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Reference R9403

Attractive Licensed Restaurant in East Grinstead For Sale

Attractive Licensed Restaurant in East Grinstead For Sale
Buy a Attractive Licensed Restaurant in East Grinstead For Sale Sell a Attractive Licensed Restaurant in East Grinstead For Sale Attractive Licensed Restaurant in East Grinstead For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, sought after WEST SUSSEX EAST GRINSTEAD

Turnover 2,500
Price 69,000

Features

Attractive Licensed Restaurant (mediterranean Cuisine)

Space for 2 tables and 8 chairs (Licence Fee payable)

ATTRACTIVE & SPACIOUS SINGLE FRONTED LICENSED RESTAURANT with ceramic tiled floor, ceiling lighting. Air conditioning. New tables and chairs providing seating for 40 persons. Cool display serveover counter with refrigerated storage section, new 2 group coffee machine, new coffee grinder, upright glass fronted drinks fridge, new 2-deck pizza oven, 3-door refrigerated counter fridge with refrigerated section over for pizza toppings.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin

REAR KITCHEN with tiled floor, stainless steel extractor, upright double door glass fronted fridge, 8-burner gas hob, 2-door stainless steel fridge, double sink and drainer etc.

Storeroom with walk-in deep freeze

Turnover

WE ARE INFORMED the turnover averages 2,500 p.w. (including some takeaway) in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx. It will be appreciated upon inspection there is potential to introduce deliveries, if desired.

Staff

The Restaurant is at present operated by a husband & wife team with the assistance of 1 part time staff plus 1 part time driver.

Trading Hours

Sunday - 5 p.m. - 10 p.m.
CLOSED ALL DAY MONDAY
Tuesday - Saturday inclusive - 12 noon - 2.30 p.m. & 5 p.m. - 10.30 p.m.
(It will be appreciated upon inspection that there is potential for additional opening hours, if desired)

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, all in GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Half tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Kitchen

Outside

Rear loading and unloading allowed plus parking space for 2 cars

Tenure

We understand the premises are held on a new 20 years lease from April, 2019 at a rental of 16,500 p.a. exclusive of rates up to April, 2024 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 5,700 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 34,500 (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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