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Reference R8029

Restaurant in Essex For Sale

Restaurant in Essex For Sale
Restaurant in Essex For Sale Buy a Restaurant in Essex For Sale Sell a Restaurant in Essex For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential area, ESSEX

Turnover 8,000
Price 180,000

Features

Spacious Licensed Restaurant

ATTRACTIVE RESTAURANT with quality tiled floor, brickwork to walls, ceiling with inset spotlighting. 2 air conditioning units. The restaurant has been all newly fitted to a high standard. Quality tables & chairs providing seating for up to 110 persons.

LARGE FRONT PREPARATION AREA with cool disply serveover counter, stainless steel cladding to cooking area, large charcoal grill, 2 kebab machines, 2-pot bain marie, Lincat grill, Blue Seal double deep fryer.

REAR BAR AREA with tiled floor, 2 double door glass fronted counter fridges, 2 group coffee machine, 1 3-door counter fridge, sink etc.

REAR KITCHEN with 4-door stainless steel counter fridge, gas cooker, walk-in coldroom, walk-in deep freezer.

Ladies'/disabled cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 8,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The Restaurant is at present operated by the vendor with the assistance of 6 full time staff.

Trading Hours

12 noon - 10 p.m. seven days per week

Outside

Small yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of 32,000 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 90,000 (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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