Previously trading as a Freehouse and now operated as a Licensed Indian Restaurant.
Car Park front & rear for approximately 18 cars
GROUND FLOOR entrance to SPACIOUS RESTAURANT with woodstrip floor plus restaurant partly tiled, wall & ceiling lighting. Tables and chairs providing seating for 89 persons. BAR with 3 hand pumps, 3 counter fridges.
LEVEL KITCHEN with 2 entrances. The equipment includes Tandoori oven, 10-burner gas cooker, 1 microwave oven, double sink and drainer, walk-in coldroom, deep freeze etc.
Fully tiled ladies' cloakroom with 2 w.c's, 2 wash hand basins
Fully tiled gentlemen's cloakroom with w.c. 3 urinals, wash hand basin.
Turnover : £5,000/£5,500 p.w. in our opinion offering further potential to increase in the right hands.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £480,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
12 noon - 2.30 p.m. & 5.30 p.m. - 11 p.m. seven days per week
Number of Employees:
The business is at present operated by the vendor on a part time basis with 8 full time and 2 part time staff.
Tenure: Freehold, Leasehold
Number of bedrooms: 6
The SPACIOUS living accommodation comprises:
6 Double Bedrooms
2 Shower rooms each with shower, w.c. and wash hand basin
2 Additional Bathrooms with bath, w.c. and wash hand basin
Large Living Room/Kitchen
It should be noted that 3 of the rooms are at persent let on shorthold tenancies and provide a rental income of £100 p.w. each, however, we understand that vacant possession can be given on completion, if required.Car parking for approximately 18 cars
Location Details: Sought after position, near COLCHESTER, ESSEX
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