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WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65/70% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS DOUBLE FRONTED RESTAURANT, carpeted. Tables and chairs providing seating for 54 persons (could be increased to accommodate 60 persons). Wall and ceiling lighting. Bar.
Level kitchen with non-slip floor. The equipment includes Tandoori oven, 3 6-burner gas cookers, stainless steel tables, microwave oven, walk-in coldroom etc.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 2 w.c's, wash hand basin
Staff
The Restaurant is at present operated by the vendor with the assistance of 4 full time and 2 part time in respect of the Restaurant area plus kitchen area - 2 full time chefs plus 2 full time kitchen staff.
Opening
Hours
12 noon - 2.30 p.m. & 6 p.m. - 11 p.m. seven days per week
Accommodation
The accommodation comprises:
3 Bedrooms (1 large double plus 2 additional doubles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen (not utilized at present)
Outside
Yard plus garden
Tenure
We understand the premises are held on a secure renewable lease the present lease having approximately 5 years unexpired at a rental of £23,000 p.a. exclusive of rates. We understand that there is also an option to renew the lease for a further 15 years at rent to be agreed.
Uniform Business Rates: £11,000 p.a. approx. + water rates