Restaurant for sale
Property description & features
- Tenure: Leasehold
- Restaurant
- Great Location
- Tastefully Presented Throughout
- Internal Viewings Recommended
- Off Street Parking x 2
- 1,500 Sq Ft
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.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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