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Reference R3014
Situated in the parade, excellent High Street trading position, near SURREY.
Turnover £ 15,000
Price
£285,000
Features
Licensed Grill Restaurant
5 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES in the region of 1,415 ft² WITH ELECTRIC SHUTTERS & CANOPY, tiled floor, hanging lights. Bar with fridges, EPOS till, wine cooler (glass fronted), CCTV system (9 cameras, 1 monitor).
Tables and chairs providing seating for 52 People.
Open plan kitchen area, stainless steel extractor unit, charcoal grill, pizza oven (2-deck), Cooker (Gas 6-burner), 2 fridges, freezer.
Walkin coldroom.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Basement, used for storage purposes.
Walkin freezer room.
Stock room, wine cooler (glass fronted), fridge, 3 deep freezes.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £15,000 p.w. with a Gross profit of 65% approx. (£3,500 via portals)
Accounts 30th November 2025 show sales of £523,923, with a GP of £181,020
Staff
The business is at present operated by 4 full time & 4 part time staff.
Trading Hours
7 Day week
SUNDAY - THURSDAY 11am - 10pm
FRIDAY & SATURDAY 11am - 13pm
Accommodation
THE SELF CONTAINED ACCOMMODATION (HMO Licence Pending) at present let on a shorthold tenancy providing a rental income of £3,400 per month. The accommodation comprises:
5 Bedrooms (4 double (£750 each per month), 1 Single (£400 per month).
Kitchen.
Bathroom with bath and Shower, w.c. and wash hand basin.
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 £42,000 p.a.
Business Rates from April 2026 £5,600 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £285,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 142,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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