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Well fitted LICENSED INDIAN RESTAURANT

Price:
Leasehold - £69,000
Turnover:
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Seller Ref:
R3010
Location:

Cambridgeshire

Business Type:

Food Service Businesses

See Other:
Indian restaurants for sale in Cambridgeshire
Fast food restaurants for sale in Cambridgeshire
Indian takeaways for sale in Cambridgeshire
Other takeaways for sale in Cambridgeshire
Restaurants for sale in Cambridgeshire
Food service businesses for sale in Cambridgeshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Established by the present owner as Indian cuisine in 2008, obviously the present cuisine could be continued and in our opinion there is potential for other types of cuisine if desired due to it's unopposed position.

ATTRACTIVE DOUBLE FRONTED RESTAURANT occupying a corner position with 2 side windows. The Restaurant is fully carpeted, wall and ceiling lighting. Tables and chairs providing seating for 70 persons (can be increased). BAR with 2 hand pumps, 2 double door glass fronted counter fridges.

LEVEL KITCHEN with non-slip floor, stainless steel extractor unit, Tandoori oven, 9-burner gas cooker, stainless steel tables, 1 large double door stainless steel fridge, 2 deep freezes, double sink and drainer, wash hand basin.

PREPARATION AREA with additional sink

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. urinal, wash hand basin

WE ARE INFORMED the turnover averages £4,000 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, the present lease having approximately 15 years unexpired at a rental of £21,800 p.a. exclusive of rates up to January, 2012, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,600 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Residential area, CAMBRIDGESHIRE
Trading Hours:
12 noon - 2 p.m. & 5 p.m. 11 p.m. seven days per week
Accommodation:
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms (4 doubles, 1 single)
Bathroom with bath, shower, w.c. and wash hand basin
Large Lounge
Separate Kitchen

Paved garden plus parking for 4 cars
Double garage (used for storage purposes)
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