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EXCELLENT LICENSED BUFFET RESTAURANT FUNCTION VENUE AFFLUENT THAMES VALLEY BERKSHIRE AREA

Reading, Berkshire
Leasehold Price:
£95,000
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Status
FOR SALE
Advert ID
237854
Reference
DT.5128 / Rightbiz

Details

Excellent Licensed Buffet Restaurant / Function Venue / Catering / Take-Away / 180 Covers - Indian / Oriental / Global Cuisine - Affluent Thames Valley Berkshire Area.

Fully Licenced Restaurant / Function Venue / Catering / Take-Away & Delivery business prominently located in a prosperous suburb in the Thameside Town of Reading Berkshire.   ‘Global Cuisine’ buffet concept with a reputation for high quality Food and hygiene standards.

The sizable premises (circa. 5,000sq.ft. - 477m²) are offered with a new 10 year lease (terms to be agreed) at a rent of £50,000 per annum exclusive of rates and subject to review.

Licensed Restaurant (smart and well equipped with seating for 180 covers, two bar areas, buffet style service with food and desserts beautifully presented).  Open Plan Kitchen.  Function Room area with a separate bar.  Comprehensively Equipped Kitchen and Preparation Room.  Newly Refurbished Ladies, Men’s & Disabled Cloakrooms.

Rear Access with refuse area and two parking spaces.

We are advised that current Takings average around £12,000 weekly with potential for the hours to be increased.  The menu is reasonably priced and appeals to a diverse clientele.

Currently staff run with five full time kitchen and five front of house staff members and three part-timers

We feel this is a wonderful opportunity for an experienced, hands-on operator to take control of this highly sought after location.  An internal viewing is highly recommended to fully appreciate the location and superb standard of the restaurant furnishings and equipment.

Price required for lease, goodwill, tenant’s fittings, fixtures, utensils, furnishings & equipment:- £95,000 Stock extra at Valuation

Seller Details
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Listing Details
Leasehold Price: £95,000
Tenure: Leasehold
Sector: Restaurants, Indian Restaurants
Financials
Annual Turnover: Available upon request
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