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ATTRACTIVE & WELL FITTED LICENSED RESTAURANT

Price:
Leasehold - £49,000
Turnover:
Register to view
Seller Ref:
R3256
Location:

Hampshire

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Hampshire
Chinese restaurants for sale in Hampshire
Other takeaways for sale in Hampshire
Thai restaurants for sale in Hampshire
Fast food restaurants for sale in Hampshire
Food service businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Established as Thai cuisine in August, 2008 previously operated as Italian Restaurant, in our opinion the Restaurant offers potential for a number of other types of cuisine, if desired.

Parking in front of parade restricted to 2 hours during the day. No evening restrictions.
In addition, there are two Free Parking shoppers' car park nearby.

SPACIOUS DOUBLE FRONTED RESTAURANT with front area, parquet floor, rear bar section with quality tiled floor, ceiling lighting. Air conditioning. Full Gas Fired Central Heating. Tables and chairs providing seating for 40 persons. BAR 2 glass fronted double door counter fridges, 1 upright glass fronted drinks fridge, wine racks, 2 group coffee machine.


Fully tiled ladies'/disable cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin

LEVEL KITCHEN fully equipped including glasswasher, ice machine, sink and drainer, 2 plate warmer cupboards, 2 small upright deep freezers, double deep fryer, commercial microwave oven, charcoal grill, 6-burner gas cooker plus 1 4-burner gas cooker (not used at present), 2 microwave ovens, 2-door stainless steel counter fridge, 5-burner Chinese cooker, stainless steel tables.

Wash-up area with fridge/freezer, upright stainless steel fridge, double sink and drainer, dishwasher.

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages a steady weekly taking of approximately £3,500 throughout the year, although we understand that this increases during the peak summer months to around £5,000 a week including a small portion of turnover from Takeaway. In our opinion there is tremendous potential to introduce hot food deliveries, if desired. Gross profit 68% approx.

We understand the premises are held on a secure renewable lease from a private landlord for a period of 10 years from July, 2008 at a rental of £15,000 p.a. exclusive of rates up to July, 2012, with rent to be agreed thereafter.

Uniform Business Rates: £1,059 p.a. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade of shops, excellent trading position. Close to Tesco Express, HAMPSHIRE.
Trading Hours:
Monday - Thursday inclusive - 5 p.m. - 10.30 p.m.
Friday & Saturday - 5 p.m. - 11 p.m. (last orde
Accommodation:
The accommodation in the form of a Two-bedroom FLAT on the first floor with FULL GAS FIRED CENTRAL HEATING, comprises:

2 small double bedrooms
Shower room, w.c. and wash hand basin
Open plan living room with fitted kitchen area

Garden plus parking for 3/4 cars
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