Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a well fitted Licensed Restaurance in the centre of the Cotswolds. South Indian cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.
IMPRESSIVE RESTAURANT with laminated strip floor, wall and ceiling lighting. Tables and chairs providing seating for 100 persons. Bar with 2 hand pumps, 2 upright counter fridges, glasswasher, sink, upright glass fronted wine fridge.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin
Rear catering kitchen with non-slip floor. The equipment includes 2-Tandoori ovens, 1 6-burner gas cooker, 1 f-burner gas cooker, stainless steel counter fridge, walk-in coldroom, walk-in deep freeze, stainless steel tables, 2 hot cupboards, 2 microwave ovens, double sink and drainer.
WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease for a period of 20 years from 14th September, 2001 at a rental of £38,500 p.a. exclusive of rates up to the 1st December, 2011, with rent review at that time and thereafter every 5 years. In addition we understand there is a service charge of £2,000 p.a.
Uniform Business Rates: £7,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT