Superbly Fitted Fast Food Restaurant. For Sale

Business description

At present Indian and Pakistani cuisine, which could obviously be continued. In our opinion, there is potential for other types of cuisine, if desired.

Spacious double fronted Restaurant with new shop front plus electric shutters, new ceramic tiled floor, ceiling with inset lighting, 1 air conditioning unit, new tables and chairs providing seating for 52 persons, 1 upright double door glass-fronted drinks display fridge (on loan from Coca Cola), mirrors to walls, 2 2m cool display units, cool display counter unit, large charcoal grill with extractor over, large chicken rotisserrie, new stainless steel canopy, stainless steel cladding to cooking area, 2 tandoori ovens, double deep fryer, 4-pot bain marie, kebab machine, electronic cash register, 1 domestic plus 1 commercial microwave oven.

Level preparation Kitchen at rear, with tiled floor. Additional tandoori oven (not used at present), 2 large single-burners, 2 upright double door stainless steel fridges, double sink and drainer, etc.

Fully tiled disabled/ladies' cloakroom with w.c. & wash hand basin.
Fully tiled gentlemen's cloakroom with w.c., urinal and wash handbasin.

Stairs to basement, 1 fridge, upright deep freeze, chest deep freeze.

Property information

Property:

Leasehold

Lease terms:

WE UNDERSTAND the premises are held on a secure renewable lease for a period of 25 years from --.--.--, at a rental of £24,000 p.a. excl. of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform business rates £6,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATE.

Location:

Situated in a parade, excellent trading position, close to railway station, SURREY.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £129,995 PLUS STOCK AT VALUATION. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Trading hours:

Monday/Saturday incl. 12 noon - 1 a.m.
Sunday opening 12 noon - 12 midnight.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.