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MapRestaurant for sale
High Street, Potters Bar
Restaurant
Features and description
- Tenure: Leasehold
- Restaurant
- Great Location
- Tastefully Presented Throughout
- Internal Viewings Recommended
- Off Street Parking x 2
- 1,500 Sq Ft
ESTABLISHED GOURMET BURGER RESTAURANT AND TAKEAWAY BUSINESS FOR SALE. SINGLE FRONTED PREMISES 1,500 sq. ft. Attractive high ceiling, chandeliers. Tables and chairs providing seating 70 persons. Counter to left. Fully Integrated EPOS till system with delivery platforms and Kitchen Display Unit (KDS) in place. 2 group coffee machine, ice cream cabinet, milkshake machines, under-counter fridges and freezers. Second counter, convection oven, (croissants & pastry), panini machine, microwave, under-counter fridges, hand wash basin.
Open Plan Kitchen
Industrial non slip, LED strip lights. Stainless steel extractor, 2 large electric griddles (Blue seal), pull drawer fridges beneath, salamander, 2 double basket fryers (stand alone full length), Baine Marie, panini griddle, Counter top fridge x2, dishwasher, double sink and drainer.
PREPARATION area with sinks, stainless steel counters. Large double fridge, under-counter fridge with stainless steel top.
Walk-in freezer.
Ladies' & gentlemen's toilets
Disabled toilets
First Floor office
Large basement providing storage
Turnover
We have been informed by the owner the turnover currently averages £8,000 p.w. with a gross profit of 65% approx.
Commercial Mexican Kitchen in place offering additional menu online via UBER EATS, JUST EAT and DELIVEROO. Eat in 40%. Delivery 60% Uber, Deliveroo and JustEat vendor uses his own drivers.
Staff
The business is at present operated by 2 partners with the assistance of 2 full time staff & 2 part time staff employed.
Trading Hours
7 Day week
Sunday - Thursday inclusive 12 noon - 9.30 p.m.
Friday & Saturday - 12 noon - 10 p.m.
Parking / External
Yard with parking for 2 cars
Tenure
We have been informed by the vendor that the premises are held on a Secure Renewable lease from a private landlord, granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £30,400 p.a.
Business Rates from April 2023 £2,400 approx. after small business relief (Please contact local authority to confirm).
Price
To include Secure Renewable Lease, goodwill, fixtures and fittings £95,000 plus stock at valuation.
what3words /// span.trader.spite
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Open Plan Kitchen
Industrial non slip, LED strip lights. Stainless steel extractor, 2 large electric griddles (Blue seal), pull drawer fridges beneath, salamander, 2 double basket fryers (stand alone full length), Baine Marie, panini griddle, Counter top fridge x2, dishwasher, double sink and drainer.
PREPARATION area with sinks, stainless steel counters. Large double fridge, under-counter fridge with stainless steel top.
Walk-in freezer.
Ladies' & gentlemen's toilets
Disabled toilets
First Floor office
Large basement providing storage
Turnover
We have been informed by the owner the turnover currently averages £8,000 p.w. with a gross profit of 65% approx.
Commercial Mexican Kitchen in place offering additional menu online via UBER EATS, JUST EAT and DELIVEROO. Eat in 40%. Delivery 60% Uber, Deliveroo and JustEat vendor uses his own drivers.
Staff
The business is at present operated by 2 partners with the assistance of 2 full time staff & 2 part time staff employed.
Trading Hours
7 Day week
Sunday - Thursday inclusive 12 noon - 9.30 p.m.
Friday & Saturday - 12 noon - 10 p.m.
Parking / External
Yard with parking for 2 cars
Tenure
We have been informed by the vendor that the premises are held on a Secure Renewable lease from a private landlord, granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £30,400 p.a.
Business Rates from April 2023 £2,400 approx. after small business relief (Please contact local authority to confirm).
Price
To include Secure Renewable Lease, goodwill, fixtures and fittings £95,000 plus stock at valuation.
what3words /// span.trader.spite
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
About this agent
Started in 1991 by Paul and Elsa Raine the company has always strived to be at the forefront of the estate agency market with an emphasis on high levels of service, communication, honesty, friendliness and a reputation to be proud of. By making sure that they employ some of the best people with the same values and high levels of work ethics, Raine and co has ensured success in every field. In the property market location is the key and Raine and Co covers most of Hertfordshire from our modern, prominent offices located strategically to support each other in busy positions in Potters Bar and Hatfield. Over the years Raine and Co has successfully expanded into Residential Lettings, Property Management, Block Management, Land Sales, Development, New Homes, Property Investment, Financial Services, Commercial Sales, Commercial Lettings and International properties with their very own Raine International office located in Nueva Andalucia, Spain while always making sure that the same core values and high service levels are met and exceeded. The Directors of Raine and Co strongly believe that the profession should be regulated and as a result are members of The National Association of Estate Agents, The Association of Residential Letting Agents, The National Approved Letting Scheme and The Ombudsmen for Estate Agents. Raine and Co is a member of The Property Ombudsman Scheme and Client Money Protection Scheme.