Restaurant

REASON FOR SALE:
Our client is selling the business after 25 years due to retirement

THE OPPORTUNITY:
-Weekly Turnover: circa. £4,000
-Fully equipped with high-quality and modern equipment, enabling smooth and efficient operations.

LOCATION:
- Bold signage displayed across the width of the shop, with an entrance door and large glass windows that allow natural light to flood the store, creating a bright and inviting atmosphere.
-Surrounded by residential neighbourhoods, providing a steady stream of local customers and repeat business.
-Strong community presence with nearby pharmacies, convenience stores, and bus routes driving traffic past the shop
- The business is located on a busy high street

WEEKLY TURNOVER:
-We have been advised by our client that the business generates an average weekly turnover of £4,000.
-circa £3,300 of the revenue is derived from walk-in customers, and the rest is deliveries circa £700. The business only uses Just Eats

RENT
The annual rent is £9,000 which come to around £750 PCM.

TENURE
The business is being offered for sale by the assignment of an existing lease with 20 years remaining

TRADING HOURS
Monday to Thursday - 11:30am to 9:00pm
Friday to Saturday - 11:30am to 10:00pm

FIXTURES & FITTINGS:
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

RATES:
-No business rates
-Purchasers should enquire with relevant local authorities to confirm the rates payable.

LEGAL COSTS:
-Each party to be responsible for their own legal costs in connection with the sale
-Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.

TRADING INFORMATION:
-Trading information will be made available to genuinely interested parties who have signed a Non-Disclosure Agreement and viewed the premises

DEPOSIT:
-Successful Applicants will be required to pay a non-refundable deposit.

VIEWING ARRANGEMENTS:
-Important: Discreet customer visits are encouraged, but DO NOT approach the vendor or staff directly.

For more details or to arrange a viewing, contact Mailbox Estates today.

Tenure: Leasehold (20 years)