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Spacious well established LICENSED RESTAURANT. To the front of the parad

Price:
Leasehold - £40,000
Turnover:
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Seller Ref:
R1863
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Indian restaurants for sale in Middlesex
Restaurants for sale in Middlesex
Indian takeaways for sale in Middlesex
Other takeaways for sale in Middlesex
Fast food restaurants for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Established as Indian cuisine approx. 12 years ago, which could obviously be continued and, in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Spacious single fronted split level Restaurant, fully carpeted. Ceiling with spotlighting, 5 air conditioning units. Front area with settees plus tables and chairs and 4 high chairs providing seating for 50/60 persons. Bar with 2 T-bar handpumps, each with 4 pumps, computerised till, mirror-backed shelving, dishwasher, sink.

Rear Restaurant Section, fully carpeted, with tables and chairs providing seating for approx. 60 persons.

Ladies' Cloakroom with w.c. and wash hand basin.
Gentlemen's Cloakroom with urinal, w.c. and wash hand basin.

Catering Kitchen with quarry tiled floor. Equipment includes 2 6-burner gas cookers, each with oven, tandoori oven, stainless steel cladding to walls, stainless steel extractor unit, stainless steel table, double sink and drainer.

Stairs to Storeroom with 3 stainless steel upright fridges, upright deep freeze, glass-topped chest deep freeze, etc.

Staff Cloakroom with w.c. and wash hand basin.

WE ARE INFORMED the turnover averages £3,000 p.w. including takeaway & delivery. In our opinion the business offers tremendous potential for further increase in the right hands.

WE UNDERSTAND the premises are held on a secure renewable lease from a private landlord, the present lease having approx. 18 years unexpired, at a rental of £20,000 p.a. excl. of rates for the next 3 years and then every 5 years thereafter.

Uniform business rates: £6,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS,
£40,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Location Details:
Situated in a parade, excellent main road trading position, MIDDLESEX.
Accommodation:
Rear decked area providing an ideal smoking area for customers. In addition, there is car parking for 2 cars.
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