Well Fitted Licensed Restaurant. Free Parking In Front Of Restaurant After 6 P.m. Pay & Display During Daytime. | | Undisclosed Buckinghamshire | | Situated in a parade, busy road, sought after residential area, BUCKINGHAMSHIRE. | | ADVERT NUMBER : 53077
ADVERT IMPRESSIONS : 15,829 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | English Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £69500 | | | | | BUSINESS DETAILS: | Features : Indian cusine for the past 15 years, which could obviously be continued. In our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
Spacious DOUBLE FRONTED RESTAURANT, with wood strip floor, with ceiling spotlighting, air conditioning unit (needs servicing). Tables and chairs providing seating for 50 persons. Bar with sink, with upright single door drinks display fridge, etc.
Fully tiled Ladies' & Gentlemen's Cloakrooms, each with w.c. and wash hand basin.
Large level Kitchen with non-slip floor, stainess steel extractor unit, 7-burner gas cooker, tandoori oven, microwave oven, hot cubboard, upright double door stainless steel fridge, upright single door stainless steel deep freeze, stainless steel table, 2 double sinks, each with drainer, etc.
Location : Situated in a parade, busy road, sought after residential area, BUCKINGHAMSHIRE.
Opening Hours : 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m. seven days per week.
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 : WE UNDERSTAND the premises are held on a new 15 years' lease from September 2009, at a rental of £36,000 p.a. excl. of rates for the next 4 years, with rent review at that time and then after the following 5 years.
Uniform business rates £6,000 p.a. approx.
Price : RECOMMENDED FOR EARLY INSPECTION.
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £69,500 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Accommodation : In the form of a self contained MAISONETTE OVER, comprises:
3 bedrooms (1 double, 2 singles).
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Separate kitchen.
We understand the flat, if not required for personal use, could be sublet to provide a rental income, we are advised, in the region of £850/£900 per month.
Staff : The Restaurant is at present operated by the vendor with the assistance of 6 full time and 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
