Freehold Wine Bar for Sale
Freehold : £ 570,000
Turnover : £ 3,000 p.w.
Excellent trading position, SURREY
WE ARE INFORMED the wet sales turnover is currently in the region of £3,000/£4,000 p.w. in our opinion offering tremendous potential for further development in the right hands & especially if the new owners exploited the catering side of the business.
||The accommodation comprises 2 SELF CONTAINED FLATS over each comprising:
2 Bedrooms (1 double, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge with fitted kitchen area
1 of the flats is at present let on a shorthold tenancy & provides a rental income of £750 per month, however we understand that vacant possession can be given on completion, if required.
The additional flat we understand can be let to provide a rental income of £850 per month, if desired.
We understand from the present owner that there is potential to build 2 further flats at rear. We understand the planning permission has recently expired & would therefore have to be reapplied for. In addition there is a large loft area having potential to develop in to further accommodation, if desired.
||OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £570,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT