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Spacious LICENSED RESTAURANT.

Price:
Leasehold - £97,000
Turnover:
Register to view
Seller Ref:
R2719
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Other takeaways for sale in Middlesex
Fast food restaurants for sale in Middlesex
Indian restaurants for sale in Middlesex
Indian takeaways for sale in Middlesex
Restaurants for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : The Restaurant was established as Indian Cuisine approx. 30 years ago and this 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 including Chinese, Italian and Greek, if desired.


Impressive and spacious Restaurant with woodstrip floor, 3 air conditioning/heating units, tables and chairs providing seating for 70 persons.

Attractive Bar with 1 hand pump, 2 door glass-fronted counter fridge, upright glass fronted fridge.

Fully tiled Ladies' & Gentlemen's Cloakrooms, each w.c. and wash hand basin.

Level Kitchen with quarry tiled floor. Equipment includes 1 8-burner gas cooker, large gas hob, tandoori oven, stainless steel tables, double-door stainless steel fridge, ice cream deep freeze, etc.

Large Storeroom with 2 deep freezes, wine store.

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

WE ARE INFORMED the turnover averages £4,000 p.w. including takeaway and delivery, in our opinion offering tremendous potential for further development 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 £40,000 p.a. excl. of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform business rates: £10,000 p.a. approx.


As stated, the business has been in the same hands for the past 30 YEARS and is now solely offered for sale due to the vendor's retirement.


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

PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS, £97,000 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Location Details:
Situated in a parade, excellent main road trading position, MIDDLESEX.
Trading Hours:
Lunchtime, 12 noon - 2.30 p.m.
Evenings, Monday/Thursday incl. 6 p.m. - 11.30 p.m.
Friday & Sa
Accommodation:
The SELF CONTAINED accommodation, with full gas fired central hearing, is at present utilised by staff, comprises:

First floor:

Large front room.
Kitchen/bedroom.
Bathroom with bath, wash hand basin.
Separate w.c. and wash hand basin.

Second floor:

Large additional front room.
1 additional room.

Small yard.
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