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Reference R1040

Caribbean Restaurant & Takeaway in Hampshire For Sale

Caribbean Restaurant & Takeaway in Hampshire For Sale
Caribbean Restaurant & Takeaway in Hampshire For Sale Buy a Caribbean Restaurant & Takeaway in Hampshire For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential, office and commercial area, HAMPSHIRE

Turnover 5,000
Price 165,000

Features

Well Fitted Caribbean Restaurant& Takeaway

6 DAYS OPENING

SINGLE FRONTED PREMISES, parquet flooring, suspended ceiling with spot lights. Tables and chairs providing seating for 16 persons (can be increased). Sales counter, EPOS till, TV menu screens,open drinks display fridge, Redbull fridge, CCTV system (6 cameras, 1 monitor).

OPEN PLAN KITCHEN area. Stainless steel extractor unit, Jerk Pan, 6-burner gas cooker, 2 fridges, 4-pot bain marie, 2-pan deep fryer, pati oven.

PREPARATION ROOM. 2 microwaves, preparation tables, 2 rice cookers, large fridge, deep freezer, 2 blenders

AVAILABLE AS AN OPTIONAL EXTRA at a price of 10,000 is a fully fitted food trailer for events

Toilet with w.c. and wash hand basin.

REAR SECTION RENTED TO BARBERS @ 7,200 p.a.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 5,000 p.w. with a gross profit of 65% approx. (50% DELIVERIES via UBER EATS, etc)

Staff

The business is at present operated by the vendor with 1 full time chef, 1 porter plus 1 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 12 noon - 10pm
SATURDAY 2pm - 10pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease granted for 5 years in 2020 with reviews every 5 years (next review 2025) at a current rent of 15,000 p.a. (As will be appreciated with the current rental income of 7,200 p.a. from the rear section, the net rental payable at the present time is only 7,800 p.a).

AVAILABLE AS AN OPTIONAL EXTRA at a price of 10,000 is a fully fitted food trailer for events

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 165,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 82,500 (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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