For Sale
Highly Rated Mediterranean & English Cafe Restaurant For Sale
Weybridge, Surrey
- Asking Price: £199,999 +SAV
-
Turnover:
We are advised the business has generated a turnover in the region of £381,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07183
Hilton Smythe are delighted to welcome to the market Gok's Kitchen, a highly rated Mediterranean/English Cafe & Restaurant in Weybridge, Surrey.
Gok's Kitchen was first established by our client in 2019, building up an excellent reputation during its time of trading. As seen by some online ratings and reviews, the business is extremely popular within the local area.
The restaurant has come to the open market as our client is now looking to pursue other business interests.
Business activities -
- The best breakfast, brunch & lunchtime menu!
- Mediterranean/English Cafe & Restaurant focused with traditional favourites
- Menu includes – Traditional breakfasts, brunches, Omelettes, Panini’s, Sandwiches, hot & cold Mezes, Salads, Wraps, Burgers, grill & Seafood
- Hot drinks, alcohol & juices
- Daytime focused business
- Highly desirable location
- Refurbished to an extremely high standard
- Loyal team in place
- Much loved community driven business
- Highly profitable business model
- Opportunity to add an evening bistro/restaurant menu
- Full business handover offered
- Premises has an alcohol licence
- Extend current opening hours
- Add evening bistro menu
- Increase the wet side of the business (license available until 10.30pm each day)
- Increase deliveries (through linking with key online delivery partners)
- Add outside catering
We are advised that the business has 6 members of staff.
The current trading hours are -
Monday to Sunday : 8:00am - 5:00pm
Gok's Kitchen is located on Church St, in the heart of Weybridge, Surrey.
The business has eye catching signage and receives high levels of footfall and passing trade.
Occupies a single fronted premises in a highly desirable location.
Ground floor -
- Open plan dining area – 30 – 35 covers
- Bar servery
- Commercial kitchen
- Storeroom
- Toilet facilities
- Cold storeroom
- Rear Garden cover 20-25 (Heated and Covered Garden)
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £31,000 per annum, with rates payable at £6,299.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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