*REDUCED* LOVELY INDIAN RESTAURANT PLUS 3 BED FLAT INCOME - WATFORD, HERTFO
Price:
Leasehold - £89,950
Location:
Hertfordshire , N W London, Watford
Business Type:
Commercial Property, Food Service Businesses
LOCATION: On a busy cut-through road in a residential area close to the town centre. Not far from Watford tube/train stations. Bus stops close by. There is little competition in the vicinity. Free on-street parking close by. DESCRIPTION: This immaculately presented Indian restaurant has been expensively refurbished recently throughout, including modern lighting, granite flooring and contemporary seating. Customer toilets to one side. There is a 150 sq ft storage basement and a 20 ft long yard at the rear. EQUIPMENT: The outside has modern signage and electric security shutters. There is a lovely welcoming 40ft x 28ft open plan seating area for 52 and a 200 sq ft kitchen area to the rear. The kitchen is newly equipped and includes a cooker, oven, steel prep tables, freezer, walk-in refrigerator, coffee machine (leased), digital till & sound system. BUSINESS: Takings are £3,500 per week with potential for more as it is recently opened and alcohol is currently not served. The family owners are supported by 3 FT and 1 PT staff. The staff earn approx £830 p.w. HOURS: 12pm – 2.30 pm then 5.30pm – 11pm (7 days) ACCOMM: There is a 3 bedroom flat above the restaurant with its own separate entrance which is currently let at £13,200 p.a. This includes an open plan lounge, 2 kitchens and 2 bathrooms. TENURE: Lease commenced in 10/2007 for a term of 15 years and the current rent is £21,000 per annum with reviews every 4 years. RATES: Business rates payable are approx £6,000 p.a. NEGOTIATIONS: Strictly through Abacus Business Sales on 020 8144 7999
UP TO 100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).
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LOCATION: On a busy cut-through road in a residential area close to the town centre. Not far from Watford tube/train stations. Bus stops close by. There is little competition in the vicinity. Free on-street parking close by.
TENURE: Lease commenced in 10/2007 for a term of 15 years and the current rent is £21,000 per annum with reviews every 4 years.
HOURS: 12pm – 2.30 pm then 5.30pm – 11pm (7 days)
ACCOMM: There is a 3 bedroom flat above the restaurant with its own separate entrance which is currently let at £13,200 p.a. This includes an open plan lounge, 2 kitchens and 2 bathrooms.
North Yorkshire
£ 750,000
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