DETACHED WELL ESTABLISHED LICENSED RESTAURANT
Price:
Leasehold - £100,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : At present catering for Chinese, Thai & Indian food.
SPACIOUS SINGLE FRONTED RESTAURANT with woodstrip floor, air conditioning, ceiling lighting. Tables and chairs providing seating for 75 persons. Bar with sink, upright glass fronted fridge.
LARGE LEVEL KITCHEN with tiled floor, tiled walls. The equipment includes 8-burner gas cooker, 8-burner Chinese cooker, clayoven, upright double door stainless steel Fosters fridge, walk-in coldroom, microwave oven, 2 upright deep freezes, 1 chest deep freeze, hotplate, double sink and drainer, wash hand basin etc.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. (Included in the turnover is a certain amount of takeaway and delivery).
We understand the premises are held on a secure renewable lease having 20 years unexpired from December, 2011 at a rental of £28,000 p.a. exclusive of rates up to December, 2015, with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental income of £16,800 p.a. in respect of the accommodation, the net rental payable at the present time is only £11,200 p.a. exclusive of rates).
Uniform Business Rates: £6,600 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Main road trading position, residential and commercial area, MIDDLESEX
Evenings only - 5.30 p.m. - 11 p.m. seven days per week
The SPACIOUS SELF CONTAINED accommodation comprises:
6 Bedrooms (1 large plus 5 additional doubles)
Bathroom with bath, w.c. and wash hand basin
Separate w.c.
We understand the accommodation is at present let as individual rooms and provides a rental income at the present time of £1,400 per month.
Small yard.
North Yorkshire
£ 750,000
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