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Spacious LICENSED INDIAN RESTAURANT plus TAKEAWAY plus CAR WASH BUSINESS (r

Price:
Leasehold - £99,950
Turnover:
Register to view
Seller Ref:
R1437
Location:

South Yorkshire

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in South Yorkshire
Indian restaurants for sale in South Yorkshire
Restaurants for sale in South Yorkshire
Other takeaways for sale in South Yorkshire
Indian takeaways for sale in South Yorkshire
Food service businesses for sale in South Yorkshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED LICENSED RESTAURANT. Air conditioning/heating, wood strip floor, suspended ceiling with spotlighting. Tables and chairs providing seating for 70 people. Bar with 8 optics, 1 hand pump, electronic cash register.

Level kitchen with tiled floor. Stainless steel extractor canopy, Tandoori oven, 2 microwave ovens, charcoal grill with 3 burners, 8-burner gas cooker, deep freeze, ice cream deep freeze, double sink and drainer, 1 single sink plus drainer, wash hand basin, walk-in coldroom etc.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
In addition there is a fully tiled disabled cloakroom with w.c. and wash hand basin

We understand that a Car Wash business is operated during the day with the vendor receiving £325 p.w. rent for the use of the car park during the day in respect of the car wash business.

WE ARE INFORMED the turnover in respect of the Restaurant averages £5,000/£5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 66% approx.

We understand the premises are held on a secure renewable lease from the private landlord, the present lease having approximately 7½ years unexpired at a rental of £16,080 p.a. exclusive of rates for the next 1½ years, with rent review at that time and thereafter every 3 years. (As will be appreciated with the current rental income from the car wash in the region of £16,900 p.a. there is at present a profit rental of £820 p.a. exclusive of rates).

Uniform Business Rates: £6,734 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Location Details:
Situated in a parade, excellent main road trading position, residential, office and commercial area, SOUTH YORKSHIRE
Trading Hours:
Sunday - Thursday inclusive - 6 p.m. - 12.30 p.m.
Friday & Saturday - 6 p.m. - 2 a.m.
Accommodation:
Car parking for 16 cars.
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