Meze Restaurant in Harwich For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, ESSEX HARWICH

Turnover £ 4,500
Price £89,500

Features

Licensed Meze Restaurant

FORECOURT WITH SEATING FOR 4 PERSONS

SINGLE FRONTED PREMISES in the region of 950 ft² with canopy. Tiled floor, suspended ceiling with spotlights. Bar, EPOS till. Tables and chairs providing seating for 60 persons. 3 Phase electric. CCTV system (6 cameras, 1 monitor).

OPEN PLAN KITCHEN. Stainless steel extractor unit, grill, 2 charcoal grills, 2-pan deep fryer, 4-burner gas cooker, 5 fridges, double door freezer, deep freeze, freezer, under-counter freezer, stainless steel preparation table, double sink and drainer, dishwasher, Rational oven.

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

Basement, used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500/£5,000 p.w. with a gross profit of 65% approx. (70% DELIVERY)

Staff

The business is at present operated by the vendor with 1 full time & 1 part time staff plus 1 delivery driver.

Trading Hours

7 Day week
MONDAY - SUNDAY 5 p.m - 10.30 p.m

Accommodation

Optional 2 bedroom flat if required

Tenure

The vendors owns the Freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease with rent reviews every 4 years at a current rent of £20,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote