Price: £ 170,000

LOCATION:                A rare opportunity in a great position of the main densely populated town centre opposite the Station, a bus station and a huge development of 600 homes currently under construction. There is also an existing brand new development of flats just been built across the road.


DESCRIPTION:           A large restaurant (2,100 sq ft) with 85 (max 100) covers. There is a bar section and a fully fitted open plan kitchen, ladies and gents wc’s, a small office room and also a Staff wc. To rear is the wash up and preparation area. The rear door leads to an under cover yard with a walk-in cold room and a walk in freezer, delivery entrance and also a rear entrance to the flat above. There is also a 4 Car parking space to rear.


BUSINESS:                 Well established, 10 Years in the same hands currently taking £7,500/£8,000 pw @ 65%/70% g.p reluctantly offered for sale owing health and other commitments.


HOURS:                      11 am to 11 pm daily.


EQUIPMENT:              Fully fitted with BFC cappuccino machine, grinder, Hobart glass washer, Datavan epos system, a large safe, fully air conditioned and central heating, a fully fitted and equipped kitchen (full inventory available on request).


ACCOMODATION:     Self-contained one bedroom flat on the first floor with a large open space on the second floor which can be made into a 2 bedroom flat.


TENURE:                    LEASEHOLD – 15 year renewable lease from May 2009 with 5 yearly rent reviews at the current rent of £50,000 pa. No further rent reviews to the expiry of the lease.


RESTRICTION:           Cannot be Turkish cuisine or kebabs.



NEGOTIATIONS:        Strictly through PEGASUS BUSINESS SALES on 020 7935 3939. Confidential Sale.

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