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Thai Restaurant For Sale

Price:
Freehold - £395,000
Seller Ref:
H12470
Location:

Hampshire , Ringwood

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Hampshire
Food service businesses for sale in Hampshire
Description:
THE BUSINESS:
LOCATION
Furlong Shopping Centre within 225 yards, Central Shoppers Car Park approx. 225 yards. Bournemouth approx. 13 miles. Salisbury approx. 17 miles. Southampton approx. 21 miles.

FEATURES
New Forest Market Town restaurant. Rare freehold opportunity. Established restaurant – 11 years in current ownership. Self contained owners 5 bedroom accommodation. Fully fitted and equipped throughout. Would suit variety of catering operations. Planning permission previously granted to extend the restaurant (would need to be re-applied for). Parking for 4 cars.

SUMMARY OF ACCOMMODATION
Restaurant (52 covers). Cloakrooms. Kitchen. Staff Cloakroom. Walk in Store. Self contained owners accommodation comprising Office, 5 Bedrooms (1 en-suite), Lounge, Kitchen and Shower Room.

TRADING & BUSINESS
The current owners operate the premises as a Thai restaurant and trade evenings only, Monday to Saturday inclusive and are closed on Sunday’s. We have had sight of accounts that show in the year ending 31st March 2010, the turnover was £247,082 excluding VAT with a net profit of approximately £75,000. Further accounting information can be made available to genuinely interested parties.

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by New Forest District Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.
Location Details:
Furlong Shopping Centre within 225 yards, Central Shoppers Car Park approx. 225 yards. Bournemouth approx. 13 miles. Salisbury approx. 17 miles. Southampton approx. 21 miles.
Accommodation:
Restaurant (52 covers). Cloakrooms. Kitchen. Staff Cloakroom. Walk in Store. Self contained owners accommodation comprising Office, 5 Bedrooms (1 en-suite), Lounge, Kitchen and Shower Room.
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