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Reference R8664

Indian Restaurant in Warwickshire For Sale

Indian Restaurant in Warwickshire For Sale
Indian Restaurant in Warwickshire For Sale Buy a Indian Restaurant in Warwickshire For Sale Sell a Indian Restaurant in Warwickshire For Sale Indian Restaurant in Warwickshire For Sale for Sale Indian Restaurant in Warwickshire For Sale for Sale Indian Restaurant in Warwickshire For Sale for Sale Indian Restaurant in Warwickshire For Sale for Sale

Register to see map and to make an appointment Close to castle, city centre area, WARWICKSHIRE

Turnover £ 5,000
Price £74,500

Features

Most Attractive Licensed Restaurant

LISTED BUILDING

At present Indian Fine Dining, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

GROUND FLOOR superbly fitted RESTAURANT with laminated strip floor, wall & ceiling lighting. Air conditioning unit. Tables & chairs providing seating for 37 persons. BAR with 1 hand pump (not used at present) plus 4 beer lines, 2 double door glass fronted counter fridges.

Stairs to first floor ADDITIONAL RESTAURANT AREA with laminated strip floor, wall & ceiling lighting. Tables & chairs providing seating for 36 persons.

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

Storage cupboard

GROUND FLOOR KITCHEN with quarry tiled floor, 12-burner gas cooker with double oven, 1 Tandoori oven, hotplate, 2 fridges, 2 deep freezers, 2 large sinks etc.

Turnover

WE ARE INFORMED the turnover is in the region of £5,000 p.w. including some takeaway. No deliveries are undertaken.

Staff

At present operated by the vendor with the assistance of 5 full time staff plus additional 3 part time staff at weekends.

Trading Hours

6 evenings per week - 5.30 p.m. - 10.30 p.m.
CLOSED MONDAY EVENING

Tenure

We understand the premises are held on a secure renewable lease from a landlady having 10 years unexpired from May, 2016 at a rental of £24,000 p.a. exclusive of rates up to May, 2021 with rent to be agreed thereafter.

Uniform Business Rates: £7,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £74,500
plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,250 (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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