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ATTRACTIVE DETACHED LICENSED RESTAURANT

Price:
Leasehold - £37,500
Turnover:
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Seller Ref:
R2987
Location:

Essex

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Essex
Indian restaurants for sale in Essex
Other takeaways for sale in Essex
Restaurants for sale in Essex
Indian takeaways for sale in Essex
Food service businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have A3/A5 use previously trading as a Coffee Shop and opened by the present owner as an Indian Restaurant approximately 3 months ago. In our opinion the Restaurant has terrific potential for further increase in the right hands especially as Chinese or Mexican cuisine..

Tarmaced Car Park for approximately 20 cars

RESTAURANT with woodstrip floor, 2 beams to ceiling, wall and ceiling lighting. Tables and chairs providing seating for 70 persons. BAR with 1 hand pump, 2 double door glass fronted counter fridges, sink, glasswasher.

SEPARATE ROOM with woodstrip floor. Tables and chairs providing seating for an additional 20 persons, ideal for private parties.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

WELL EQUIPPED FIRST FLOOR KITCHEN with non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, stainless steel tables, 2 stainless steel fridges, 1 chest deep freeze, double sink and drainer.

ADDITIONAL PREPARATION KITCHEN with double sink and drainer

WE ARE INFORMED the turnover currently averages £2,500 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 approximately 14½ years unexpired at a current rental of £18,200 p.a. plus VAT, exclusive of rates, with rent reviews every 3 years.

Uniform Business Rates: £3,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Sought after position, ESSEX
Trading Hours:
Sunday - Thursday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m.
Friday & Saturday - 12 no
Accommodation:
The SPACIOUS living accommodation comprises:

5 Bedrooms (2 doubles, 2 singles plus 1 large attic room)
Bathroom with bath, w.c. and wash hand basin

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