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Related Ads > Hertfordshire Business for Sale > Leasehold Fast Food to Lease > Fast Food in Hertfordshire for Sale 

Attractive Licensed Indian Restaurant

Undisclosed Hertfordshire
Situated in a parade, excellen main road trading position, HERTFORDSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 39711
ADVERT IMPRESSIONS : 31,529 TIME(S)

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

LEASEHOLD:

£110000
 

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BUSINESS DETAILS:

Features : FULLY AIR CONDITIONEDSPACIOUS DOUBLE FRONTED RESTAURANT with tiled floor, ceiling lighting. Tables and chairs providing seating for 60 persons. Bar. Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinLevel kitchen with non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, 3 fridges, 1 deep freeze, 1 upright deep freeze, double sink and drainer, wash hand basin etc.Location : Situated in a parade, excellen main road trading position, HERTFORDSHIREOpening Hours : Evenings only - 6 p.m. - 11.30 p.m. seven days per weekIt will be appreciated upon inspection that there is potential for additional opening hours.Turnover : WE ARE INFORMED the turnover averages £3,000 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 having approximately 17 years unexpired at a rental of £19,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.Uniform Business Rates: £5,000 p.a. approx.THIS OLD ESTABLISHED RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE APPROXIMATELY 18 YEARS AND THERE ARE GENUINE REASONS FOR SALE.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside : Small yardStaff : At present staff operated. Staff employed 1 full time manager, 2 chefs, 2 waiters plus part time staff. It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

R9898 / RightBiz
   
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