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Modern Licensed Lithuanian Restaurant For Sale In Essex

Essex, UK
Asking Price:
£300,000
Turnover:
£416,000
Net Profit:
Undisclosed

6 DAYS OPENING

5 STAR HYGIENE RATING.

LIVE MUSIC LICENCE

DOUBLE FRONTED RESTAURANT in the region of 1,975 ft² with vinyl floor, spot lights & wall lights, Air conditioning with hot air. Bar with 4 taps, EPOS till, under counter glass fronted drinks display fridge, Coffee Machine (2 Group), CCTV system (11 cameras, 1 monitor)

Tables and chairs providing seating for 80 people.

Kitchen with stainless steel extractor unit, Cooker (Electric 8 Ring), convection oven, 4 microwaves, grill, stainless steel preparation tables, fridges, freezers, double sink and drainer, sink

Preparation / Wash room with dishwasher, sink, hand wash sink.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Staff Toilet with w.c. and wash hand basin.

2 x Stock rooms.

Office

LOCATION: Situated in a Parade, excellent trading position, residential, office and commercial area, Essex.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 65% approx. (15% via portals)

STAFFING: The business is at present operated by the vendor (part time) with 3 full time & 3 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold