SPACIOUS WELL FITTED LICENSED RESTAURANT
Price:
Freehold - £525,000
Location:
Gloucestershire
Business Type:
Food Service Businesses
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.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOLD PROPERTY COMBINED WITH WELL FITTED RESTAURANT, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR DEVELOPMENT IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPPRECIATED
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £525,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, close to town centre, GLOUCESTERSHIRE
Sunday - Thursday inclusive - 12 noon - 2 p.m. & 5.30 p.m. - 11.30 p.m.
Friday & Saturday - 12 no
The accommodation in the form of 2 SELF CONTAINED FLATS, comprise as follows:
Flat No. 1 utilized at present by staff comprises:
Entrance Hall with stairs to first flooor
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
Flat No. 2 at present let on a shorthold tenancy and providing a rental income of £450 per month, however, we understand that vacant possession can be given on completion, if required, comprises:
Entrance Hall with stairs to first floor
Living room 5.04m x 4.07m
Kitchen 3.52m x 1.88m
Bedroom (1) 4.09m x 2.94m
Bedroom (2) 3.75m x 2.2m
Bathroom with bath, shower over bath, w.c. and wash hand basin
Yard area providing parking space for 2 cars
North Yorkshire
£ 750,000
Gloucestershire
£ 650,000
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