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Reference R9726

Well Fitted Thai Restaurant in Middlesex For Sale

Well Fitted Thai Restaurant in Middlesex For Sale

Register to see map and to make an appointment Situated in a small parade, excellent service road trading position, residential, office and commercial area, MIDDLESEX

Turnover £ 3,000
Price £80,000

Features

Licensed Thai Restaurant

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 650 ft² WITH ELECTRIC SHUTTERS. Suspended ceiling with spot lights, ceramic tiled floor. Tables and chairs providing seating for 36 persons. Sales counter, cash register.

2 toilets with w.c. and wash hand basin.

KITCHEN. Stainless steel extractor unit, preparation table, commercial dishwasher, commercial microwave, stainless steel freezer, double door stainless steel fridge, 2 door counter fridge, 2 pan deep fryer, 5-burner stainless steel gas cooker, hot plate, boiler.

Stock room / Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a gross profit of 65% approx. (25% takeaway sales)

Staff

The business is at present operated by a husband & wife team with the assistance of 3 part time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY - 6pm - 11pm
SUNDAY 6pm - 11pm

Outside

Parking space for 2 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2017 with reviews every 4 years (next review 2025) at a current rent of £17,500 p.a.

Business Rates from April 2021 £1,650 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2009 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (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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