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Reference R8653

Italian Restaurant in Cambridgeshire For Sale

Italian Restaurant in Cambridgeshire For Sale
Italian Restaurant in Cambridgeshire For Sale Buy a Italian Restaurant in Cambridgeshire For Sale Sell a Italian Restaurant in Cambridgeshire For Sale Italian Restaurant in Cambridgeshire For Sale for Sale Italian Restaurant in Cambridgeshire For Sale for Sale

Register to see map and to make an appointment Sought after position CAMBRIDGESHIRE

Turnover 7,500
Price 120,000

Features

Superbly Fitted Ultra Modern Italian Restaurant (catering For Pizzas, Pasta & Desserts)

The business is situated in a recently built Food location comprising 4 units including McDonalds, Costa Coffee, Subway & this Italian restaurant.

Large shared tarmaced car parking (free to use, maximum duration 2 hours)

Front side area with space for tables & chairs, if desired

SPACIOUS PREMISES with quality tiled floor, ceiling with concealed lighting, 2 air conditioning units. Tables & chairs providing seating for 32 persons. Large curved counter with cool display section & 6-burner gas hob, large stainless steel extractor system, upright glass fronted single door fridge for soft drinks, 3-door stainless steel counter fridge with marble top & refrigerated topping section, large pizza oven.

REAR PREPARATION AREA with large mixer, stainless steel cladding to walls, stainless steel extractor, 4-burner gas hob, double sink & drainer, additional double sink & drainer, walk-in deep freezer, walk-in fridge etc.

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

Turnover

WE ARE INFORMED the turnover is currently in the region of 7,000/8,000 p.w. including takeaway & slight deliveries. The purchase of this business is at present operated on a Franchise Agreement, which we understand is optional. Full details available upon request.

Staff

At present operated by the vendor with the assistance of 2 full time & 3 part time staff.

Trading Hours

11 a.m. - 10 p.m. seven days per week
In our opinion there is terrific potential for earlier opening each day, if desired to cater for breakfasts.

Outside

Large garden at rear plus storage container

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of 25,000 p.a. plus VAT exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 14,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 60,000 (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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