| | | SPACIOUS LICENSED RESTAURANT | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 7,043 TIME(S)
BUSINESS REFERENCE : R9955 / RightBiz | | | | | | Situated in a parade, main road trading position, BERKSHIRE | | | BUSINESS LOCATION: | Undisclosed Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | | | | | | | BUSINESS DETAILS: | Features : The Restaurant has been in the same hands since 1989 and there are genuine reasons for sale.SPACIOUS SINGLE FRONTED RESTAURANT, carpeted, suspended ceiling with lighting. Tables and chairs providing seating for 70 persons. Bar with hand pump, glass washer, sink.Large level kitchen with non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, stainless steel tables, 2 fridges, 2 deep freezes, double sink and drainer.Ladies' & Gentlemen's cloakroomsLocation : Situated in a parade, main road trading position, BERKSHIREOpening Hours : 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m. seven days per weekTurnover : WE ARE INFORMED the turnover averages £4,000/£4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially as the business is situated in an expanding area with approx. 600 houses being built nearby.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £32,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.Uniform Business Rates: £4,500 p.a. approx.THE RESTAURANT HAS BEEN IN THE SAME HANDS SINCE 1989 AND THERE ARE GENUINE REASONS FOR SALE.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 or near offer plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation all in GOOD CONDITION, comprises:3 Bedrooms (2 doubles, 1 single)Bathroom with bath, w.c. and wash hand basinLoungeKitchenOutside : 2 Garages plus parking space for 2 carsStaff : The Restaurant is at present operated by the vendor with the assistance of 6 full time and 2 part time staff. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | R9955 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
