Greek Restaurant and Takeaway in Hampshire For Sale

Situated in a Parade, excellent trading position, residential and commercial area, Hampshire.

Turnover £ 5,500
Price £75,000

Features

Mediterranean Restaurant and Takeaway Specialising In Greek Foods, Shakes and Waffles

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 600 ft², Laminate flooring, plasterboard ceiling with a selection of pendant and spot lights. CCTV (4 cameras).

Customer waiting area.

Tables and chairs seating 24 people.

Counter, touch screen cash register, wash hand basin, coffee machine, ice cream machine, waffle machine, milk shake blender, chest freezer, etc,

Customer cloakroom with toilet and wash hand basin.

Kitchen with stainless steel extractor, double basket deep fat fryer, chip dump, grill, 2 doner machines, under counter fridge, burger station with fridge, bain marie (3 pot), double door fridge, chest freezer, dishwasher, double sink and drainer, stainless steel preparation table, etc.

2 Store rooms.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. - £6,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 2 full time and 3 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 11.30 a.m. - 11 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £18,000 p.a. + V.A.T.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote