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Related Ads > Nottinghamshire Business for Sale > Leasehold English Restaurants to Rent > English Restaurants in Nottinghamshire for Sale 

Detached Licensed Restaurant

Undisclosed Nottinghamshire
Excellent main road trading position, NOTTINGHAMSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 53530
ADVERT IMPRESSIONS : 15,173 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: English Restaurants
SALE: Agent Sale

LEASEHOLD:

£140000
 

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BUSINESS DETAILS:

Features : Established as Indian cuisine approx. 2½ years ago, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT with bar area having woodstrip floor. Bar with 2 hand pumps, 2 glass fronted counter fridges, glasswasher, sink.

SPACIOUS RESTAURANT AREA, fully carpeted, air conditioning, wall lighting.

Ladies' cloakroom with 2 w.c's, wash hand basin
Disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with 2 w.c's, wash hand basin

Large level kitchen with non-slip tiled floor. The equipment includes stainless steel extractor, Tandoori oven, 12-burner gas cooker, deep fryer, 1 stainless steel fridge, 2 chest deep freezes, double sink and drainer etc.

Location : Excellent main road trading position, NOTTINGHAMSHIRE

Opening Hours : 5 p.m. - 11 p.m. seven days per week

Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinon offering further potential to increase in the right hands. Gross profit 65% approx.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 21 years unexpired at a rental of £35,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation comprises:

3 Bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. and wash hand basin

Outside : Tarmaced car park for approx. 40 cars

Staff : The Restaurant is at present operated by 3 partners with the assistance of 3 full time chefs plus 2 full time waiters.
   
  FOR SALE
   

REFERENCE:

R2042 / RightBiz
   
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