Attractive Old Established Licensed Indian Restaurant | | Undisclosed Oxfordshire | | Situated in a parade, excellent trading position, OXFORDSHIRE | | ADVERT NUMBER : 39742
ADVERT IMPRESSIONS : 28,213 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £97500 | | | | | BUSINESS DETAILS: | Features : Trading as Indian cuisine we understand since 1980, which could obviously be continued and in view of the excellent trading position, in our opinion there is potential for other types of cuisine, if desired. Currently given 3 Star rating by the local authority.DOUBLE FRONTED RESTAURANT with woodstrip floor, wall and ceiling lighting. Tables and chairs providing seating for 50 persons (potential for increasing the seating capacity to 60 persons). Bar with 1 hand pump, optics, sink.The dining area has a large but compact and concealed waterfall and air conditioning units.Level kitchen with non-slip floor. The kitchen is fully modernized with new steel cladding and canopy. The equipment includes 6-burner gas cooker, Tandoori oven, hotplate, stainless steel fridge, deep freeze etc.Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin and automatic hand dryers.Location : Situated in a parade, excellent trading position, OXFORDSHIREOpening Hours : 12 noon - 2 p.m. & 6 p.m. - 12 midnight seven days per weekTurnover : WE ARE INFORMED the turnover averages £2,500/£3,500 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 11 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.Uniform Business Rates: £5,000 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present operated by 1 of the partners with the assistance of 2 full time chefs 1 full time kitchen porter. Restaurant area 1 full time plus 1 part time. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
