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Detached LICENSED RESTAURANT

Price:
Leasehold - £95,000
Turnover:
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Seller Ref:
R2042
Location:

Nottinghamshire

Business Type:

Food Service Businesses

See Other:
Indian restaurants for sale in Nottinghamshire
Restaurants for sale in Nottinghamshire
Indian takeaways for sale in Nottinghamshire
Food service businesses for sale in Nottinghamshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Established as Indian cuisine approx. 2½ years ago, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT with bar area having woodstrip floor. Bar with 2 hand pumps, 2 glass fronted counter fridges, glasswasher, sink.

SPACIOUS RESTAURANT AREA, fully carpeted, air conditioning, wall lighting.

Ladies' cloakroom with 2 w.c's, wash hand basin
Disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with 2 w.c's, wash hand basin

Large level kitchen with non-slip tiled floor. The equipment includes stainless steel extractor, Tandoori oven, 12-burner gas cooker, deep fryer, 1 stainless steel fridge, 2 chest deep freezes, double sink and drainer etc.

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinon offering further potential to increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 21 years unexpired at a rental of £35,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Excellent main road trading position, NOTTINGHAMSHIRE
Trading Hours:
5 p.m. - 11 p.m. seven days per week
Accommodation:
The accommodation comprises:

3 Bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. and wash hand basin

Tarmaced car park for approx. 40 cars
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