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Reference R7795

Spanish Restaurant in Lancashire For Sale

Spanish Restaurant in Lancashire For Sale
Spanish Restaurant in Lancashire For Sale Buy a Spanish Restaurant in Lancashire For Sale Sell a Spanish Restaurant in Lancashire For Sale

Register to see map and to make an appointment Situated in a parade, village residential area, not far from LANCASHIRE

Turnover 1,700
Price 29,500

Features

Attractive Licensed Spanish Restaurant

SINGLE FRONTED RESTAURANT with tiled floor, wall & ceiling lighting. Tables & chairs providing seating for 30 persons. DISPENSE BAR with 1 hand pump, fridge & sink.

STAIRS TO FIRST FLOOR ADDITIONAL RESTAURANT AREA carpeted. Tables & chairs providing seating for 18 persons.

Ladies' & gentlemen's cloakrooms

GROUND FLOOR REAR KITCHEN with tiled floor, stainless steel extractor, 6-burner gas cooker with single oven, double deep fryer, 4 stainless steel tables, double sink & drainer etc.

Storage area
Staff toilet

Turnover

WE ARE INFORMED the turnover averages 1,700 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of 2 full time staff plus additional part time staff employed at weekends.

Trading Hours

Tuesday - Sunday inclusive - 5.30 p.m. - 10.30 p.m.
(We understand the premises are licensed to be open to 1 a.m. each day, if desired).

Outside

Service area at rear for deliveries

Tenure

We understand the premises are held on a new 10 years full repairing and insuring lease from October, 2018 at a rentla of 12,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

THE RESTAURANT HAS BEEN IN THE SAME HANDS SINCE NOVEMBER, 2001 AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 29,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 14,750 (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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