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Reference R7745

Indian Restaurant with Bar in Stoke-on-Trent For Sale

Indian Restaurant with Bar in Stoke-on-Trent For Sale
Buy a Indian Restaurant with Bar in Stoke-on-Trent For Sale Sell a Indian Restaurant with Bar in Stoke-on-Trent For Sale Indian Restaurant with Bar in Stoke-on-Trent For Sale for Sale Indian Restaurant with Bar in Stoke-on-Trent For Sale for Sale Indian Restaurant with Bar in Stoke-on-Trent For Sale for Sale Indian Restaurant with Bar in Stoke-on-Trent For Sale for Sale Indian Restaurant with Bar in Stoke-on-Trent For Sale for Sale Indian Restaurant with Bar in Stoke-on-Trent For Sale for Sale

Register to see map and to make an appointment Sought after position, STAFFORDSHIRE STOKE-ON-TRENT

Turnover 4,000
Price 57,500 / 395,000

Features

Spacious Detached Licensed Restaurant

Tarmaced car park for approximately 20 cars

SPACIOUS RESTAURANT with full gas fired central heating, wall & ceiling lighting. The restaurant is partly tiled, part woodstrip floor & partly carpeted. Tables & chairs providing seating for 80 persons. 2 double glass fronted counter fridges, ice machine, wash hand basin.

Fully tiled ladies' cloakroom with 2 w.c's, wash hand basin
Fully tiled gentlemen's cloakroom with w.c. urinal, wash hand basin
Fully tiled disabled cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with non-slip floor, stainless steel extractor, stainless steel cladding to walls, Tandoori oven, 12-burner gas cooker with 2 ovens, double deep fryer, 2 commercial microwave ovens, walk-in coldroom, 2 2-door stainless steel counter fridges, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover averages 4,000/5,000 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated by the vendor with the assistance of 7 full time & 5 part time staff.

Trading Hours

Sunday - Thursday inclusive - 5 p.m. - 11 p.m.
Friday & Saturday - 5 p.m. - 12 midnight

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 5-15 years full repairing and insuring lease at a rental of 25,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 5,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 57,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 395,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 28,750 (lease) 276,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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