Spacious Newly Fitted Licensed Restaurant | | Undisclosed Hertfordshire | | Public Car Park nearby (Pay & Display) Recently opened as Indian cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired. SPACIOUS LICENSED RESTAURANT, fully carpeted plus bar area with ceramic tiled floor. Tables and chairs providing seating for 65/70 persons. Fully equipped bar, 2 glass fronted wine fridges. Level kitchen with non-slip floor, extractor unit, stainless steel cladding to walls. The equipment includes Tandoori oven, 9-burner gas cooker, stainless steel tables, 2 chest deep freezes, stainless steel fridge, double sink and drainer etc. Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin. | | ADVERT NUMBER : 26644
ADVERT IMPRESSIONS : 19,452 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £139950 | | | | | BUSINESS DETAILS: | Location Excellent trading position, HERTFORDSHIREOpening Hours 6 p.m. - 11.30 p.m. seven days per weekTurnover The Restaurant has recently been opened and we are informed the turnover currently averages £3,000/£4,000 p.w. in our opinion offering tremendous potential for further development in the right hands.Tenure We understand the premises are held on a secure renewable lease having approximately 14½ years unexpired at a rental of £28,500 p.a. exclusive of rates for the next 4½ years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £8,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £139,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The Restaurant is at present operated by the owner with the assistance of his partner plus 6 full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
