Mediterranean Restaurant located on Busy Parade
IMPRESSIVE & SPACIOUS RESTAURANT with tiled floor and ceiling lighting. Restaurant is equipped a Large stainless steel counter table, 1 till, and 7 LED sign boards. Along with 2 Rotor grills, 2 pan-fryers, 1 Charcoal grill, 1 Pizza oven, 1 Rice cooker, 1 Cooled drink fridge. 5 partition freezer. 2 sink & drainers.
DOWNSTAIRS PREPARATION KITCHEN with tiled floor & tiled walls, 1 6 hob gas, 1 stainless steel preparation table, 1 microwave, 2 Extractor units, 1 meat grinder, 1 kneading machine, 2 walk-in cold rooms, double sink & drainer etc.
Fully tiled toilet each with w.c. & wash hand basin
2 CCTV Cameras
Large storage and stock space.
Seating holds 45 seats in total with capacity to extend to 50 seats.
Size of the Premise - Approx. 1325 Sqft.
WE ARE INFORMED the turnover currently is in the region of £10,000 p.w. Delivery channels such as Uber Eats & Deliveroo both active.
At present operated by the vendor with 4 full-time staff, with the addition of 2 part-time on Match days.
11.30 a.m. - 3 a.m. - Mon. - Thurs. & Sun.
11.30 a.m. - 4.a.m. - Fri. - Sat.
We understand the lease is offered by way of an assignment, and includes a further 16 years, with rent review every five years. The lease has the added benefit of 2 apartments situated above the business, which generate around 25,000 per year (500 per week). We are also informed the Rent is approx. £28,250 + VAT P.A.
Uniform Business Rates: We are informed approx. £2200
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES £245,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Coffee machine is NOT included in Leasehold)