Licensed Turkish Restaurant in Berkshire For Sale

Situated in a Parade, excellent trading position, residential and commercial area, Berkshire.

Turnover £ 2,000
Price £45,000

Features

Licensed Family-run Turkish Restaurant

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 625 ft², Carpet flooring, suspended ceiling with spotlights, CCTV (4 cameras.)

Customer waiting area.

Tables and chairs for 20 customers.

Bar - Ipad cash register, under counter fridges, wash hand basin.

Customer cloakroom with toilet and wash hand basin.

Seoperate Kitchen with stainless steel extractor, Grill, Double basket deep fat fryer, portable single burner stove, microwave, plate warmer, 2 large single door fridges, salad fridge, single door freezer, chest freezer, 2 drinks fridges, dishwasher, double sink and drainer, stainless steel preparation table, etc.

Dry store.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team and family assistance as required.

Trading Hours

7 Day week
MONDAY - THURSDAY 5 p.m. - 9.30 p.m.
FRIDAY & SATURDAY 5 p.m. - 10.30 p.m.
SUNDAY 5 p.m. - 9 p.m.

Outside

Parking space to rear.

Tenure

The lease started in April 2023 for 7 years, at a current rent of £11,000 p.a., with rent reviews at the 3 year and 5 year anniversary, next rent review March 2026.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote