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Home Businesses Fast Food Restaurants Lincolnshire Attractive Licensed Restaurant...

Advert Ref : R1624 Fast Food Restaurants for sale in Lincolnshire

Attractive Licensed Restaurant

Excellent trading position, next door to a Nightclub, LINCOLNSHIRE

Features Outstanding opportunity to acquire a well fitted Licensed Restaurant, at present Indian cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine including fast food restaurant as the business is situated next door to a Nightclub. The business also benefits from being in a tourist area.

Full Gas Fired Central Heating

GROUND FLOOR RESTAURANT newly fitted approx. 18 months ago, woodstrip floor, wall and ceiling lighting. Air Conditioning. New tables and leather chairs providing seating for 36 persons. Fully fitted bar with hand pump, glasswasher plus sink.

Level kitchen fully equipped including non-slip floor, stainless steel extractor unit, stainless steel cladding to walls, Tandoori oven, 1 hotplate, 12-burner gas cooker, upright single door stainless steel fridge, double sink and drainer, microwave oven.

Storeroom with 1 deep freeze, 1 fridge, shelving etc.

Stairs to basement with ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
In addition there is a cellar storage area
Turnover WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering further potential to increase in the right hands.
Staff The restaurant is at present operated by the vendor with the assistance of 3 full time in respect of the restaurant area plus 3 full time in respect of the kitchen area.
Opening Hours 12 noon - 2 p.m. & 6 p.m. - 12 midnight seven days per week
Accommodation The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin

Second Floor
1 Additional Double Bedroom
Family Bathroom with bath, w.c. and wash hand basin

Third Floor
1 Double Bedroom
1 Single Bedroom
Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 16,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 3,500 p.a. approx.

Viewing Please call 020 8763 1777 for an appointment to view
Reference R1624


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Business Summary
Reference: R1624
Accom: Yes
Turnover: 3,500 p.w.
Leasehold: 45,000
was 57,000

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Finance the Purchase
We can lend you up to 23,000 to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.

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