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Related Ads > Hampshire Business for Sale > Fast Food to Lease > Fast Food in Hampshire for Sale 

Attractive Well Fitted Licensed Restaurant

Undisclosed Hampshire
Situated in a parade, main road trading position, HAMPSHIRE

ADVERT NUMBER : 63193
ADVERT IMPRESSIONS : 13,368 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£40,000
 

BUSINESS DETAILS:

Features : Established by the present owner as Indian cuisine approx. 5 years ago, which could obviously be continued and in view of the excellent main road trading position, in our opinion there is potential for other types of cuisine, if desired. SINGLE FRONTED RESTAURANT newly fitted approximately 5 years ago, carpeted, ceiling lighting. Air conditioned. Tables and chairs providing seating for 60 persons (can be increased to accommodate approximately 70 persons, if desired). Bar with 2 hand pumps, double door glass fronted counter fridge.Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinDisabled cloakroom with w.c. and wash hand basin LEVEL KITCHEN with non-slip floor, stainless steel canopy, Tandoori oven, 2 4-burner gas cookers, stainless steel table, stainless steel fridge, 1 additional fridge, 2 upright deep freezes, double sink and drainer etc.Location : Situated in a parade, main road trading position, HAMPSHIREOpening Hours : Monday - Saturday inclusive - 11 a.m. - 2 p.m. & 6 p.m. - 11 p.m.Sunday opening - 11 a.m. - 2 p.m. & 6 p.m. - 10 p.m.Turnover : WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering further potential to increase in the right hands.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a rental of £24,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years. (We understand the landlord is prepared to consider extending the lease to a 25 year period, if required).Uniform Business Rates: £5,000 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a SELF CONTAINED FLAT over, comprises:2 Double BedroomsBathroom with bath, w.c. and wash hand basinLoungeKitchen with fitted unitsOutside : Parking space at rear for 3 carsStaff : The business is at present operated by the vendor (who is a chef) with the assistance of his daughter plus 1 full time chef and 3 full time additional staff in the kitchen. Restaurant area - 2 full time and 2 part time waiters.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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