Search more Fast Food Restaurants for sale in Camberley
Reference R3270

Restaurant in Camberley For Sale

Restaurant in Camberley For Sale
Buy a Restaurant in Camberley For Sale Sell a Restaurant in Camberley For Sale

Register to see map and to make an appointment Situated end of parade, excellent trading position, residential, office and commercial area, SURREY CAMBERLEY

Turnover 10,000
Price 200,000 / 1,200,000

Features

Spacious well Equipped Licensed Restaurant

At present Indian cuisine, which can obviously be continued & in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT, tinted glass windows, quarry tiled floor. 2 air conditioning/heating units. Full Gas Fired Central Heating. Quality tables and chairs providing seating for 85 persons (can be increased to accommodate 110 persons. NEW BAR, 2 hand pumps, electronic cash register, glasswasher, icemaker, double door glass fronted counter fridge, 1 3-door stainless steel counter fridge, additional section used as a servery area with 2 group coffee machine, ice cream display counter, shelving, cool display unit.

Fully tiled ladies' cloakroom with 2 w.c's, wash hand basin
Fully tiled gentlemen's cloakroom with w.c. urinal, wash hand basin

LEVEL KITCHEN fully equipped including Tandoori oven, Chester 6-burner cooker with oven, additional 6-burner cooker with oven, stainless steel extractor, 1 upright double door stainless steel fridge, 1 stainless steel single door fridge, deep fryer, double sink and drainer, 3 stainless steel tables, walk-in coldroom, walk-in deep freeze etc.

Turnover

WE ARE INFORMED the turnover currently averages 10,000 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of his son plus 7 fulltime & 3 part time staff.

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 2.30 p.m. & 5 p.m. - 11 p.m.
Sunday opening - 1 p.m. - 10 p.m.

Accommodation

The accommodation in the form of 2 SELF CONTAINED FLATS over, comprises:

Flat No. 1 with FULL GAS FIRED CENTRAL HEATING, at present let on a shorthold tenany & providing a rental income of 900 per month, however, we understand vacant possession can be given on completion, if required, comprises
3 bedrooms (2 very large doubles plus 1 additional double)
Bathroom with bath, w.c. and wash hand basin
Kitchen with fitted units

Second Flat also at present let on a shorthold tenancy and providing a rental income of 750 per month, however, we understand vacant possession can be given on completion if required, comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge/Dining Room
Kitchen with fitted units

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease in respect of the restaurant with 2 flats over at a rental of 40,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. In the event of the 3 bedrooms flat not being required, the vendor is also prepared to consider granting a new 20 years full repairing and insuring lease in respect of the restaurant with the 1 bedroom flat over at a rental of 30,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 12,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Alternatively the vendor is prepared to consider the sale of the FREEHOLD PROPERTY which would include an additional self contained flat which could also be let to provide a rental income. This SELF CONTAINED FLAT comprises:
3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY INCLUDING THE 3 FLATS OVER, GOODWILL, FIXTURES & FITTINGS 1.2 million subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 100,000 (lease) 840,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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