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Detached RESTAURANT

Price:
Leasehold - £75,000
Turnover:
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Seller Ref:
R1809
Location:

Hampshire

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Hampshire
Other takeaways for sale in Hampshire
Restaurants for sale in Hampshire
Food service businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present Indian cuisine which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired. At present the Restaurant does not have a Restaurant Licence for the sale of wines, beers and spirits, however, we understand the vendor allows clients to bring their own alcohol into the Restaurant.

ATTRACTIVE DOUBLE FRONTED RESTAURANT. Ground floor with laminated strip floor. Tables and chairs providing seating for 30 persons. Bar, wine cooler, upright Coca Cola fridge.

Stairs to first floor, previously an additional restaurant area, however, we understand has now been converted into 2 bedroom living accommodation.

Ground floor level kitchen, industrial non-slip floor. Fully equipped including Tandoori oven, 6-burner gas cooker plus double burner, 1 upright double door stainless steel fridge, stainless steel tables, double sink plus additional single sink, wash hand basin etc.

First floor fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin.

Storeroom with 2 chest deep freezes

WE ARE INFORMED the turnover averages £4,500 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 22 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £500 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Main road trading position, HAMPSHIRE
Trading Hours:
Monday - Saturday inclusive - 12 noon - 2.15 p.m. & 5 p.m. - 11 p.m.
Sunday opening - 12 noon - 2
Accommodation:
Situated on the first floor are 2 bedrooms

Small yard area
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