Immaculate Restaurant in Essex For Sale

Situated in a parade, excellent main road trading position, office and commercial area, ESSEX

Turnover £ 10,000
Price £245,000

Features

Immaculate Fast Food Restaurant Specialising In Kebabs & Burgers A3 Licence For Alcohol

Exceptionally well equipped at a cost of £300,000

DOUBLE FRONTED GROUND FLOOR PREMISES in the region of 755 ft² with ELECTRIC SHUTTERS. Air conditioning. Tiled floor, suspended ceiiling with spotlights, feature pendants and LED lighting. TV displaying menues, Tables and chairs seating 25 persons. Sales counter - 2 touchscreen tills, selling point, chiller for desserts, 2 double door uner-counter drinks fridges. CCTV

OPEN PLAN KITCHEN. Stainless steel extractor, tiled floor and flouescent tubes, 4 doner machines, gas contact grill, microwave, twin basket deep fryer, chip stand, tandoori oven (used for naans), hot cabinet, refrigerated salad bar, hand wash basin, stainless steel work suraces.

Ladies' and gentlemen's cloakrooms with toilet and wash hand basin

Office

Stairs to basement in the region of 325 ft². Tiled floor, tube lighting. Double sink and drainer, stainless steel extractor, 6 burner cooker, stainless steel work surfaces

Walk-in coldroom

Turnover

WE ARE INFORMED the turnover currently averages £10,000/£12,000 p.w. 45% delivery.

Staff

At present operated by the vendor with the assistance of 3 full time & 2 part time staff. We are infored the wage bill averages £1,750.

Trading Hours

7 DAYS PER WEEK - 12 noon - 12 midnight

Outside

Yard to rear with walk-in freezer

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR the premises are held on a SECURE RENEWABLE lease, from a private landlord, granted for 7 years in 2020 with reviews every 3 years (next review 2027) at a current rent of £30,000 p.a.

Business Rates from April 2022 £8,400 approx (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £245,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 122,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote