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Reference R8708

Noodle Bar in East Sussex For Sale

Register to see map and to make an appointment Excellent trading position, CITY CENTRE, EAST SUSSEX

Turnover 4,500
Price 120,000

Features

Well Equipped Noodle Bar

Front area with space for 4 tables & 16 chairs. (We understand Licence Fee payable currently 550 p.a).

SINGLE FRONTED GROUND FLOOR PREMISES approximately 300 sq. ft. with non-slip floor. Counter, 2 computerised tills.

OPEN PLAN KITCHEN AREA with extractor system, 3-burner wok cooker, 3 fridges.

Cloakroom with w.c. & wash hand basin

Stairs to basement with extractor system, walk-in coldroom with deep freezer section, electric hob, double sink & drainer, single sink etc.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages in the region of 4,500/5,000 p.w. (winter months in the region of 4,000/4,500 p.w. increasing during the period March - end of October up to approximately 6,000 p.w). In our opinion the business offers terrific potential for further development in the right hands. The turnover is mainly takeaway plus some Deliveroo.

Staff

At present mainly staff operated. Staff employed 3 full time plus part time casual staff at weekends when required.

Trading Hours

Monday - Thursday inclusive - 12 noon - 3 p.m. & 5 p.m. - 8 p.m.
Friday & Saturday - 1 2noon - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 35,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALATION
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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