High Street, Potters Bar

Price £95,000 Available
  • Restaurant
  • Great Location
  • Tastefully Presented Throughout
  • Internal Viewings Recommended
  • Off Street Parking x 2
  • 1,500 Sq Ft

ESTABLISHED GOURMET BURGER RESTAURANT AND TAKEAWAY BUSINESS FOR SALE. SINGLE FRONTED PREMISES 1,500 sq. ft. Attractive high ceiling, chandeliers. Tables and chairs providing seating 70 persons. Counter to left. Fully Integrated EPOS till system with delivery platforms and Kitchen Display Unit (KDS) in place. 2 group coffee machine, ice cream cabinet, milkshake machines, under-counter fridges and freezers. Second counter, convection oven, (croissants & pastry), panini machine, microwave, under-counter fridges, hand wash basin.

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

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.

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

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).

To include Secure Renewable Lease, goodwill, fixtures and fittings £95,000 plus stock at valuation.

Business Rates
Hertsmere, Exempt

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.

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