Spacious Old Established Licensed Restaurant | | Undisclosed Herefordshire | | Excellent main road trading position, HEREFORDSHIRE | | ADVERT NUMBER : 47461
ADVERT IMPRESSIONS : 14,194 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | BUSINESS DETAILS: | Features : The Restaurant has been in the same family for the past 22 years and was established approximately 22 years ago as Indian cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.
ATTRACTIVE RESTAURANT. Ground floor commercial kitchen with non-slip floor, fully equipped including Tandoori oven, 6-burner Chester cooker, stainless steel extractor unit, 2 fridges, 1 deep freeze, double sink and drainer, dumb waiter to first floor.
From the ground floor there are stairs to -
ATTRACTIVE FIRST FLOOR RESTAURANT with wood strip floor, wall and ceiling lighting. Tables and chairs providing seating for 40 persons. Bar with hand pump. There is a dumb waiter from the ground floor to first floor restaurant.
Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin
Location : Excellent main road trading position, HEREFORDSHIRE
Opening Hours : Sunday - Thursday inclusive - 6 p.m. - 11 p.m.
Friday & Saturday - 6 p.m. - 12 midnight
In our opinion there is potential for lunch time opening, if desired
Turnover : WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
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 £15,600 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £2,000 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Small yard
Staff : At present operated by the vendor with the assistance of 4 full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
