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Reference R8808

Restaurant in Surrey For Sale

Restaurant in Surrey For Sale
Restaurant in Surrey For Sale Buy a Restaurant in Surrey For Sale Sell a Restaurant in Surrey For Sale Restaurant in Surrey For Sale for Sale Restaurant in Surrey For Sale for Sale Restaurant in Surrey For Sale for Sale Restaurant in Surrey For Sale for Sale

Register to see map and to make an appointment Situated in a courtyard, close to main street, wealthy SURREY TOWN

Turnover £ 6,000
Price £90,000

Features

Most Attractive Olde Worlde Licensed Restaurant (catering For Breakfasts, Lunches, Afternoon Teas Plus Evening Opening Friday & Saturday, Subject To Bookings Being Received)

Large car park nearby ( Pay & Display)

MOST ATTRACTIVE OLDE WORLDE PROPERTY we understand built in 1,600

GRADE II LISTED BUILDING

Outside front area with space for 10 tables & 30 chairs

FULL GAS FIRED CENTRAL HEATING

GROUND FLOOR attactive woodstrip floor, beamed ceiing, hanging lighting. Tables & chairs plus upholstered bench seating providing seating for 30 persons. BAR, new floor installed, coffee machine, 2 fridges, deep freezer, glasswasher, upright glass fronted wine fridge.

Staircase to FIRST FLOOR. ADDITIONAL RESTAURANT with woodstrip floor, ceiling lighting. Tables & chairs providing seating for 30 persons.

Unisex cloakroom with w.c. & wash hand basin

LARGE FIRST FLOOR KITCHEN with dumb waiter to ground floor & basement. The kitchen with new floor is fully equipped including 6-burner gas cooker with oven, electric fan assisted oven, double deep fryer, 2 commercial microwave ovens, 2 3-door under-counter fridges with refrigerated topping sections, large gas grill, chest deep freezer, upright deep freezer, upright glass fronted fridge, dishwasher, 2 sinks, wash hand basin

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase, especially with evening opening. We are further advised that the sales year ending 30th April, 2019 showed £273,544 with a gross profit of £205,454 (before wages & salaries of £81,546).

Staff

At present operated by a lady vendor with in the kitchen area 3 chefs, 2 kitchen porters. Restaurant area 1 full time waitress, 7 part time waiteresses/waiters.

Trading Hours

Sunday - Thursday inclusive - 9 a.m. - 4 p.m.
Friday & Saturday - 9 a.m. - 4 p.m. & 6 p.m. - 9.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £46,000 p.a. exclusive of rates plus VAT. No increase anticipated for remainder of the lease. In addition there is a service charge of £5,404 p.a. plus VAT.

Uniform Business Rates: £22,000 p.a.

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE LICENSED RESTAURANT IN THIS EXCELLENT TRADING POSITION WITH THE ADVANTAGE OF HAVING A SEATING AREA IN FRONT OF THE RESTAURANT. IN OUR OPINION THE RESTAURANT OFFERS TERRIFIC POTENTIAL FOR ADDITIONAL EVENING OPENING, IF DESIRED.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

** N.B The Purchaser is to be responsible for trhe Vendor's legal fees **

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (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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