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Most Attractive Olde Worlde Licensed Restaurant

Undisclosed Berkshire
Situated in a terrace, attractive cobbled street, BERKSHIRE

ADVERT NUMBER : 39389
ADVERT IMPRESSIONS : 25,900 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£40000
 

BUSINESS DETAILS:

Features : Attractive Olde Worlde Property we understand built in approx. 1525 with a wealth of oak beams. We understand trading as a Licensed Restaurant until June, 2009, and in our opinion offering tremendous potential for development as a Restaurant/Tearooms in this most sought after trading position. The area is thronged with tourists during the summer months with the close proximity of Windsor Castle.Cobbled street area providing space for tables and chairs for approx. 16 persons.GROUND FLOOR attractive front restaurant approx. 180 sq. ft. with rear additional restaurant room approx. 208 sq. ft. providing seating area for approx. 30/32 persons.Rear kitchen approx. 87 sq. ft. with quarry tiled floor. Stainless steel extractor, 6-burner gas cooker, double sink and drainer.Stairs to First FloorFront room approx. 200 sq. ft. providing space for tables and chairs for approx. 20 persons.Backroom approx. 186 sq. ft. providing seating for approx. 8 personsFully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinIn addition there is a cellar, ideal for storage purposesLocation : Situated in a terrace, attractive cobbled street, BERKSHIRETurnover : As stated the Restaurant has been closed since July, 2009, however, in our opinion in view of the excellent main road trading position, there is tremendous potential to re-establish a restaurant/tearooms.Tenure : The landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of £22,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (Please note the landlord is happy to grant a shorter lease, if desired, subject obviously to negotiation).Uniform Business Rates: £10,000 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE NEW LEASE £40,000LOAN POSSIBLE TO AN APPROVED APPLICANTAccommodation : Situated on the 2nd floor, residential area, comprising:Front Room 16ft. x 11ft 3Rear Room 11ft x 6ft 8Shower room with shower, w.c. and wash hand basinOutside : Small yard at rear with rear access, ideal for supplies
   
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