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WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS RECENTLY REDUCED TO £119,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire a well equipped Licensed Restaurant at present Thai cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position there is potential for other types of cuisine, if desired.
DOUBLE FRONTED SPLIT LEVEL RESTAURANT with quarry tiled floor, hanging lighting, ceiling fan. Bar. Tables and chairs providing seating for 35 persons.
Customer's/disabled cloakroom
Catering kitchen with ceramic tiled floor. The equipment includes 5-burner Wok cooker, stainless steel extractor unit, 2 stainless steel fridges, 1 stainless steel counter fridge, 2 upright stainless steel deep freezes, 3 microwave ovens, sink and drainer etc.
Staff
The business is at present operated by the owners with the assistance of 1 full time plus 1 part time chef and 1 part time waiter.
Opening
Hours
Tuesday - Sunday inclusive - 11.30 a.m. - 3 p.m. & 5.30 p.m. - 11.30 p.m.
CLOSED ALL DAY MONDAY
Accommodation
The accommodation with separate front door entrance, all FULLY CARPETED and in GOOD CONDITION, comprises:
First Floor
3 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Kitchen with fitted units
Stairs to large attic area comprising:
Double Bedroom with small lounge area
En suite shower room with shower, w.c. and wash hand basin
It will be appreciated upon inspection that if the accommodation is not required for personal use, the rooms could be let on shorthold tenancies we understand to provide a rental income of approx. £100 p.w. per room.
Tenure
We understand the entire premises are held on a secure renewal lease having approximately 17 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,800 p.a. approx. (after small business relief)
