Licenced Restaurant in Surrey For Sale

Situated in a parade, excellent trading position, SURREY

Turnover £ 7,500
Price £145,000

Features

Licenced Restaurant

4 STAR HYGIENE RATING
6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 600 ft² with laminated strip floor, suspended ceiling with spot and hanging lighting, Air conditioning with hot air, Bar with 1 tap, EPOS till, drinks display fridge (glass fronted upright double-door), drinks display fridge, freezer, Tables and chairs providing seating for 36 People (can be expanded), CCTV system (3 cameras, 1 monitor).

Toilet with w.c. and wash hand basin.

Kitchen (with serving hatch), stainless steel extractor unit, gas grill, large deep fryer (2 pan), deep fryer (2 pan), Gas 6-burner Cooker, 2x freezer, 2x fridge, saladbar (cool).

Walkin coldroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a Gross profit of 65% approx. (33% Deliveries)

Staff

The business is at present operated by the vendor, 4 front of house, 4 kitchen staff

Trading Hours

6 Day week
MONDAY - 5pm - 9pm
TUESDAY - THURSDAY 12 noon - 2 pm then 5am - 9pm
FRIDAY & SATURDAY 12 noon - 9pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:

4 Bedrooms (3 double, 1 Single).
Open plan Kitchen / Lounge.
Bathroom with bath, w.c. and wash hand basin.
Shower room, w.c. and wash hand basin.

Outside

Yard at rear with side access

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 2023 with reviews every 5 years (next review 31st October 2028) at a current rent of £27,500 p.a.

Business Rates from April 2024 £1,960 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote