Spacious Well Established Licensed Restaurant | | Undisclosed Berkshire | | Situated in a parade, prime trading position, BERKSHIRE | | ADVERT NUMBER : 63292
ADVERT IMPRESSIONS : 8,735 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | FREEHOLD: | £695000 | LEASEHOLD: | £145000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a spacious Restaurant, we understand refurbished in October, 2009. Established as Indian cuisine approximately 33 years ago.
Fully carpeted RESTAURANT, inset spotlighting plus wall lighting. Air conditioning. Tables, chairs plus attractive bench seating providing seating for 64 persons. Reception area with till plus seating for 7 persons. Attractive bar with 2 hand pumps, 2 glass fronted double door counter fridges, mirror-backed shelving.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Large commercial kitchen with quarry tiled floor, tiled walls. The equipment includes stainless steel extractor unit, 1 8-burner Chester cooker, 1 6-burner Chester cooker, charcoal tandoori, ice machine, 4 stainless steel tables, Fosters upright double door stainless steel fridge, double sink and drainer etc.
Staff cloakroom with w.c. and wash hand basin
3 stockrooms plus 1 additional stockroom for charcoal
Location : Situated in a parade, prime trading position, BERKSHIRE
Opening Hours : 12 noon - 2.30 p.m. & 6 p.m. - 12 midnight seven days per week
Turnover : WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60/65% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £37,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £12,000 p.a.approx.
THIS OLD ESTABLISHED LICENSED RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 33 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £695,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
5 Bedrooms (3 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Outside : Car parking space for 4 cars
Staff : The Restaurant is at present operated by the vendor with the assistance of 2 full time chefs, 1 full time cook plus 1 kitchen porter plus restaurant area 3 waiters. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
