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Spacious Well Equipped Licensed Indian Restaurant

Undisclosed Warwickshire
Occupying an excellent trading position, WARWICKSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69907
ADVERT IMPRESSIONS : 11,168 TIME(S)

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

LEASEHOLD:

£149000
 

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BUSINESS DETAILS:

Features : Car park at side for 18/20 cars

Forecourt (potential for seating area, if desired) to -

SPACIOUS RESTAURANT with 3 windows plus side window, carpeted, ceiling lighting. Tables and chairs providing seating for 40 persons. BAR with 2 double door glass fronted counter fridges, glasswasher.

STAIRS TO FIRST FLOOR RESTAURANT carpeted, wall and ceiling lighting. Tables and chairs providing seating for 40 persons. BAR with glasswasher, sink, double door counter fridge.

GROUND FLOOR LEVEL COMMERCIAL KITCHEN with non-slip floor, stainless steel extractor unit, stainless steel cladding to walls, Tandoori oven, 2 6-burner gas cookers, stainless steel tables, 1 stainless steel double door fridge, 1 stainless steel single door fridge, 1 double sink and drainer, 1 single sink and drainer etc.

First floor fully tiled lad'es cloakroom with 2 w.c's, 2 wash hand basin
Gentlemen's cloakroom with w.c. urinal, wash hand basin

STAIRS FROM STREET LEVEL TO BASEMENT WINE BAR with laminated strip floor. Seating for 28 persons. BAR. We understand the Wine Bar is not trading at present, however, in our opinion there is terrific potential for this area to be used as well.

Ladies' and gentlemen's cloakrooms

Location : Occupying an excellent trading position, WARWICKSHIRE

Opening Hours : 5.30 p.m. - 11 p.m. seven evenings per week
It will be appreciated upon inspection that there is potential for lunch time opening, if desired.

Turnover : WE ARE INFORMED the turnover averages £4,000/£4,500 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, the present lease having approximately 22 years unexpired at a rental of £30,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £129,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin

Outside : Car parking at side for 18/20 cars

Staff : The business is at present operated by the vendor on a part time basis with the assistance of 2 chefs plus 1 Tandoori chef plus 1 kitchen porter. Restaurant area 3 full time plus 2 part time staff.
   
  FOR SALE
   

REFERENCE:

R2995 / RightBiz
   
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ENQUIRIES:

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