Turkish Restaurant in Alfreton For Sale

Situated in a parade, prominent trading position, residential, office and commercial area, DERBYSHIRE ALFRETON

Turnover £ 6,500
Price £115,000

Features

Well Established Turkish Restaurant

DOUBLE FRONTED PREMISES in the region of 650 ft² with wood strip floor, ceiling with spotlights. Tables and chairs providing seating for 30 persons. Sales counter, cash register.

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, 3-burner charcoal grill, cooker, rice cooker, deep fryer.

Toilet with w.c. and wash hand basin

Basement, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. (50% DELIVERIES)

Staff

The business is at present operated by the vendor with the assistance of 4 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 3.30 p.m - 10.30 p.m
SUNDAY 3.30 p.m - 10 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, comprises:

4 Bedrooms (3 doubles, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £13,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 o.n.o. plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote