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Attractive Olde Worlde Licensed Restaurant

Undisclosed Berkshire
Situated in a parade, sought after cobbled street, BERKSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68225
ADVERT IMPRESSIONS : 8,349 TIME(S)

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

LEASEHOLD:

£89500
 

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BUSINESS DETAILS:

Features : This attractive restaurant is at present Napalese cuisine, which would obviously be continued and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

The business is situated in a sought after cobbled street.

Front area with tables and chairs for 16 persons (can be increased to accommodate 30 persons, if desired). We understand there is a Licence Fee payable for the front area to be used for tables and chairs.

Entrance to GROUND FLOOR, quality laminated floor, ceiling and wall lighting. Tables and chairs providing seating for 28 persons. BAR with 2 group coffee machine, sink, single door glass fronted wine fridge.

STAIRS TO FIRST FLOOR additional seating area with quality laminated strip floor. Tables and chairs providing seating for 38/40 persons. DISPENSE BAR.

Ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin

BASEMENT KITCHEN with non-slip floor. The equipment inclues Tandoori oven, 8-burner gas cooker, 2 stainless steel tables, 2 commercial microwave ovens, 2 stainless steel fridges, 1 fridge/freeze, 2 chest deep freezes, 1 upright fridge, double sink, wash hand basin.

Dumb waiter from the kitchen to the ground and first floors

Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, sought after cobbled street, BERKSHIRE

Opening Hours : 12 noon - 3 p.m. & 5.30 p.m. - 10.30 p.m. seven days per week

Turnover : WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Tenure : We understand the premises are held on a secure renewable lease from a private landlady, the present lease having approximately 3 years unexpired at a rental of £23,000 p.a. exclusive of rates, fixed for the remainder of the term. We further understand that the landlady will consider a new longer lease at terms and rent to be agreed.

Uniform Business Rates: £10,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : On the third floor there are 3 rooms plus shower room with shower, w.c. and wash hand basin.

We understand the accommodation has previously been used for storage and is at present used by staff for resting.

Staff : The restaurant is at present operated by the owner on a full time basis plus in the kitchen area 1 full time chef, 1 full time Tandoori chef plus 1 full time kitchen porter whilst in the restaurant area there is 1 full time waiter plus 1 part time waitress.
   
  FOR SALE
   

REFERENCE:

R2865 / RightBiz
   
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