Attractive & Spacious Licensed Restaurant | | Undisclosed Herefordshire | | Terraced property occupying an excellent trading position, close to the town centre, HEREFORDSHIRE | | ADVERT NUMBER : 39465
ADVERT IMPRESSIONS : 22,028 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | FREEHOLD: | £495000 | LEASEHOLD: | Offers Invited | | | | | BUSINESS DETAILS: | Features : Attractive Olde Worlde Property with an abundance of original oak beams throughout.Grade II Listed Building. Tudor property, built we understand in 1613.At present operated as Indian cuisine, which could obviously be continued, or in view of the excellent trading position, there is potential for other types of cuisine, if desired.Ground floor. The main entrance leads into the RESTAURANT which is double aspect and has an abundance of character. The spacious restaurant has tables and chairs for 50 persons, together with an ajoining raised bar lounge area plus waiting area. In the bar there is a fully fitted bar servery with back bar, refrigerated display cabinet, espresso/cappuccino machine.Ladies' and gentlemen's cloakrooms to the rear of the restaurantThe kitchen is fully equipped for the tradeIn addition there is a basement with 2 separate storage areasLocation : Terraced property occupying an excellent trading position, close to the town centre, HEREFORDSHIREOpening Hours : Monday - Saturday inclusive - 5.30 p.m. - 11 p.m.Sunday opening - 5.30 p.m. - 10.30 p.m.Turnover : WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £38,000 p.a. plus VAT, exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.RECOMMENDED FOR EARLY INSPECTIONPrice : ALL OFFERS CONSIDERED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : Owners/Letting accommodation. The stairs in the hallway lead to the private flats. On the first floor to the right hand side is a new self contained studio flat, which has recently been fitted out to a high standard. The Flat, which has sloping ceilings and mostly original oak beams comprises:Double BedroomBathroom with shower, w.c. wash hand basinKitchen/Living Room with laminated wood floorThis luxurious accommodation is ideal either for the owner, a member of staff or as a short or long term letting unit, if desired.On the second floor there is a further SPACIOUS SELF CONTAINED 3 BEDROOM FLAT which is arranged over 2 levels. On the first floor there is a bathroom with bath, walk-in shower, wash hand basin which leads out to a small roof garden area. Up some further steps is a large double aspect living room with original beams. There is also a large kitchen/breakfast room with bay window, a cloakroom and small office. A winding staircase leads up to the 3 bedrooms. Again the rooms have sloping ceilings and comprise large double bedroom, a larger twin bedroom with original sash windows and a small single bedroom with skylight.In our opinion some of the living accommodation could be utilized for Bed & Breakfast, if desired.Staff : The Restaurant is at present operated by 2 brothers on a full time basis with in the restaurant area 3 full time staff plus 2 part time staff, plus kitchen area 3 additional full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
