale
Afro Caribbean Restaurant in Middlesex For Sale Buy a Afro Caribbean Restaurant in Middlesex For Sale

Register to see map and to make an appointment End of parade, busy road, densely populated residential area, MIDDLESEX

Turnover 1,500
Price 62,500

Features

Spacious Licensed Restaurant

At present African & Caribbean cuisine which can obviously be continued & in our opinion in view of the excellent main road trading position, there is potential for other typres of cuisine, if desired.

Electric shutters to DOUBLE FRONTED RESTAURANT with double door, laminated strip floor, ceiling with inset spotlighting plus 6 hanging lights. Air conditioning plus full gas fired central heating. The restaurant is well fitted including tables & chairs providing seating for 35 persons. BAR with mirror-backed shelving, small sink, 3 door stainless steel counter fridge, electronic cash register.

Fully tiled disabled cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with serving hatch to restaurant. The kitchen has a tiled floor, stainless steel cladding to cooking area, stainless steel extractor unit, 6-burner gas cooker with oven, double deep fryer, upright deep freezer, upright stainless steel deep freezer, 2 microwave ovens, stainless steel table, double sink & double drainer etc.

Turnover

WE UNDERSTAND the business is operated on a low key basis at present & the turnover is in the region of 1,500 p.w. including takeaway, in our opinion offering terrific potential for further development in the right hands.

Staff

At present operated by a lady vendor with the assistance of 3 part time staff.

Trading Hours

4 p.m. - 11 p.m. seven days per week

Outside

Covered yard at rear. We understand that planning permission has been granted to extend the property into the covered yard at rear, if desired.
Parking for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 13,200 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

Uniform Business Rates: We understand only 600 p.a. approx. after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 62,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 31,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Restaurants for sale in Middlesex

Buy an Afro Caribbean Restaurant in Middlesex For Sale on NationwideBusinesses.co.uk