Attractive Licenced Restaurant in Surrey For Sale

Occupying a corner position, residential area, charming village, Surrey.

Turnover £ 15,000
Price £320,000

Features

Most Attractive Licensed Restaurant

6 DAYS OPENING
FORECOURT WITH PERMISSION 9 meter x 4 meters (20 people approx.)
SEATING FOR 180 PEOPLE
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 2,050 ft² with laminated strip floor, with hanging lights. Bar with 2 taps, EPOS till with 4 terminals. Tables and chairs providing seating for 50 People, CCTV system (6 cameras, 1 monitor).

Disabled Toilet with w.c. and wash hand basin.

Stairs to first floor in the region of 1,150 ft².

Additional Tables and chairs providing seating for 70 People.

Kitchen with stainless steel extractor unit, 2 meter charcoal grill, Cooker (Gas 6-burner), flat grill, deep fryer (2 pan), pizza oven (2-deck), Dough mixer, dishwasher, 3 under counter fridge, freezer, deep freeze, ice cream freezer, refrigerated making table.

Walkin cold-room.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Roof Terrance with Covered Tables and chairs providing seating for 60 People..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £15,000 p.w. with a Gross profit of 65% approx. (£500 per week via PORTALS)

Staff

The business is at present operated by the vendor with 7 full time & 5 part time staff.

Trading Hours

6 Day week
TUESDAY - THURSDAY 5pm - 10pm
FRIDAY 5pm - 12 Midnight
SATURDAY 12 noon - 12pm
SUNDAY 12 noon - 9pm

Outside

Small Yard

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 2017 with reviews every 5 years (next review 2027) at a current rent of £38,000 p.a. + VAT

Business Rates from April 2025 £9,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £320,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 160,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote