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Reference R9823

Newly Fitted Turkish Restaurant in Surrey For Sale

Newly Fitted Turkish Restaurant in Surrey For Sale
Newly Fitted Turkish Restaurant in Surrey For Sale Buy a Newly Fitted Turkish Restaurant in Surrey For Sale Sell a Newly Fitted Turkish Restaurant in Surrey For Sale Newly Fitted Turkish Restaurant in Surrey For Sale for Sale Newly Fitted Turkish Restaurant in Surrey For Sale for Sale Newly Fitted Turkish Restaurant in Surrey For Sale for Sale

Register to see map and to make an appointment Occupying a corner position, excellent main road trading position, residential, office and commercial area, SURREY

Turnover £ 10,000
Price £160,000

Features

Newly Fitted Turkish Restaurant

NEWLY FILLTED 2021 to a VERY HIGH STANDARD

DOUBLE FRONTED PREMISES in the region of 1,800 ft² WITH ELECTRIC SHUTTERS. Wood strip floor, suspended ceiling with spot lights. Tables and chairs providing seating for 75 persons. Bar with cash register, fridge, ice machine.

OPEN PLAN KITCHEN. Stainless steel extractor unit, electric cooker, 2-pan deep fryer, griddle, 4 fridges, 2 freezers, 2 preparation tables, 2 microwaves, 2.5 meter charcoal grill.

Ladies' & Gentlemen's toilet with w.c. and wash hand basin.

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 - £11,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 4 full time & 3 part time staff.

Trading Hours

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

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 2021 with reviews every 5 years (next review 2026) at a current rent of £31,000 p.a.

Business Rates from April 2021 £12,500 approx. payable (Please contact local authority to confirm)

THE BUSINESS IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (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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