Immaculate Licensed Restaurant in Surrey For Sale

Situated in a parade, excellent main road trading position, sought after residential area, SURREY.

Price £300,000

Features

Immaculate, Professionally Designed & Equipped Licensed Restaurant

6 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 2,150 ft², Tiled flooring with suspeded ceiling and LED lighting.

Customer waiting area.

Quality tables and Chairs seating 70 people.

BAR - EPOS cash registers, under counter fridges, ice macker, 2 group coffee machine (on lease), mirror backed shelving, ewash hand basin.

Ladies cloakroom with toilet and wash hand basin.

Gentlemen's cloakroom with toilet and wash hand basin.

Professionally designed KITCHEN - Stainless steel extractor, induction cooker, large grill, oven, bain marie, heated cabinet, plate warmer, 2 combi ovens, double basket deep fat fryer, 7 fridges, 1 chest freezer, double sink and drainer, blender, packing and sealing machine. Wash hand basin, dishwasher, stainless steel preparation tables, etc,

Turnover

We are advised by the vendor the business enjoys a lucrative, increasing, turnover which, we understand, the vendor is happy to discuss on inspection.

Staff

The business is at present operated by the vendor with the assistance of 3 full time and 4 part time staff.

Trading Hours

6 Day week
TUESDAY 5 p.m. - 10 p.m.
WEDNESDAY - SUNDAY 12 noon - 11 pm
CLOSED MONDAY

We are advised there is demand and scope for longer opening hours.

Outside

2 parking spaces to rear.

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 2024 with reviews every 5 years (next review 2029) at a current rent of £40,000 p.a.

Business Rates from April 2025 £6,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £300,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

**PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS TO BE BY WAY OF SHARE TRANSFER**

Finance

Subject to status, you maybe able to borrow up to £ 150,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote