Spacious Well Established Licensed Restaurant | | Undisclosed Essex | | Situated in a parade, excellent main road trading position, ESSEX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69945
ADVERT IMPRESSIONS : 14,294 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £105000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Well established as Indian cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position there is potential for other types of cuisines, if desired.
SPACIOUS RESTAURANT carpeted, ceiling lighting, air conditioning. Tables and chairs providing seating for 57 persons. BAR 1 upright single door glass fronted drinks display fridge.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
LEVEL KITCHEN with quarry tiled floor, tiled walls. The equipment includes Tandoori oven, 8-burner gas cooker with oven, 2 fridges, chest deep freeze, double sink and drainer etc.
Location : Situated in a parade, excellent main road trading position, ESSEX
Opening Hours : 12 noon - 2 p.m. & 6 p.m. - 12 midnight seven days per week
Turnover : WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 17 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: £9,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation, which does require some redecoration is SELF CONTAINED and situated over the restaurant.
First Floor
Stockroom (used for the restaurant)
1 Double Bedroom plus 1 single bedroom
Second Floor
1 further Double Bedroom plus 2 single bedrooms
Bathroom with bath, w.c. and wash hand basin
Outside : Large shared yard at rear with parking
Staff : The business is at present operated by 1 partner on a full time basis with the assistance of the other partner at weekends plus 7 part time staff employed. | | | | | | FOR SALE | | | | | REFERENCE: | R3021 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
