Authentic Greek Restaurant in Surrey For Sale

Situated in a parade, excellent trading position, SURREY

Turnover £ 7,500
Price £120,000

Features

Licensed Authentic Greek Restaurant

5 DAYS OPENING
FORECOURT WITH SEATING FOR 8 PEOPLE
LIVE MUSIC LICENCE
5 STAR HYGIENE RATING

BI FOLD FRONTED PREMISES in the region of 935 ft² WITH CANOPY, laminated strip floor, ceiling with hanging lights, Air conditioning with hot air. Bar, EPOS till. Tables and chairs providing seating for 50 People, CCTV system (2 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 4-burner), deep fryer (2 pan), grill, plate warmer, bain marie, combi oven, microwave (commercial), glass display cabinets, dishwasher, etc..

Toilet with w.c. and wash hand basin.

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

Small Store room..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by the vendor with 1 full time and 5 part time staff.

Trading Hours

5 Day week (Lecensed 8am - 11pm)
WEDNESDAY - FRIDAY 12 noon - 3 then 6pm 5pm -10 pm
SATURDAY 12 noon - 10 pm
SUNDAY 12 noon - 5 pm

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 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £18,000 p.a. + VAT

Business Rates from April 2024 £9,770 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote