Licensed Thai Restaurant in Surrey For Sale

Terraced property with an attractive forecourt in the heart of town. Excellent trading position, residential, office and commercial area, Surrey

Turnover £ 3,750
Price £97,000

Features

Licensed Thai Restaurant

4 STAR HYGIENE RATING
4 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 650 ft² with tiled floor, ceiling with spot lights, Air conditioning with hot air, Tables and chairs providing seating for 42 People.

Kitchen, stainless steel extractor unit, Chinese Cooker (5-burner), microwave, Deep fryer, grill, Bean to Coffee Machine, dishwasher, 2 stainless steel preparation table, double sink and drainer.

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

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 - £4,000 p.w. with a Gross profit of 65% approx. (including £2,000 online sales)

Staff

The business is at present operated by the vendor with 2 full time & 2 part time staff.

Trading Hours

4 Day week
WEDNESDAY - SATURDAY 6pm - 10:30pm

Outside

Rear garden

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 2018 with reviews every 4 years (next review 2026) at a current rent of £13,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £97,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 48,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote