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Reference R8993

Indian Restaurant in Gloucester For Sale

Register to see map and to make an appointment Excellent trading position GLOUCESTERSHIRE GLOUCESTER

Turnover 1,600
Price 38,000

Features

Attractive Licensed Restaurant

Listed Building

ATTRACTIVE GROUND FLOOR RESTAURANT carpeted, ceiling lighting. Air conditioning unit. Tables & chairs providing seating for 40 persons. BAR with glass fronted single door counter fridge, sink.

First floor fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

REAR KITCHEN with tiled floor, partly tiled walls plus stainless steel cladding to walls (cooking area), stainless steel extractor, 8-burner gas cooker with ovens, 1 microwave oven, 2 fridges, 2 deep freezers, work surfaces etc.

Basement - potential additional restaurant area, if desired

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 1,600 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.

Staff

The restaurant is at present operated by the vendor with the assistance of 3 full time & 1 part time staff.

Trading Hours

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

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Double Bedrooms (1 of which could readily be utilized as a living room, if desired)
Bathroom with bath, w.c. & wash hand basin plus additional separate w.c.
Kitchen

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of 20,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years. The vendor is also prepared to discuss granting a shorter lease, if desired.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 38,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 19,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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