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Reference R5558

Pub & Indian Restaurant in Brackley For Sale

Pub & Indian Restaurant in Brackley For Sale
Buy a Pub & Indian Restaurant in Brackley For Sale Sell a Pub & Indian Restaurant in Brackley For Sale

Register to see map and to make an appointment Sought after position approximately 12 miles from Milton Keynes, NORTHAMPTONSHIRE BRACKLEY

Turnover 5,500
Price 40,000

Features

Attractive Detached 16th Century Freehouse Plus Licensed Indian Restaurant

We understand the property is a Grade II listed building

We are further advised that this is the only Pub in the village at the present time

Front car parking for 15 cars plus rear car park for approximately 30 cars

GROUND FLOOR lounge area with newly fitted bar. Tables & chairs providing seating for 20/25 persons.

ATTRACTIVE RESTAURANT with bar, wealth of oak beams, open fireplace, carpeted. Tables & chairs providing seating for 70 persons.

FUNCTION ROOM with attractive stone tiled floor. French doors to BEER GARDEN. Tables & chairs providing seating for an additional 40 persons.

Tiled ladies' cloakroom with 2 w.c's, 2 wash hand basins, mirrors
Gentlemen's cloakroom with 3 urinals, 2 w.c's, 2 wash hand basin s

LARGE COMMERCIAL KITCHEN with tiled floor, partly tiled walls plus stainless steel cladding to walls, stainless steel extractor system, Tandoori oven, 10-burner gas cooker with 2 ovens, stainless steel tables, 4 fridges, walk-in coldroom, deep freezer, 2 sinks, wash hand basin.

2 storeroom - 1 with 2 deep freezers

LARGE BASEMENT ideal for storage purposes

Turnover

WE ARE INFORMED the turnover averages 5,500 p.w. including takeaway & deliver in our opinion offering tremendous potential for further development in the right hands.

Staff

The business is at present operated by 2 partners on a part time basis with staff in the kitchen area 1 chef, 1 Tandoori chef, 1 cook, 1 kitchen porter. Restaurant area 3 full time & 4 part time staff.
It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - evenings only 5.30 p.m. - 11.30 p.m.
Saturday & Sunday - 12 noon - 2.30 p.m. & 5.30 p.m. - 11.30 p.m.

Accommodation

The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, recently refurbished at we understand considerable expense, comprises:

5 Double Bedrooms
Bathroom with bath, shower over bath, wash hand basin
2 separate w.c's
Lounge
Kitchen

Outside

Beer garden.
Car park to front for 15 cars plus car park at rear for approximately 30 cars.

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 16 years unexpired at a rental of 30,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 7,000 p.a. approx. - under review

RECOMMENDED FOR EARLY INSPECTION

Price

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

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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