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Restaurant & Wine Bar in Surrey For Sale

Restaurant & Wine Bar in Surrey For Sale
Restaurant & Wine Bar in Surrey For Sale Buy a Restaurant & Wine Bar in Surrey For Sale Sell a Restaurant & Wine Bar in Surrey For Sale Restaurant & Wine Bar in Surrey For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, SURREY

Turnover 5,000
Price 85,000

Features

Attractive well Established Wine Bar & Restaurant Recently Reduced To offers In The Region of 85,000 Plus Stock At Valuation For Early Sale

SPACIOUS GROUND FLOOR WINE BAR by-folding doors (can be completely open front, subject to weather permitting). Fully carpeted. Bar stools plus additional seating for approximately 24 persons. Ample standing area for approximately 50 persons. LARGE BAR with wooden servery, hand pumps, optics, 2 double door glass fronted counter fridges, glasswasher, 2 wash basins. Televisionscreen plus music system.

Ladies' cloakroom with tiled walls, non-slip floor, w.c. & wash hand basin
Gentleman's cloakroom with tiled walls, non-slip floor, urinal, w.c. & wash hand basin

Beer Cellar with ice machine & beer cooler

From the ground floor stairs to first floor RESTAURANT with woodstrip floor. Tables and chairs providing seating for 40 persons.

LARGE COMMERCIAL KITCHEN adjoining with quarry tiled floor, tiled walls. The equipment includes extractor unit, large charcoal grill, 6-burner gas cooker with oven, 2 deep fat fryers, stainless steel tables, 2 fridges, 2 upright deep freezers, chest deep freezer. Dumb waiter to ground floor. Fire exit to ground floor.

Spirit store & beer cupboard

Second Floor -

Ladies' cloakroom with 2 w.c's, 2 wash hand basins
Gentlemen's cloakroom with 2 urinals, w.c. & wash hand basin

Large storage room plus office

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of additional catering. We are further advised that the sales year ending 5th April, 2018 showed 245,939 with a gross profit of 158,897.

Staff

At present operated by a lady vendor with the assistance of 1 chef plus 3 part time bar staff.

Trading Hours

Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 12 noon - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease for a period of 20 years from the 31st October, 2005 at a current rental of 31,000 p.a. exclusive of rates up to October, 2021 with rent to be agreed thereafter.

Uniform Business Rates: 7,000 p.a. approx. + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 32 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 42,500 (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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