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Attractive well fitted LICENSED RESTAURANT

Price:
Leasehold - £36,000
Turnover:
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Seller Ref:
R2897
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Chinese restaurants for sale in Middlesex
Other takeaways for sale in Middlesex
Fast food restaurants for sale in Middlesex
Restaurants for sale in Middlesex
Thai restaurants for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Established by the present owners approximately 3 years ago as Thai cuisine, which could obviously be continued and in our opinion, in view of the main road trading position, there is potential for other types of cuisine, if desired.

Modern double fronted shop front to ATTRACTIVE RESTAURANT with quality tiled floor, ceiling with inset lighting. Air conditioning. Tables and chairs providing seating for 35 persons. BAR with mirror-backed shelving, optics.

Fully tiled ladies' and gentlemen's cloakrooms (shared wash hand basin)

SPACIOUS LEVEL COMMERCIAL KITCHEN with quarry tiled floor, tiled walls. Fully equipped including large stainless steel extractor unit, stainless steel cladding to walls, 5-burner Chinese cooker (new 3 years ago), 1 small fridge, stainless steel fridge, 2 stainless steel tables, double sink and drainer.

It will be appreciated upon inspection that the Restaurant area could be extended into part of the spacious kitchen to provide additional seating, if desired.

REAR PREPARATION AREA with single sink and drainer, shelving

Rear stockroom with chest deep freeze, walk-in coldroom (not used at present)

WE ARE INFORMED the turnover averages £1,500/£2,000 p.w. including takeaway and delivery, in our opinion offering tremendous potential for further development in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £18,950 + VAT p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,703 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £36,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

PLEASE NOTE WE UNDERSTAND THAT THE LANDLORD WILL REQUIRED REFERENCES FOR CONSIDERATION IN RESPECT OF THE LICENCE TO ASSIGN AND WILL ALSO REQUIRE A THREE MONTHS RENT DEPOSIT.
Location Details:
Situated in a parade, main road trading position, residential area, MIDDLESEX
Trading Hours:
Lunch time - Wednesday, Thursday & Friday only - 12 noon - 3 p.m.
Evenings - 6 p.m. - 10.30 p.m.
Accommodation:
The accommodation situated on the first floor with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Tiled with bathroom with corner bath, w.c. and wash hand basin
Large Lounge

Service road at rear
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