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ATTRACTIVE WELL FITTED LICENSED RESTAURANT

Price:
Leasehold - £50,000
Turnover:
Register to view
Seller Ref:
R2789
Location:

Surrey

Business Type:

Food Service Businesses

See Other:
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Restaurants for sale in Surrey
Other takeaways for sale in Surrey
Fast food restaurants for sale in Surrey
Food service businesses for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present Sri Lankan cuisine, which could obviously be continued and in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Service road in front of parade

SPACIOUS SINGLE FRONTED RESTAURANT with woodstrip floor. Tables and chairs providing seating for 50 persons. BAR with 1 hand pump, glasswasher, 3-door glass fronted counter fridge.

LEVEL KITCHEN with quarry tiled floor. The equipment includes Tandoori oven, 8-burner Chinese cooker, 6-burner gas cooker, 2 fridges, 4 deep freezes, double sink and drainer, dishwasher etc.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Fully tiled disabled cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £18,000 p.a. exclusive of rates. We understand that no increase was requested at the last rent review. We further understand that the rent reviews are every 4 years.

Uniform Business Rates: £1,200 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, SURREY
Trading Hours:
6 days per week Tuesday - Sunday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m.
CLOSED ALL DAY M
Accommodation:
The SPACIOUS living accommodation FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and provides a rental income of £1,200 per month, however, we understand that vacant possesion can be given on completion, if desired. The accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Shower room with shower, w.c. and wash hand basin
Separate cloakroom with w.c. and wash hand basin
Kitchen

(It will be appreciated upon inspection that 1 of the bedrooms could readily be utilized as a living room, if required).

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