Buy a Restaurant
Buy a business in Berkshire

Back to Businesses for Sale
Reference : R8729

Situated in a parade, excellent trading position,BERKSHIRE (Please register to make appointments and view addresses)

WE ARE INFORMED the turnover in respect of the Ground Floor Restaurant is in the region of £4,000/£4,500 p.w. in our opinion offering tremendous potential for further development in the right hands.

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outstanding opportunity to acquire a well appointed LICENSED RESTAURANT comprising Ground Floor Restaurant. In addition there is a spacious Basement Restaurant, not utilised at present.

The business is situated in an excellent prime trading position town centre of this Berkshire Town, expanding area with many flats being built close by.

Ground Floor - 2 entrances - Spacious RESTAURANT, at present Thai cuisine, with laminated strip floor. Tables and chairs providing seating for 60 persons. Ceiling lighting (on dimmers), air conditioning. Large bar with computerised till, optics, hand pumps, 2 single door glass fronted counter fridges, soft drinks dispenser (on loan), wash basin etc.

Small kitchen. The equipment includes 6-burner gas cooker, new deep fryer, new 3-door counter fridge, double sink and drainer.

First Floor Store/Beer Cellar with 2 fridges, 1 deep freeze

From the ground floor there is stairs to a large BASEMENT RESTAURANT, all well appointed. Air conditioning. Newly fitted in January, 2007. New tables and chairs providing seating for 60 persons. Ceiling with inset lighting. Large bar with hand pumps, soft drinks dispenser (on loan), 1 double door glass fronted counter fridge, 1 single door glass fronted counter fridge.

Please note the basement restaurant is not utilised and in our opinion offers tremendous potential for development of the business.

Large level kitchen with Tandoori oven, 5-burner Chinese cooker, double deep fryer, double sink and drainer, 2 fridges, 1 deep freeze etc.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin

Staff employed - 2 part time in respect of the Restaurant with 2 full time chefs employed in the kitchen area.

Monday - Saturday inclusive - 12 noon - 3 p.m. & 6 p.m. - 10.30 p.m.
CLOSED ALL DAY SUNDAY
It will be appreciated upon inspection that there is potential for Sunday opening

The accommodation in the form of a SELF CONTAINED FLAT, comprises:

3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

In addition there is an outside terraced area

Additional accommodation comprises a STUDIO FLAT of 2 rooms plus bathroom with w.c. and wash hand basin.

We understand the premises are held on a secure renewable lease having approximately 14 years unexpired at a rental of £28,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

Uniform Business Rates: £5,500 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULY APPRECIATED

Back to Businesses for Sale