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Spacious Detached Freehouse & Restaurant

Undisclosed Suffolk
Main road trading position, SUFFOLK
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60837
ADVERT IMPRESSIONS : 24,412 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

LEASEHOLD:

£35000
 

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BUSINESS DETAILS:

Features : At present Indian cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

Tarmaced car park for 10/12 cars

GROUND FLOOR LARGE PUBLIC BAR with woodstrip floor, ceiling and wall lighting. Tables and chairs plus stools providing seating for 20 persons plus ample standing. Pool table (on loan). Bar with 3 'T' bars, 5 hand pumps, glasswasher, sink.

LOUNGE BAR with tables and chairs plus stools providing seating for 18 persons. Additional bar area with hand pumps.

RESTAURANT ADJOINING with laminated strip floor. Tables and chairs providing seating for 44 persons.

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

LEVEL KITCHEN with non-slip floor. Tandoori oven, 6-burner gas cooker, hotplate microwave oven, large chest deep freeze, 1 additional chest deep freeze, 1 stainless steel fridge, 1 additional fridge, 1 small fridge, double sink and drainer, wash hand basin

Beer Cellar

Location : Main road trading position, SUFFOLK

Opening Hours : Sunday - 12 noon - 2.30 p.m. & 5 p.m. - 11 p.m.
Monday - Thursday inclusive - 12 noon - 2.30 p.m. & 5 p.m. - 11.30 p.m.
Friday & Saturday - 12 noon - 2.30 p.m. & 5 p.m. - 12 midnight

Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opiniion offering tremendous potential for further increase in the right hands. We are further advised that the split of turnover is approximately 50% wet sales with the balance of 50% in respect of food.

Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 7 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter after the following 3 years.

Uniform Business Rates: £6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, does require some redecoration and comprises:

8 Rooms
Bathroom with bath, wash hand basin
Separate w.c.
In addition there is a shower room with shower, w.c. and wash hand basin

Outside : Car park for 10/12 cars plus beer garden area with 3 tables and 12 chairs (can be increased)

Staff : The business is at present operated by the vendor on a part time basis with the assistance of 6 full time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

H7800 / RightBiz
   
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ENQUIRIES:

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