Well Fitted Licensed Restaurant in Hertfordshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Hertfordshire.

Turnover £ 5,500
Price £150,000

Features

Well Fitted Licensed Restaurant

SINGLE FRONTED RESTAURANT in the region of 620 ft² WITH ELECTRIC SHUTTERS, tiled floor, spot light, hanging lights, Air conditioning with hot air.. Bar with 1 draft, EPOS till, under counter drinks display fridge (glass fronted upright double-door), EPOS till, CCTV system (8 cameras, 1 monitor)

Tables and chairs providing seating for 28 People.

Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), Tandoori oven, hot plate, fridges, freezers, microwave, deep fryer (2 pan), double sink and drainer, dishwasher.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £6,000 p.w. with a Gross profit of 65% approx. (50% VIA PORTALS)

Staff

The business is at present operated by the vendor with 2 full time & 5 part time staff.

Trading Hours

7 Day week
MONDAY 5pm - 12pm
TUESDAY - FRIDAY 12 noon -2.30pm then 5pm - 12pm
SATURDAY & SUNDAY 12noon - midnight

Outside

large Rear yard with storage and Parking space for 4 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2025 with reviews every 3 years (next review 2028) at a current rent of £23,400 p.a.

Business Rates from April 2026 £5,220 approx. (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.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote