Licensed Greek Restaurant in Northamptonshire For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, Northamptonshire.

Turnover £ 16,000
Price £295,000

Features

Well Fitted Licensed Greek Restaurant

4 STAR HYGIENE RATING

TRIPPLE FRONTED CORNER RESTAURANT with tiled floor, spot lights, wall light & Chandelier. Bar, cash register, 2 x under counter drinks display fridge, drinks display fridge (glass fronted upright), ice machine. Tables and chairs providing seating for 57 People plus sofas, CCTV system (8 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 4-burner), grill, kebab machine, 3 x Deep fryer, charcoal grill, fridges, freezers, marble preparation table.

Wash Room with double sink and drainer, dishwasher.

Basement with

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Preparation Kitchen, large sink,, fridge, freezer, stainless steel preparation table.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £16,000 p.w. with a Gross profit of 65% approx. (£1,500 via portals)

Staff

The business is at present operated by the 5 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 9am - 10pm
FRIDAY & SATURDAY 9am - 10pm
SUNDAY 9am - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £36,000 p.a. + VAT

Business Rates from April 2026 £6,586 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 147,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote