Well Fitted Licensed Restaurant | | Undisclosed Hampshire | | Situated in a parade, main road trading position, commercial and residential area, HAMPSHIRE | | ADVERT NUMBER : 39515
ADVERT IMPRESSIONS : 32,531 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £37500 | | | | | BUSINESS DETAILS: | Features : At present Indian cuisine, which could obviously be contined and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.ATTRACTIVE SINGLE FRONTED RESTAURANT carpeted. Tables and chairs providing seating for 34 persons. Bar with glass shelving, optics, upright glass fronted double door drinks display fridge.Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinLevel kitchen with tiled floor. The equipment includes 10-burner gas cooker, stainless steel extractor, Tandoori oven, 2 deep freezes, fridge, hot cupboard, sink and drainer, additional double sink and drainer etc.Staff cloakroom with w.c. and wash hand basinLocation : Situated in a parade, main road trading position, commercial and residential area, HAMPSHIREOpening Hours : 5 p.m. - 12 midnight seven evenings per week.It will be appreciated upon inspection that there is potential for lunch time opening, if desired.Turnover : WE ARE INFORMED the turnover averages £1,500/£1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £13,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.Uniform Business Rates: £1,000 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a SELF CONTAINED FLAT over, is at present partly let on a shorthold agreement and provides a rental income of £650 per month, however, we understand that vacant possession can be given on completion if required. The accommodation comprises:2 Double BedroomsBathroom with bath, w.c. and wash hand basinLounge (or 3rd bedroom)Kitchen with fitted unitsOutside : Yard at rearStaff : The Restaurant is at present operated by the vendor with the assistance of 1 full time and 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
