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Reference R6350

Wine Bar and Restaurant in Buckinghamshire For Sale

Wine Bar and Restaurant in Buckinghamshire For Sale
Wine Bar and Restaurant in Buckinghamshire For Sale Buy a Wine Bar and Restaurant in Buckinghamshire For Sale Sell a Wine Bar and Restaurant in Buckinghamshire For Sale

Register to see map and to make an appointment Sought after position, SOUTH BUCKINGHAMSHIRE

Turnover 8,000
Price 145,000

Features

Attractive well Fitted Wine Bar & Restaurant with Full On Licence (catering For Tapas, Steaks Etc)

The Restaurant has the benefit of being situated adjacent to a Public Car Park (Pay & Display daytime - Free after 6 p.m.)

SPACIOUS SINGLE FRONTED WINE BAR/RESTAURANT with tiled floor, artificial beams, ceiling with inset spotlighting. Tales & chairs providing seating for 54 persons. BAR with marble top, 1 hand pump, 1 double door glass fronted counter fridge, 1 small wine fridge, 1 upright glass fronted wine fridge, ice machine, coffee machine, sink etc.

Ladies' cloakroom with 2 w.c's plus wash hand basin
Gentlemen's cloakroom with 2 w.c's, wash hand basin

LEVEL KITCHEN with non-slip floor, stainless steel extractor, tiled walls, 6-burner gas cooker with oven, double deep fryer, gas oven, 3 upright fridges, 3-door stainless steel counter fridge, 1 2-door stainless steel counter fridge, chest deep freezer, double sink, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages in the region of 8,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the split of turnover is approximately 50% catering plus 50% wet sales. We understand the turnover last year showed 380,000.

Staff

The business is at present operated by the vendor with the assistance of 2 full time famiy help. Kitchen area 2 full time staff.

Trading Hours

Monday - Friday inclusive - 11 a.m. - 12 midnight (please note the catering is only operated from 11 a.m. - 2.30 p.m. & from 5.30 p.m. - 10 p.m).
Saturday opening - 9.30 a.m. - 2 a.m. (we understand food on Saturday is available all day)
Sunday opening - 9.30 a.m. 12 midnight (we understand food on Sunday is available from 9.30 a.m. - 3 p.m.

Outside

Attractive enclosed courtyard ideal for tables & chairs (weather permitting)

Tenure

We understand the premises are held on a new lease from a private landlord for a period of 15 years from the 18th August, 2017 at a rental of 31,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 9,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 72,500 (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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