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Reference R6175

Peri Peri Restaurant and Takeaway in Hemel Hempstead For Sale

Register to see map and to make an appointment Situated in a parade, main shopping centre, HERTFORDSHIRE HEMEL HEMPSTEAD

Turnover 3,500
Price 75,000

Features

Attractive well Fitted Licensed Peri Peri Chicken Restaurant

At present Thai cuisine which could obviously be continued and in our opinion in view of the excellent main road trading postion, there is potential for other types of cuisine, if desired.

DOUBLE FRONTED RESTAURANT with ceramic tiled floor. Tables & chairs providing seating for 30 persons. BAR, 2 double door glass fronted counter fridges, ice machine, glasswasher, sink, computerised till.

Fully tiled ladies'/disabled cloakroom with w.c. wash hand basin, electric hand dryer
Fully tiled gentlemen's cloakroom with w.c. wash hand basin, electric hand dryer

LEVEL KITCHEN with tiled floor & tiled walls. Stainless steel extractor system, Chicken Grill, Chicken Steamer, Commercial Fryer, 4-burner gas cooker, 3-door stainless steel under-counter fridge, 1 small deep freeze, additional fridge, single sink.

Storeroom with 4-door counter fridge, chest deep freeze

Stairs to first foor LARGE AREA with at present commercial use, in our opinion could be developed as an additional seating area for approximately 40 persons or in our opinion there is potential to convert the first floor into accommodation, subject to the necessary planning permission.

Turnover

WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The Restaurant is at present operated by the vendor with the assistance of 2 full time & 3 part time staff.

Trading Hours

7 days a week 5 p.m. - 11 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, at present let on a shorthold tenancy & providing a rental income of 1,000 per calendar month. The FLAT comprises:

2 Bedrooms
Bathroom with shower, wash hand basin, w.c.
Kitchen

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years at a rental of 21,000 p.a. exclusive of rates for the next 5 years with rent review at that time and thereafter every 5 years. (As will be appreciated with the current rental income of 12,000 p.a. in respect of the flat over the net rental payable at the present time is only 9,000 p.a. exclusive of rates).

Uniform Business Rates: 7,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 37,500 (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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