Noodle Bar Restaurant in Salisbury For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, WILTSHIRE SALISBURY

Turnover £ 5,000
Price £40,000 / £60,000

Features

Chinese Noodle Bar, Restaurant & Takeaway with On and off Liquor Licence

Seating area in front of the business

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES. Hardwood flooring suspended ceiling with pendant lighting. Tables and chairs seating 30 persons.

Customers' cloakroom (diasabled access) with toilet and sink

Gentlemen's cloakroom with toilet and sink.

BAR. Cash register, under-counter fridge, under-counter freezer, glass washer, ice maker.

KITCHEN. Tiled floor, tube lighting Stainless steel extractor, 7-burner Chinese cooker, rice cooker, double basket deep fat fryer, oven, 2 stainless steel preparation tables, double door freezer, 2 double door fridges, topping fridge, double sink and drainer, wash hand basin

Storeage section with shelves and 2 freezers

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present staff operated with 2 full time staff plus the assistance of 4 part time staff. We are informed the wage bill averages £2,000 p.w. approx.

Trading Hours

7 Day week
MONDAY - Sunday 11 am - midnight

We understand the premises has a late night and spirit licence.

Tenure

The vendor owns the Leasehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE LEASE for 15 years from 2023 with reviews every 3 years (next review 2026) at a rent of £12,000 p.a. for the first 3 years.

Long leasehold 49 years. £1 no reviews

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR PRICE TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) £ 42,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote