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Restaurant for Sale in Taunton, Somerset | Low Rent | High Street Location

Taunton, Somerset
Leasehold Price:
£49,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
247447
Reference
IND_TAUN / Rightbiz

Details

Restaurant for Sale in Taunton, Somerset

Restaurant Property Sellers presents this well established Indian Restaurant for Sale in Taunton, Somerset.

Rent: £18,000/year, Lease: 17 years remaining, Business: £5,000/week, No Business Rate

MAIN FEATURES

  • Fully Fitted Indian Restaurant
  • A3 Planning with Alcohol License
  • Total area: Circa 2012 sq ft
  • Kitchen: Circa 500 sq ft
  • Rent: 18,000/year
  • 4 Double Bedroom for Staff Accommodation

LEASE & FINANCIAL DETAILS

  • Lease: 17 years remaining
  • Rent: 18,000/year
  • Rent Review Term: 5 yrs
  • Next Rent Review: 2021
  • Business Rate:NIL
  • Current Sales: £5,500/week
  • Premium: £39,995 plus SAV (include lease, goodwill and fixtures & fittings)

THE LOCATION

Located at E Reach Taunton, this single fronted A3 premises for sale in Taunton offers a huge potential for lunch as well as dinner business.

The immediate area is a mixture of several high street eateries and other local businesses.

THE PREMISES

With total area of circa 2012 sq ft, this single fronted 64 covers restaurant comes with a cozy bar and fully fitted kitchen. The local council has rated 4 star hygiene.

TRADING HOURS & PLANNING

Current opening hours: Wed to Mon: 12-2pm & 5:30 pm till 11:30pm (Tuesday Closed)

Usage & permission: A3 with alcohol license (12pm-1am)

VIEWINGS

Strictly through Restaurant Property Sellers only. Staffs are not aware, hence no approach must be made at any circumstances. Discreet customer visit is highly advised and then afterwards, further arrangement will be made.

DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Seller Details
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Listing Details
Leasehold Price: £49,995
Tenure: Leasehold
Sector: Indian Restaurants, A3 Business, Restaurants
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
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