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Reference R3022
Turnover £ 2,500
Price
£95,000
Newly Fitted Bar & Restaurant
DOUBLE FRONTED PREMISES in the region of 1,750 ft² WITH ELECTRIC SHUTTERS, hanging lights and Spot lights. Bar, EPOS till. Tables and chairs providing seating for 50 People.
Open plan kitchen area, stainless steel extractor unit, Tandoori oven, charcoal grill, 2 hobs, fixed Jamaican Pot, fridges, freezers, microwave oven.
Walkin coldroom.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin..
WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 65% approx. (20% VIA PORTALS)
The business is at present operated by the lady vendor with 1 full time staff employed.
7 Day week
MONDAY - SUNDAY 11am - Midnight
Parking space for 1 car.
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £26,500 p.a.
Business Rates from April 2026 £1,000 approx. (under appeal) (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 47,500 (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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