Licensed Sushi Restaurant in Middlesex For Sale

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

Turnover £ 3,500
Price £75,000

Features

Licensed Sushi Restaurant

5 STAR HYGIENE RATING

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 480 ft² with wood strip floor, suspended ceiling with spotlights. Bar, EPOS till, Tables and chairs providing seating for 20 persons.

KITCHEN. Stainless steel extractor unit, table top 2-pan deep fryer, preparation table, fridge, freezer, refrigerated making table, microwave, deep freeze, double sink and drainer.

Toilet with w.c. and wash hand basin

External stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx. (60% DELIVERY)

Staff

The business is at present operated by 4 part time staff.

Trading Hours

6 Day week
MONDAY - THURSDAY 5 p.m - 10 p.m
FRIDAY & SATURDAY 12 noon - 10 p.m

Outside

Parking space for 2 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2010 with reviews every 5 years (next review 2025) at a current rent of £13,200 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote