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SPACIOUS WELL FITTED LICENSED RESTAURANT

Price:
Leasehold - £55,000
Turnover:
Register to view
Seller Ref:
R2332
Location:

Gloucestershire

Business Type:

Food Service Businesses

See Other:
Indian restaurants for sale in Gloucestershire
Fast food restaurants for sale in Gloucestershire
Restaurants for sale in Gloucestershire
Other takeaways for sale in Gloucestershire
Indian takeaways for sale in Gloucestershire
Food service businesses for sale in Gloucestershire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have Full A3 & A5 use, established as Indian cuisine which could obviously be continued and in our opinion in view of the trading position there is potential for types of cuisine, if desired.

SPACIOUS RESTAURANT with quality laminated strip floor all newly fitted approximately 18 months ago. 1 air conditioning/heating unit. Attractive ceiling lighting. Tables and chairs providing seating for 64 persons plus reception area with 4 settess plus 3 coffee tables. Attractive bar with 3 hand pumps, sink, upright double door counter display fridge, shelving for glasses.

Fully tiled ladies' cloakroom with 2 w.c's, wash hand basin
Fully tiled disabled cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with 2 urinals, w.c. and wash hand basin

LEVEL COMMERCIAL KITCHEN with tiled floor, well equipped including stainless steel cladding to walls, stainless steel extractor unit, 9-burner gas cooker with 2 double ovens, Tandoori oven, large single burner unit, 2 microwave ovens, 1 small deep fryer, double sink and drainer, hotplate cabinet, upright stainless steel deep freeze, large chest deep freeze, walk-in coldroom.

Staff cloakroom

Level beer store

IN ADDITION INCLUDED IN THE SALE IS A SPACIOUS FIRST FLOOR LADIES'/GENTLEMEN'S HAIRDRESSING SALON with separate ground floor entrance. We understand that this is let on a renewable lease, the present lease having approximately 1 year unexpired and providing a rental income of £310 per month.

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

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 £24,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, close to town centre, GLOUCESTERSHIRE
Trading Hours:
Sunday - Thursday inclusive - 12 noon - 2 p.m. & 5.30 p.m. - 11.30 p.m.
Friday & Saturday - 12 no
Accommodation:
The accommodation comprises:

Ground floor entrance hall with stairs to first floor
Living Room 6.59m x 3.2m narrowing to 2.87m
Kitchen 2.68m x 2.48m
Bedroom (1) 4.27m x 2.93m
Bedroom (2) with built-in wardrobe
Bathroom 3.3m x 1.53m with bath, shower over bath, w.c. and wash hand basin

Yard at rear with parking space
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