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Reference R1849
Situated in a parade, excellent trading position, residential, office and commercial area, SURREY MITCHAM
Turnover £ 6,000
Price
£110,000
Features
Substantial well Established Licensed Restaurant & Pizzeria Plus Function Room A3 / A5 Use
OUTSIDE SEATING for 20 persons
6 DAYS OPENING
SINGLE FRONTED PREMISES in the region of 1,200 ft² WITH ELECTRIC SHUTTERS & CANOPY. Suspended ceiling with spotlights, tiled floor. Air conditioning with hot air. Tables and chairs providing seating for 60 persons.
Function room proving seating for 30 persons
2 BARS. EPOS till.
KITCHEN. Stainless steel extractor unit, dough mixer, 2-deck pizza oven, preparation table, refrigerated making table, 2 fridges, 3 freezers, 2 double sinks and drainer, glasswasher, commercial dishwasher, ice machine, hot cupboard.
Walk-in coldroom
Ladies' & Gentleman's Toilet with w.c. and wash hand basin.
Toilet with w.c. and wash hand basin. (Staff)
Turnover
WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (15% deliveries)
Staff
The business is at present operated by a husband & wife team with the assistance of 3 part time staff.
Trading Hours
6 Day week
TUESDAY - FRIDAY 5 p.m - 9.30 p.m.
SATURDAY - 12 noon - 10 p.m.
SUNDAY 12 noon - 9 p.m
Outside
Parking space for 2 cars.
Tenure
The vendors own the freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £45,000 p.a.
Business Rates from April 2023 £4,500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2001 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 55,000 (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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