Most Attractive Olde Worlde Licensed Restaurant | | Undisclosed Oxfordshire | | Outstanding opportunity to acquire an attractive Licensed Indian Restaurant in this sought after Oxfordshire locality, close to the Cotswolds. The Cotswold Stone property has a wealth of oak beams and full oil fired central heating. Ground Floor ATTRACTIVE RESTAURANT with oak beams, newly carpeted. Tables and chairs providing seating for 34 persons. Bar with hand pump, optics, glass washer, sink. Stairs to First Floor additional Restaurant, fully carpeted. Tables and chairs providing seating for an additional 22 persons. Ladies' cloakroom with 2 w.c's, wash hand basin plus dryer Gentlemen's cloakroom with urinal, wash hand basin and dryer Ground Floor level kitchen with non-slip floor. Fully equipped including 9-burner gas cooker, Tandoori oven, stainless steel extractor, stainless steel cladding to walls, 2 microwave ovens, 1 stainless steel table, hot cabinet, ice cream deep freeze (owned), 2 chest deep freezes, double sink and drainer, dishwasher, walk-in coldroom etc. | | ADVERT NUMBER : 26529
ADVERT IMPRESSIONS : 28,797 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £150000 | | | | | BUSINESS DETAILS: | Location Excellent trading position, sought after OXFORDSHIREOpening Hours 12 noon - 2 p.m. & 6 p.m. - 11 p.m. seven days per weekTurnover WE ARE INFORMED the turnover currently averages £6,000/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65/70% approx.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING is at present used by staff and comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basinOutside Small yardStaff The restaurant is at present operated by the vendor with the assistance of 4 full time waiters plus 1 part time waiter plus 4 full time kitchen staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
