Licensed Restaurant in Bedfordshire For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, BEDFORDSHIRE

Turnover £ 8,000
Price £169,500

Features

Well Established Licensed Restaurant

REAR GARDEN WITH SEATING FOR 40.

5 STAR HYGIENE RATING ~ 5 DAYS OPENING

DOUBLE FRONTED GRADE II LISTED PREMISES in the region of 1,500 ft². Woodstrip floor, beamed ceiliing with wall lights, combi boiler with radiators throughout.. Bar, EPOS till. Tables and chairs providing seating for 45 persons.

KITCHEN. Stainless steel extractor unit, Falcon 6-burner gas cooker, 4-burner gas cooker, grill, deep fryer, 3 3-door under-counter fridges, 2 freezers, deep freezer, sink and drainer.

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

Stairs to first floor

Tables and chairs providing seating for 25 persons

2 stockrooms

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by a husband & wife team with 3 full time kitchen staff and 3 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 6 p.m - 11 p.m
IN ADDITION FRIDAY & SATURDAY 11 a.m. - 3 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £25,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £169,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 84,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote