No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire an old established Licensed Restaurant, at present Indian cuisine. The business has been in the same hands for the past 20 years and there are genuine reasons for sale.
Single fronted Restaurant with laminated strip floor, ceilling and wall lighting. Bar. Tables and chairs providing seating for 40 persons.
Kitchen at rear with Tandoori oven, 9-burner gas cooker with double oven, 1 microwave oven, 2 deep freezes, 1 upright stainless steel chiller, stainless steel table, double sink and drainer etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Staff
The Restaurant is at present operated by the vendor with the assistance of 3 staff in respect of the Restaurant plus 2 additional staff in respect of the kitchen.
Opening
Hours
12 noon - 2.30 p.m. & 6 p.m. - 12 midnight seven days per week
Outside
Yard at rear with rear access
Tenure
The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,100 p.a. approx. (after small business relief) + water rates (metered)
AS STATED THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
