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Fully Fitted Licensed Restaurant For Sale

Cranleigh, Surrey
Asking Price:
£55,000
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

Very attractive fully fitted licensed restaurant in an affluent Surrey town.

Attractive double fronted restaurant with a historic background , tables & chairs providing seating for 70 persons. Serving counter with coffee machine, sink, 2 glass counter bottle cooler fridge, 1 tall wine cooler, glass washer and ice machine.

Kitchen with tiled floor. The equipment includes 10 burner chinese water cookers with 2 in tank gas deep fryer, 1 char grill 1 stainless steel counter top fridge and freezer, commercial dishwasher and plate warmer .
Outside cold room & two store rooms
One currently being used as a dry room and other used for 2 large chest freezers
Downstairs gents & upstairs ladies & wash hand basin
Upstairs accommodation 5 bedrooms toilet and bathroom

Turnover
Turnover averages above 7k p.w. Previously doing an average of 18-20k in our opinion offering further potential to increase in the right hands.

Staff
The restaurant is at present operated by a team of 3 full time waiter/waitress with the assistance of 3 full time chef plus 1 full time kp

Trading hours
7 days a week
12-2.30 5.30-11pm

Tenure
The premises are held on a secure renewable lease for a period of 15 years from 2016 at a current rental of £38,000 p.a. Exclusive of rates

Must be seen to be fully appreciated

Price
To include the secure lease, goodwill, fixtures & fittings & accommodation £55,000 for a quick sale (no time wasters) if you would like to buy please ensure you have a personal license to sell alcohol.

Property information

Property:

Leasehold

Lease Terms:

15 years reneweable from 2016

Leasehold Rent:

£38,000 per annum

Living Accommodation:

Upstairs 5 bedrooms, oe en-suite, bathroom and toilet

Location:

Cranleigh,Surrey

Business Operation

Competition / Market:

No direct competition only Thai in the town.

Reasons for selling:

Too far away from home and short staffed

Trading hours:

12.30-2.20 5.30-11

Employees:
7
Years established:
2016

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