2 Consort Way

Horley, Surrey, RH6 7AU

FULLY FITTED RESTAURANT
FREEHOLD AND BUSINESS FOR SALE
134.26 SQ M (1,400 SQ FT)

Status

For Sale

Location

Horley is situated approximately 2 miles north of Gatwick Airport, with nearby towns including Crawley to the South and Reigate to the north. The town is one mile east of the M23. Horley's mainline railway station is a 5 minute walk and offers a direct rail link into central London & Gatwick Airport.

The property is situated on Consort Way, off Victoria Road and is close to a variety of retailers including The Original Factory Shop, Waitrose, Boots and a number of banks. There are a number of pay and display car parks located next to the premises, which currently offer free parking after 6pm.

Description

The property is operated as Il Sorriso Restaurant, an established business of over 20 years currently offering fine Italian cuisine.  The ground floor fully fitted restaurant offers 70 covers and comprises a dining area with bar, kitchen, store area and 2 WC's (one disabled). The restaurant also has a license from the local council to use the patio to the front (not included within the demise) for outside seating on the proviso that the area is maintained. This offers approximately a further 20 covers.

There is potential for a purchaser to extend above the premises, subject to obtaining the necessary planning consent. 

Hours of operation

12 pm - 2.30 pm
5.30 pm - 11.00 pm

The restaurant does not currently operate on a Sunday or Monday lunch, offering a purchaser further scope to increase profitability. 

Accommodation

The property comprises the following approximate net internal floor areas:

Dining area 100.82 sq m (1,085 sq ft)
Kitchen 21.64 sq m (233 sq ft)
Store 11.80 sq m (82 sq ft)
Total 134.26 sq m (1,400 sq ft)

Further limited height storage can be found at first floor level.

Tenure

The sale of the freehold interest is available. 

Premium

Offers are sought in the order of £200,000 for the on-going business together with the goodwill, fixtures, fittings and stock. A full inventory is available upon request.

VAT

We understand that VAT is not applicable on the terms quoted.

Price

Offers are invited in the order of £550,000

Business Rates

£11,880, per annum, (based on rateable value of £24,750)

Legal Costs

Each party to be responsible for their own legal costs. 

Energy Performance Rating

Upon enquiry

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