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ATTRACTIVE INDIAN RESTAURANT.

BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 7,860 TIME(S)
BUSINESS REFERENCE : R1281 / RightBiz

 

 
Situated in a parade, excellent trading position, WARWICKSHIRE

BUSINESS LOCATION:

Undisclosed Warwickshire UNITED KINGDOM

BUSINESS SECTOR:

Catering

TRADE TYPE:

Restaurants

SALE:

Agent Sale

LEASEHOLD:

£40000
   
 
   

BUSINESS DETAILS:

Features : DOUBLE FRONTED RESTAURANT modernised approx. 2 years ago. Carpeted, ceiling and wall lighting. Tables and chairs providing seating for 32 persons. Bar.Level kitchen with non-slip floor. The equipment includes Tandoori oven, 1 6-burner gas cooker, 1 4-burner gas cooker, 1 stainless steel table, hot cupboard, microwave oven, double sink and drainer, wash hand basin etc.Ladies' cloakroom with w.c. and wash hand basinGentlemen's cloakroom with w.c. and wash hand basinLocation : Situated in a parade, excellent trading position, WARWICKSHIREOpening Hours : Sunday - Thursday inclusive - 5 p.m. - 11 p.m.Friday & Saturday - 5 p.m. - 12 midnightIt will be appreciated upon inspection that there is potential for lunch time opening, if desired.Turnover : WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.Tenure : We understand the Restaurant premises are held on a secure renewable lease having 9 years unexpired from January, 2010 at a rental of £10,500 p.a. exclusive of rates for the next 3 years, with rent review at that itme and thereafter every 3 years.Uniform Business Rates: £1,000 p.a. approx. (after small business relief)RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The SELF CONTAINED accommodation situated over the Restaurant, we understand is available as an optional extra on a shorthold tenancy at a rental of approximately £500 per month. The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:3 Bedrooms BathroomLoungeKitchenStaff : The restaurant is at present operated by the vendor with the assistance of 3 full time and 1 part time staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

R1281 / RightBiz

ENQUIRIES:

 
 
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