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Reference R2070
Features
Immaculately Decorated & well Equipped Licensed Thai Restaurant
6 DAYS OPENING
SINGLE FRONTED PREMISES, in the region of 650 sq ft, with quality tiled floor, dimmable LED lighting.
Tables & chairs providing seating for 35 persons.
Bar, electric cash register, under counter fridges, shelving, wash hand basin.
Unisex cloakroom with toilet & wash basin
Door to KITCHEN, new industrial non slip lino floor, stainless steel extractor, Chinese hob with 3 wok capacity, rice cooker, microwave, deep fat fryer, triple door fridge with stainless steel top, 2 chest freezers, double sink with drainer, stainless steel preparation table, wash hand basin, etc
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 60% approx.
Staff
The business is at present operated by the vendor with the assistance of 4 part time staff.
Trading Hours
6 Day week
TUESDAY - SUNDAY 12 noon - 3pm 5pm - 10 pm
CLOSED MONDAY
Outside
Yard at rear with storeshed.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £20,000 p.a.
Business Rates from April 2023 £1,200 approx. after small business relief (Please contact local authority to confirm)
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £79,500
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 39,750 (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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