Spacious superbly fitted Detached LICENSED RESTAURANT
Price:
Leasehold - £145,000
Location:
Wales, South Wales
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a spacious Licenced Restaurant previously a church and we understand has been utilized in the past as a cinema.
Imposing Grade II listed building
At present operated as Indian cuisine, which could obviously be continued, however, in our opinion there is potential for other types of cuisine, if desired.
Full On Licence
Full Gas Fired Central Heating
We understand the total area is in the region of 7,000 sq. ft.
Entrance to SPACIOUS GROUND FLOOR with woodstrip floor plus partly carpeted. Air conditioned. Tables and chairs providing seating for 50/60 persons. Attractive bar with 2 'T' bar hand pumps, 1 double door glass fronted counter fridge.
Ladies' cloakroom with 4 w.c's, 4 wash hand basins
Disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with 2 w.c's, 4 urinals, 3 wash hand basins
ATTRACTIVE OPEN PLAN STAIRCASE TO SPACIOUS FIRST FLOOR RESTAURANT probably in the region of 2,500/3,000 sq. ft. fully carpeted, wall and ceiling lighting. Tables and chairs providing seating for an additional 150 persons (could be increased). Attractive long bar with 2 'T' bar hand pumps, 2 double door glass fronted fridges.
From the ground floor there is access to the lower ground floor area providing an additional spacious seating area probably in the region of 2,000 sq. ft. Parquet flooring. Tables and chairs providing seating for 60 persons. Large bar with 3 hand pumps, 2 glass fronted double door counter fridges.
Ladies' & Gentlemen's cloakrooms
The lower ground floor is ideal for functions and private parties
GROUND FLOOR LARGE COMMERCIAL KITCHEN with dumb waiter to first floor, quarry tiled floor. Mainly stainless steel equipment. The equipment includes 2 Tandoori ovens, 1 10-burner gas cooker, 1 8-burner gas cooker, stainless steel tables, 2 stainless steel fridges, double sink and drainer etc.
WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
The vendors own the freehold and subject to satisfactory references are prepared to grant a new 30 years full repairing and insuring lease at a rental of £50,000 p.a. exclusive of rates for the first 3 years, increasing after the first 3 years to £65,000 p.a. exclusive of rates for the following 3 years with upward only rent review at that time and thereafter every 3 years. (Please note the vendor's are prepared to grant a shorter lease, if desired).
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Excellent trading position, SOUTH WALES
12 noon - 2 p.m. & 6 p.m. - 12 midnight seven days per week
Spacious patio area probably in the region of 1,500 sq. ft. with tables and bench seating for up to 50 persons.
North Yorkshire
£ 750,000
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