Spacious LICENSED RESTAURANT
Price:
Leasehold - £200,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Old established Restaurant, Italian cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
The Restaurant has a tiled floor, ceiling with hanging lighting. Tables and chairs providing seating for 80 persons plus upholsted bench seating. 2 upright glass fronted display fridges (for cakes etc), 2 3-door glass fronted counter fridges, curved cool display serveover counter, wooden shelving for the display of wines, open stainless steel cool display unit (used for water and soft drinks.
Level kitchen with 2 stainless steel counter fridges, 2 6-burner gas cookers, 2-deck pizza oven, refrigerated making table, walk-in coldroom, upright stainless steel fridge, double sink and drainer etc.
In addition there is an adjoining area which in our opinion is ideal for the preparation and use takeaways, if desired.
Fully tiled ladies'/gentlemen's cloakrooms with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
the vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £50,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (The vendor is also quite happy to grant a shorter lease, if desired).
Uniform Business Rates: £8,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Excellent main road trading position, sought after residential and commercial area, on the MIDDLESEX/SURREY BORDERS
UK Non-Specific
£ 800,000
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