Licensed Indian Restaurant | | Undisclosed West Midlands | | Situated in a parade, town centre, WEST MIDLANDS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68305
ADVERT IMPRESSIONS : 14,077 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £35000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : The Restaurant has been in the same hands for the past 22 years and in our opinion has terrific potential for further increase in the right hands. The cuisine for the last 22 years has been Indian cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.
GROUND FLOOR SINGLE FRONTED ENTRANCE with single front, carpeted. Bar with seating area for approx. 20 persons.
STAIRS TO FIRST FLOOR RESTAURANT carpeted, wall and ceiling lighting. Tables and chairs providing seating for 46 persons.
First floor level kitchen with non-slip floor. The equipment includes Tandoori oven, 6-burner gas cooker, 1 fridge, 2 chest deep freezes, double sink and drainer etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Location : Situated in a parade, town centre, WEST MIDLANDS
Opening Hours : Evenings only - 5.30 p.m. - 11.30 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover currently averages £2,500 p.w. including some takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.
Tenure : We understasnd the premises are held on a new 15 years lease at a rental of £9,300 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,600 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The Restaurant is at present operated by the vendor with the assistance of 2 full time in the Restaurant area plus 3 full time in the kitchen area. | | | | | | FOR SALE | | | | | REFERENCE: | R2936 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
