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Spacious well fitted LICENSED RESTAURANT

Price:
Leasehold - £120,000
Turnover:
Register to view
Seller Ref:
R8515
Location:

Hampshire

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Hampshire
Restaurants for sale in Hampshire
Indian restaurants for sale in Hampshire
Indian takeaways for sale in Hampshire
Food service businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Established by the present owners approx. 4 years ago as Indian cuisine, which could obviously be continued, and in view of the excellent trading position, in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS DOUBLE FRONTED GROUND FLOOR RESTAURANT with tiled floor, partly carpeted, wall and ceiling lighting. Air conditioning. Tables and chairs providing seating for 36 persons. Bar with hand pump, upright glass fronted wine fridge etc.

Fully tiled ladies' and gentlemen's cloakrooms
Separate disabled cloakroom with w.c. and wash hand basin

Stairs to first floor additional RESTAURANT AREA with tables and chairs providing seating for 24 persons.

Level kitchen with non-slip floor. The equipment includes Tandoori oven, large gas cooker, hotplate, microwave oven, 2 deep freezes, 1 stainless steel fridge, double sink and drainer, wash hand basin etc.

WE ARE INFORMED the turnover averages £6,000 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 having approximately 20 years unexpired at a rental of £30,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,600 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent town centre position, HAMPSHIRE
Trading Hours:
12 noon - 2.30 p.m. and 6 p.m. - 11 p.m. seven days per week
Accommodation:
The accommodation with FULL GAS FIRED CENTRAL HEATING comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge

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