Authentic Italian Restaurants in Hindhead For Sale

Situated in a parade, sought after residential area, Hindhead, on the SURREY/WEST SUSSEX BORDERS. HINDHEAD

Turnover £ 5,000
Price £99,950

Features

Authentic Italian Café / Restaurant

Outside seating for 8 persons

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 895 ft² with AWYNING. Hard wood flooring, character pendant lighting. Tables and chairs seating 28 persons. Counter, EPOS cash register, 3-group coffee machine, knockout drawer, grinder, 2 under-counter fridges, full height fridge, triple door display fridge, double door display fridge, deli counter display fridge, double deck pizza oven, meat slicer, 2 microwaves, chest freezer, wash hand basin.

SEPARATE KITCHEN. Stainless steel extractor, 5 ring electric hob, dishwasher, double sink with drainer, stainless steel preparation table, chest freezer, ice machine, blender.

Unisex cloakroom with toilet and sink

Store cupboard

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 operated by the vendor with 2 full time staff plus the assistance of 2 part time staff. We are informed the wage bill averages £1,000 p.w. approx.

Trading Hours

6 Day week
MONDAY - WEDNESDAY - 8.30 a.m - 5.30 p.m
THURSDAY - SATURDAY - 6 p.m - 10 p.m
CLOSED SUNDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2018 with reviews every 5 years at a current rent of £13,000 p.a.for the remainder of the lease.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote