ATTRACTIVE LICENSED INDIAN RESTAURANT
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED RESTAURANT with woodstrip floor, wall and ceiling lighting. Air conditioning. Tables and chairs providing seating for 50 persons. BAR with 1 hand pump, sink, double door glass fronted counter fridge.
Fully tiled ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with urinal, w.c. and wash hand basin
LEVEL KITCHEN with tiled floor. The equipment includes Tandoori oven, 6-burner gas cooker, 2 microwave ovens, 3 fridges, 2 deep freezes etc.
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60% approx.
We understand the entire premises are held on a secure renewable lease, the present lease having approximately 23 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
OFFERS TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, residential area, HAMPSHIRE
Tuesday - Sunday inclusive 6 p.m. - 11 p.m.
NO MONDAY TRADING
The accommodation in the form of a 2 SELF CONTAINED FLATS over, both of which are let on a shorthold tenancy and provide a rental income of £10,000 p.a, however, we understand that vacant possession can be given on completion, if required. Each flat comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Kitchen
Yard at rear and 2 garages
North Yorkshire
£ 750,000
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