Impressive Bar and Restaurant in Surrey For Sale

Detached property, prominent trading position, residential area, Surrey.

Turnover £ 10,000
Price £280,000

Features

Pub & Restaurant - Licensed For 150 People

FORECOURT WITH SEATING FOR 20 PEOPLE
SIDE GARDEN WITH SEATING FOR 50 PEOPLE

Detached Property, wood strip floor, led lights. Bar with seating for 10 People, EPOS till, 10 taps. Tables and chairs providing seating for 60 People (can be expanded)

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), deep fryer (2 pan), pizza oven (2-deck), convection Oven,, fridge, freezer, pasta boiler, etc.

Walkin coldroom

First floor with Darts and Karioke. (like flight club.)

Additional Toilets

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 4 full time staff employed. with the assistance of 2 part time staff. We are informed the wage bill averages £2,750p.w. approx.

Trading Hours

7 Day week
SUNDAY - THURSDAY 12 noon - 10 pm
FRIDAY & SATURDAY 12 noon - midnight

Outside

Beer Garden

Tenure

The vendor owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE granted for 15 years in 2025 with reviews every 3 years (next review 2028) at a rent of £60,000 p.a. for the first 3 years.

Business Rates from April 2025 £10,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £280,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 140,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote