Restaurant and Bar in Dorset For Sale

Situated in a small parade, excellent trading position, residential, office and commercial area, Dorset.

Turnover £ 6,500
Price £45,000

Features

Well Presented Bar & Restaurant

5 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 980 ft² with laminated strip floor, suspended ceiling with spot and hanging lighting, Air conditioning with hot air. Bar, drinks display fridge (glass fronted upright double-door), EPOS till. Tables and chairs providing seating for 50 People, CCTV system (6 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Gas 6-burner Cooker, grill, Oven, Deep fryer, fridge, 2 freezers, ice machine, dishwasher.

Walkin coldroom.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 65% approx. (40% DELIVERIES)

Staff

The business is at present operated by the vendor with 1 full time & 2 part time staff.

Trading Hours

5 Day week
TUESDAY - THURSDAY 5pm - 10pm
FRIDAY & SATURDAY 5pm - 1.30am

Outside

Rear yard with parking space for 1 car.

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 2022 with reviews every 5 years (next review 2027) at a current rent of £12,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote