Mexican Restaurant in Chester For Sale

Excellent trading position, busy road, close to City Centre, CHESHIRE CHESTER

Turnover £ 2,500
Price £38,000

Features

Well Fitted Restaurant (closed At Present)

Recently trading as Mexican cuisine & in our opinion there is terrific potential to re-open as Mexican cuisine, or indeed another type of cuisine, if desired.

SINGLE FRONTED RESTAURANT with woodstrip floor, ceiling lighting. 2 air conditioning/heating units. Tables & chairs providing seating for 40 persons.

OPEN PLAN LEVEL KITCHEN. The equipment includes stainless steel extractor, 6-burner gas cooker with oven, Lincat double deep fryer, Archway 3-burner grill, commercial microwave oven, chest deep freezer, stainless steel table, ice machine, upright larder fridge, small deep freezer, single sink & drainer etc.

Ladies' & gentlemen's cloakrooms

Turnover

WE ARE INFORMED the turnover when trading averaged £2,500/£3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence.

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2026 at a rental of £20,500 p.a. plus VAT, exclusive of rates. In addition we understand there is a service charge of £3,000 p.a.

Uniform Business Rates: £8,600 p.a. approx.

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £38,000 subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 19,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote