Well Presented Restaurant in Bristol For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, DERBYSHIRE BRISTOL

Price £49,200

Features

Well Presented Licensed Restaurant (trading As Takeaway Only)

6 DAYS OPENING

The business currently trades as a Itilian restaurant, which could obviously be continued, however in our opinion there is potential for other types of cuisine, if desired.

DOUBLE DOORED PREMISES in the region of 775 ft² with ELECTRIC SHUTTERS. Air conditioning with hot air. Tiled floor, suspended ceiling with spotlights, sales counter, EPOS till. Tables and chairs providing seating for 50 persons.

KITCHEN fitted 2020 with stainless steel extractor unit. Single deck 32" pizza oven with conveyor belt, steamer, 4 deep fryers, Tandoori oven, 2 fridges, 2 freezers, refrigerated making table, preparation table, double sink and drainer, dough mixer, etc.

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

Small Stockroom

Turnover

WE ARE INFORMED the vendor enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the vendor with 3 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 5 p.m - 12 midnight
The Premises has a 5 a.m. licence

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Shared rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 8 years in 2020 with reviews every 4 years (next review 2024) at a current rent of £18,000 p.a.

Business Rates from April 2022 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,200 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,600 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote