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Attractive and spacious LICENSED RESTAURANT.

Price:
Leasehold - £90,000
Turnover:
Register to view
Seller Ref:
R1017
Location:

Lincolnshire

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Lincolnshire
Indian restaurants for sale in Lincolnshire
Restaurants for sale in Lincolnshire
Indian takeaways for sale in Lincolnshire
Food service businesses for sale in Lincolnshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Free car park front and rear of parade.

Spacious LICENSED RESTAURANT, at present 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 cuisine, if desired.

Spacious restaurant with woodstrip floor plus carpeted area. Bar with 3 hand pumps, glasswasher, 2 double door glass-fronted counter fridges, etc.

Fully tiled ladies' cloakroom with w.c. and wash hand basin.
Fully tiled disabled cloakroom with w.c. and wash hand basin.
Full tiled gentlemen's cloakroom with w.c. and wash hand basin.

Large level kitchen with non-slip floor. Equipment includes tandoori oven, 8-burner gas cooker with ovens, 1 upright stainless steel fridge, 3 deep freezes, 3 sinks and drainers, etc.

WE ARE INFORMED the turnover averages £4,000/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approx. 10 years unexpired, at a current rental of £18,000 exclusive of rates, with rent revisions.


RECOMMENDED FOR EARLY INSPECTION.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Location Details:
Situated in a parade, main road trading position, N. LINCOLN-SHIRE.
Trading Hours:
Sunday/Thursday incl. 5 p.m. - 11.30 p.m.
Friday & Saturday, 5 p.m. - 12.30 p.m.

We are ad
Accommodation:
THE ACCOMMODATION, in the form of a self contained FLAT OVER with full gas fired central heating, comprises:

3 bedrooms (2 doubles, 1 single).
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Kitchen.

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