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Reference R9501

Spacious Licensed Restaurant in Surrey For Sale

Register to see map and to make an appointment Excellent main road trading position, SURREY

Turnover £ 7,000
Price £135,000

Features

Spacious Licensed Restaurant (1 Section Spanish Food Plus Adjoining Restaurant Catering For Indian & Sri Lankan Food)

Front area with decking. Tables & chairs providing seating for 20 persons

SPACIOUS RESTAURANT catering for Spanish Food with tiled floor, wall & ceiling lighting. Tables & chairs providing seating for approximately 100 persons. BAR with 3 hand pumps, 4 double door glass fronted counter fridges, computerised till. Large wood burner pizza oven

ADJOINING RESTAURANT catering for Indian & Sri Lankan Food with tiled floor, wall & ceiling lighting. Tables & chairs providing seating for an additional 100 persons. 3 fridges

LARGE REAR ROOM, space for up to 50 persons. Ieal for private functions/parties.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin
Disabled cloakroom with w.c. & wash hand basin

SPACIOUS FULLY EQUIPPED KITCHEN with tiled floor & tiled walls, 2 6-burner gas cookers with ovens, large single burner hob, Tandoori oven, 1 large hotplate, 4 deep freezers, 2 3-door stainless steel counter fridges, 1 upright white commercial fridge etc.

Turnover

WE ARE INFORMED the turnover is currently in the region of £7,000 p.w. in our opinion offering tremendous potential for further development in the right hands.

Staff

At present operated by the vendor with the assistance of his wife on a part time basis with 5 full time & 4 part time staff.

Trading Hours

Monday, Tuesday & Wednesday - 5 p.m. - 11 p.m.
Thursday - 12 noon - 11 p.m.
Friday & Saturday - 12 noon - 12 midnight
Sunday - 12 noon - 10 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £26,400 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £8,400 p.a. approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 67,500 (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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