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Reference R8079
Features
Attractive well Fitted Licensed Restaurant
At present Caribbean cuisine, which could 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.
ATTRACTIVE DOUBLE FRONTED RESTAURANT with tiled floor, ceiling & wall lighting. Tables & chairs providing seating for 27 persons. BAR with 2 under-counter chillers.
LARGE KITCHEN with tiled floor, partly tiled walls plus part stainless steel cladding to walls to cooking area, stainless steel extractor, 6-burner gas cooker with double oven, double door stainless steel fridge, double sink & drainer, walk-in chiller, 1 walk-in deep freezer.
Turnover
WE ARE INFORMED the turnover averages £3,000 p.w. including some takeaway, in our opinion offering tremendous potential for further development in the right hands.
Staff
At present operated by 1 partners with the assistance of 2 staff.
Trading Hours
Monday - Thursday inclusive - 1 p.m. - 8 p.m.
Friday & Saturday - 1 p.m. - 9 p.m.
NO SUNDAY TRADING
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £1,765 per month, however we understand that vancant possession can be given on completion. The accommodation comprises:
2 Double Bedrooms plus 1 attic bedroom
Bathroom with bath, wash hand basin
Separate w.c.
Lounge (or additional bedroom)
Kitchen
Outside
Parking space for 5 cars
Tenure
We are advised, to an approved applicant, the Landlord is prepared to grant a new 10 years lease, at an initial rental of £29,000 p.a, with rent reviews every 5 years. We are advised the Landlord will require a 3 months rent deposit.
Uniform Business Rates: Nil after 100% small business relief
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £53,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 26,500 (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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