Immaculate Thai Restaurant in Berkshire For Sale

Situated in a parade, prominent trading position, residential, office and commercial area, BERKSHIRE

Turnover £ 3,000
Price £60,000

Features

Immaculate Licensed Thai Restaurant


6 DAYS OPENING

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 550 ft², GRADE II LISTED BIULDING, Hardwood floor, wall lights, CCTV (5 cameras).

Bar - Touch screen cash register, fridges, etc.

Tables and chairs seating 40 customers.

Separate Kitchen - Tube lighting. Stainless steel extractor, 5 burner wok hob, oven, double basket deep fat fryer, plate warmer, under counter fridge, freezer, single sink, stainless steel preparation table, etc.

Customer cloakroom with toilet and sink.

Stairs to basement.

Ice machine, fridge, freezer, fully shelved, stainless steel tables, dishwasher, glass washer, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the 2 partners with 2 full time staff and 5 part time staff.

Trading Hours

6 Day week
WEDNESDAY - MONDAY 5 p.m. - 10 pm.
CLOSED TUESDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £29,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote