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Superbly fitted and spacious LICENSED RESTAURANT including steaks, fish

Price:
Leasehold - £175,000
Turnover:
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Seller Ref:
R2309
Location:

Hertfordshire

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Hertfordshire
Other takeaways for sale in Hertfordshire
Fast food restaurants for sale in Hertfordshire
Food service businesses for sale in Hertfordshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Full A3 use

SPACIOUS PREMISES with double door entrance. Front area with counter providing takeaway section.

IMPRESSIVE & SPACIOUS RESTAURANT with quality tiled floor, ceiling with inset spotlighting. Tables and chairs providing seating for 70 persons. 2 air conditioning units. Attractive and spacious wooden bar with 4 hanging lights over, shelving, glass washer, 2 undercounter glass fronted counter fridges.

OPEN PLAN KITCHEN AREA. Well equipped including 3-pan gas Preston & Thomas wall range, electronic cash register, bain marie, stainless steel extractor, 2-burner charcoal grill, 6-burner gas cooker with oven, 2 salamander grills, 4-door Williams stainless steel counter fridge, double door Williams stainless steel fridge. Wash-up area with dishwasher etc.

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

WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease for a period of 25 years from May, 2009 at a current rental of £35,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £14,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
Location Details:
Situated in a parade, excellent main road trading position, HERTFORDSHIRE
Trading Hours:
12 noon - 11 p.m. seven days per week
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