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Reference R9642

Spacious Licensed Restaurant in Surrey For Sale

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

Turnover 10,000
Price 300,000

Features

Spacious well Fitted Licensed Restaurant (catering For Chicken, Steaks & Fish)

We understand the premises have A3 use plus a Live Music Licence

Front area with decking. Tables & chairs providing seating for 30 persons.

SPACIOUS RESTAURANT with quality oak woodstrip floor. 2 air conditioning/heating units. Tables & chairs providing seating for 55 persons. BAR/RECEPTION AREA, 1 hand pump, 1 double door glass fronted counter fridge, ice machine, glasswasher, 3 computerised tills.

OPEN PLAN KITCHEN AREA with stainless steel extractor, stainless steel cladding to walls, 3 grills, double deep fryer, 2-door stainless steel counter fridge, 2 hot cupboards, 2 hot drawers, single sink etc.

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

REAR CATERING KITCHEN with non-slip floor, tiled walls, 6-burner gas cooker, combination oven, double deep fryer, 1 stainless steel table, dishwasher, 4-door stainless steel counter fridge, chest deep freezer, ice cream deep freezer etc.

Turnover

WE ARE INFORMED the turnover averages 10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Included in the turnover is approximately 35% takeaway.

Staff

At present operated under management. Staff employed 2 full time managers, approximately 10 full time staff plus 2 part time staff. We are advised the wage bill is 3,250 p.w.

Trading Hours

Monday - Saturday inclusive - 11.30 a.m. - 10 p.m.
Sunday opening - 12 noon - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 25,000 p.a. plus VAT exclusive of rates up 2026 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present (9,000 p.a. when payable)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 300,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 150,000 (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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