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Exceptional Indian Restaurant South Birmingham

Price:
Leasehold - £69,500
Turnover:
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Seller Ref:
1529JMH
Location:

Worcestershire

Business Type:

Food Service Businesses

See Other:
Indian restaurants for sale in Worcestershire
Food service businesses for sale in Worcestershire
Description:
THE BUSINESS:
The Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this exceptionally well fitted out Indian restaurant, which has only been made available due to a change in the personal circumstances of our clients.

Fully licensed A3 Restaurant, with A5 Takeaway planning consent, currently offering authentic Indian cuisine to a discerning and growing clientele, but could easily suit Italian, Chinese, Thai etc.
Location Details:
Well located South of Birmingham in north Worcestershire, within a large mixed residential community.
Lease Terms:
Leasehold - a fully renewable 15-year lease, which commenced in 2009, is place for any purchaser, at a rental of £25,000, plus VAT, per annum. However, there is an agreement with the landlord, that half rent is paid till September 2012. Rent reviews are every 5-years.

We understand that there is a service charge payable, which is only thought to be in the region of £600 per annum.
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