Pub & Restaurant in Cambridgeshire For Sale

Detached property, excellent trading position, residential, office and commercial area, Cambridgeshire.

Turnover £ 9,000
Price £160,000

Features

Pub & Indian Plus English Restaurant

5 STAR HYGIENE RATING

ALFRESCO KITCHEN with 2 Kamado Grills, fridge, deep fat fryer.

OUTSIDE HUTS with SEATING FOR 50 people

Ceiling with spot lights, wood strip floor, CCTV system (16 cameras, 1 monitor).

Bar with 8 taps and 2 IPA, EPOS till and tables and chairs providing seating for 60 People, snooker table (owned), Juke box (owned)
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

RESTAURANT AREA with Tables and chairs providing seating for 84 People. Carver section, Yofoodie till.

Disabled access Toilet with w.c. and wash hand basin.

Kitchen with stainless steel extractor unit, Tandoori oven, double fridge, freezer, 2 microwaves, 2 ovens, grill (6 burners), Deep fryer, plate warmer, 3 fridges, steam oven

Stock room..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a Gross profit of 65% approx. (50% Deliveries)

Staff

The business is at present operated by the vendor with 4 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 12 noon - 11pm
FRIDAY & SATURDAY 12 noon - Midnight
SUNDAY 12 noon - 10pm

Restaurant 4pm - 10pm Monday - Saturday

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Bathroom with bath, w.c. and wash hand basin.

Outside

Car parking for 15 cars, additional local parking.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £27,000 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote