Attractive Olde Worlde Licensed Restaurant | | Undisclosed Devon | | Sought after trading position, tourists area, SOUTH DEVON | | ADVERT NUMBER : 39649
ADVERT IMPRESSIONS : 60,833 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £100000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire an attractive Licensed Restaurant, Indian cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.16th Century Property, Elizabethan House. Grade II listed buildingRESTAURANT fully carpeted, wall lighting. Tables and chairs providing seating for 45 persons. Bar. Stairs to first floor providing additional Restaurant area, fully carpeted. Tables and chairs for 25/30 persons.Ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin First floor kitchen with dumb waiter to ground floor. The kitchen is fully equipped including 1 9-burner cooker, 2 microwave ovens, 2 deep freezes, ice cream deep freeze, stainless steel table, plate warmer, coldroom etc.Stockroom2 additional rooms (not utilized at present - potential as staff rest room or offices)Staff cloakroomLocation : Sought after trading position, tourists area, SOUTH DEVONOpening Hours : Monday - Thursday inclusive - 6 p.m. - 11.30 p.m.Friday, Saturday & Sunday - 6 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 £4,000 p.w. in our opinion offering further potential to increase in the right hands.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years, unexpired at a rental of £13,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.Uniform Business Rates: £2,706 p.a.RECOMMENDED FOR EARLY INSPECTIONPrice : OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in excess of £100,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present staff run. 1 manager, 1 full time waiter, 3 part time waitresses, 3 full time chefs. Wages paid £1,340 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
