High Street, Potters Bar
- PROPERTY TYPE
Restaurant
- BATHROOMS
4
- SIZE
Ask agent
Key features
- Restaurant
- Great Location
- Tastefully Presented Throughout
- Internal Viewings Recommended
- Off Street Parking x 2
- 1,500 Sq Ft
Description
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.
High Street, Potters Bar
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Potters Bar Station0.7 miles
- Hadley Wood Station1.7 miles
- Brookmans Park Station2.2 miles
About the agent
Raine & Co, Hatfield
11 Market Place, Hatfield, AL10 0LJ
Started in 1991 by Paul and Elsa Raine the company has always strived to be at the forefront of the estate agency market with an emphasis on high levels of service, communication, honesty, friendliness and a reputation to be proud of. By making sure that they employ some of the best people with the same values and high levels of work ethics, Raine and co has ensured success in every field.
Notes
Disclaimer - Property reference 10003594_RAIN. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Raine & Co, Hatfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.