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Reference R9116

Italian Restaurant in Essex For Sale

Register to see map and to make an appointment Sought after position, attractive holiday park, country area, close to river, on the ESSEX/HERTFORDSHIRE BORDERS

Turnover 5,000
Price 110,000

Features

Spacious Licensed Italian Restaurant

AMPLE SHARED CAR PARKING

SPACIOUS RESTAURANT in the region of 160 sq. metres with quality tiled floor. 2 air conditioning/heating units. Tables & chairs providing seating for 80 persons (can be increased to accommdate 100 persons). Rear area overlooking a weir providing additional seating for approximately 30 persons (this area is not included in the lease). BAR with 5 high chairs, 1 hand pump, wine rack, 3 glass fronted double door counter fridges, 3 group coffee machine, coffee grinder, touchscreen till, mirror-backed shelving.

LARGE FULLY EQUIPPED KITCHEN with tiled floor, partly tiled walls, stainless steel extractor unit, 2 6-burner cookers with ovens (bottle gas), double deep fryer, salamander, 2 double door stainless steel Williams fridges, 1 double door stainless steel deep freezer, large chest deep freezer, 1 small deep freezer, 5 stainless steel tables, 2-deck pizza oven, 2 double door stainless steel counter fridges, dough mixer, 1 domestic & 1 commercial microwave oven, double sink & drainer, 1 single sink etc.

Well fitted ladies' cloakroom with 2 w.c's, 2 wash hand basins
Well fitted gentlemen's cloakroom with w.c. 2 urinals & wash hand basin

Turnover

WE ARE INFORMED the turnover average 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The restaurant is at present operated by the vendor with the assistance of 2 chefs plus 1 full time waiter.

Trading Hours

Monday - evenings only - 6 p.m. - 10 p.m.
Tuesday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 10 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 12,000 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 55,000 (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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