Japanese Restaurant in Surrey For Sale

Situated in a parade, excellent main road trading position, close to station, residential and commercial area, SURREY

Turnover £ 3,000
Price £64,500

Features

Japanese Restaurant (please Note The Landlord Will Not allow The Premises To Be An Indian Restaurant)

5 DAYS OPENING ~ 4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 710 ft². CCTV (4 cameras). Tiled flooring, pendant lighting. Tables and chairs seating 40 persons. BAR, electronic cash register, double door under-counter machine, freezer, wash hand basin.

Additional seating area for 8 persons

Ladies' cloakroom with toilet and sink

Gentlemen's cloakroom with toilet and sink

SELF CONTAINED KITCHEN. Tiled floor, tube lighting. Stainless steel extractor, rice cooker, microwave, 5 burner hob, plus wok, deep fat fryer, 2 under-counter fridges, 2 chest freezers, stainless steel preparation table, double sink and drainer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the 2 partners

Trading Hours

6 Day week
Monday - Saturday - 6 p.m - 10 p.m

Outside

Parking at rear

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2012 with reviews every 3 years (next review 2024) at a current rent of £19,800 p.a. We understand the landlord is prepared to grant a new 15 years lease, 3 yearly reviews at £22,800 p.a

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £64,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote