Well Fitted Licensed Restaurant | | Undisclosed Somerset | | Main road trading position, SOMERSET | | ADVERT NUMBER : 60808
ADVERT IMPRESSIONS : 13,469 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £60000 | | | | | BUSINESS DETAILS: | Features : Established as Indian cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine if desired.
DOUBLE FRONTED RESTAURANT, ceiling lighting, air conditioning/heating. Restaurant area, carpet area with partly raised area having wood strip floor. Tables and chairs providing seating for 64 persons (can be increased to 70 persons). Bar.
LEVEL KITCHEN with non-slip floor, Tandoori oven, 8-burner gas cooker, stainless steel work surfaces, double sink and drainer, 2 fridges, deep freeze etc.
Fully tiled disabled cloakroom with w.c. and wash hand basin
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Location : Main road trading position, SOMERSET
Opening Hours : 12 noon - 2 p.m. & 5.30 p.m. - 11.30 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60/65% approx. (included in the turnover is hot food takeaway, however, no deliveries are undertaken, and in our opinion there is potential for deliveries if desired).
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £22,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £900 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation situated on the first floor and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Staff : The Restaurant is at present operated by the vendor with the assistance of 4 full time in the restaurant area plus 4 full time in the kitchen. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
