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ATTRACTIVE LICENSED RESTAURANT.

Price:
Leasehold - £80,000
Turnover:
Register to view
Seller Ref:
R8762
Location:

East Sussex

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in East Sussex
Restaurants for sale in East Sussex
Indian restaurants for sale in East Sussex
Indian takeaways for sale in East Sussex
Food service businesses for sale in East Sussex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present operated as an Indian Restaurant for approx. 20 years, which could obviously be continued, or in our opinion, in view of the excellent trading position there is potential for other types of cuisine, if required.

ATTRACTIVE SINGLE FRONTED RESTAURANT with full gas fired central heating, fully carpeted, wall and ceiling lighting. Tables and chairs for 30 persons. Dispense bar.

Level kitchen with industrial non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, microwave oven, 4 fridges, 2 deep freezes etc.

Ladies & Gentlemen's cloakrooms each with w.c. and wash hand basin.

Basement - ideal for storage purposes.

WE ARE INFORMED the turnover during the winter months averages £1,700 p.w. increasing in the summer months to a maxium of £3,000 p.w.

We understand the premises are held on a 16 years lease from December, 2004 at a rental of £12,500 p.a. exclusive of rates up to December, 2008 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,100 p.a. approx. (after small business relief) + water rates.

RECOMMENDED FOR EARLY INSPECTION.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£2,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, not far from the seafront and close to the town centre, EAST SUSSEX.
Trading Hours:
Monday - Sunday - 6 p.m. - 11.30 p.m.
Accommodation:
The spacious living accommodation, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING comprises:

4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Additional Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Kitchen

Yard at rear.
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