Modern detached LICENSED RESTAURANT
Price:
Freehold - £300,000
Leasehold - £15,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : At present Nepalese cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
GROUND FLOOR ATTRACTIVE RESTAURANT with laminated strip floor, ceiling lighting. Tabels and chairs providing seating for 55 persons. Bar.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 2 w.c's, wash hand basin
First floor kitchen with dumb waiter to ground floor restaurant. The kitchen has a tiled floor and is well equipped including 8-burner gas cooker, deep fryer, tandoori oven, 1 commercial microwave oven, walk-in coldroom, chest deep freeze, stainless steel tables, double sink and drainer etc.
WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential to increase in the right hands. Gross profit 65% approx.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £10,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £9,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Sought after trading position, town centre of, WEST YORKSHIRE
The accommodation in the form of a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Small area to side of restaurant, could be developed into a patio area if desired.
Yard with parking space for 1 car
UK Non-Specific
£ 800,000
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