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Reference R8047

Grill Restaurant in Hertfordshire For Sale

Register to see map and to make an appointment Occupying a corner position, busy road, HERTFORDSHIRE

Turnover 3,000
Price 89,500

Features

Attractive Grill Restaurant (including Chicken, Steaks, Mixed Grill Etc)

Space in front of restaurant for tables & chairs if desired

DOUBLE FRONTED RESTAURANT occupying a corner position. Tiled floor, ceiling with inset lighting plus hanging lighting over counter area. Tables & chairs providing seating for 17 persons. Open stainless steel display fridge for soft drinks, counter with wooden front, stainless steel extractor with stainless steel cladding to cooking area, charcoal grill, double deep fryer, 2-door stainless steel counter fridge with marble top.

LEVEL KITCHEN AT REAR with non-slip floor, stainless steel cladding with stainless steel cladding to walls, 1 domestic plus 1 commercial micro wave oven, Lincat gas griddle, gas cooker with double oven, large steamer, double door fridge, stainless steel fridge, deep freezer, double sink & drainer etc.

Customers' cloakroom with w.c. & wash hand basin

Rear storeroom with soft ice cream machine, 2 deep freezers
Large basement

Turnover

WE ARE INFORMED the turnover currently averages 3,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands. In our opinion there is also potential t for the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence.

Staff

The business is at present operated by the vendor with the assistance of 1 full time & 1 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

CLOSED ALL DAY MONDAY
Tuesday - Thursday inclusive - 12 noon- 10.30 p.m.
Friday - 2 p.m. - 10.30 p.m.
Saturday & Sunday - 12 noon - 10.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 15,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 6,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 44,750 (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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