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Restaurant for sale in West Midlands

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Reference : R8717

RESTAURANT

       

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
 

Location

Situated in a parade, excellent main road trading position, densely populated residential area, WEST MIDLANDS (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £1,400 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

At present operated as Persian cuisine, which could obviously be continued, and in our opinion in view fo the excellent main road trading position, there is potential for other types of cuisine, if desired.

DOUBLE FRONTED RESTAURANT with tiled floor, ceiling lighting. Tables and chairs providing seating for 32 persons (can be increased to accommodate in the region of 44 persons, if desired).

Ladies' and gentlemen's cloakrooms

Level kitchen with non-slip floor, 6-burner gas cooker, deep fryer, 2 microwave ovens, 2 fridges, 2 deep freezes, stainless steel work surfaces, double sink and drainer etc.

Staff

The Restaurant is at present operated by the vendor with the assistasnce of 1 full time and 1 part time staff.

Opening Hours

5 p.m. - 12 midnight seven evenings per week

Accommodation

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

4 Rooms
Bathroom with bath, w.c. and wash hand basin
Kitchen

Tenure

We understand the premises are held on a lease for a period of 15 years from August, 2007 at a rental of £10,800 p.a. exclusive of rates for the first 1 year, increasing at that time to £13,200 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter after the following 5 years.

Uniform Business Rates: £1,700 p.a. approx. + water rates

REALISTICALLY PRICED FOR EARLY SALE

Reference : R8717

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Catering Businesses for sale include:
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Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
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Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
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 Discount Shops
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Empty Premises
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Fruit & Greens shops
 
Gallery / Antique
 
General Stores
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Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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