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Reference R9604

Mediterranean Grill Restaurant in Hertfordshire For Sale

Mediterranean Grill Restaurant in Hertfordshire For Sale
Mediterranean Grill Restaurant in Hertfordshire For Sale Buy a Mediterranean Grill Restaurant in Hertfordshire For Sale Sell a Mediterranean Grill Restaurant in Hertfordshire For Sale Mediterranean Grill Restaurant in Hertfordshire For Sale for Sale Mediterranean Grill Restaurant in Hertfordshire For Sale for Sale Mediterranean Grill Restaurant in Hertfordshire For Sale for Sale Mediterranean Grill Restaurant in Hertfordshire For Sale for Sale Mediterranean Grill Restaurant in Hertfordshire For Sale for Sale Mediterranean Grill Restaurant in Hertfordshire For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential, office and commercial area opposite church, HERTFORDSHIRE

Turnover 4,500
Price 120,000

Features

Mediterranean Grill (alcohol Licence Not Utilisted) - A3 Licence

SINGLE FRONTED PREMISES 720.2ft (66.91M). Air conditioning with hot air. Suspended ceiling with concealed LED and pendant lighting, laminated strip floor. Tables and chairs providing seating for 45 persons.

Granite Counter, Coffee Machine (2 Group), coffee grinder, 3 under counter fridges, under counter freezer, wash hand basin, cash register.

OPEN PLAN KITCHEN display fridge (meat & fish), stainless steel extractor unit, charcoal grill, electric oven, rice cooker, new deep fat fryer, microwave oven, toppings fridge, chest freezer, stainless steel work surfaces, wash hand basin

Galley area with;

Unisex disabled toilet

Airing Cupboard, 2 dishwashers, sink


Stairs to basement used for storage, additional freezers and fridges.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 4,500 p.w. in our opinion having terrific potential to increase in the right hands.

Staff

The business is at present operated by the 2 partners with the assistance of 5 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY inclusive 11am - 10pm
SUNDAY 11am - 9pm

Outside

Communal yard to rear. 2 sheds used for storage.

Tenure

We have been informed by the vendor that the premises are held on a SECURE RENEWABLE lease from a private landlord having 3 years unexpired at a current rent of 16,500 p.a. We understand the landlord is prepared to grant, subject to satisfactory references, a new 10 / 15 years lease at terms and rent to be agreed.

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

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 60,000 (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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