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Attractive LICENSED INDIAN RESTAURANT

Price:
Leasehold - £90,000
Turnover:
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Seller Ref:
R9898
Location:

Hertfordshire

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Hertfordshire
Indian restaurants for sale in Hertfordshire
Fast food restaurants for sale in Hertfordshire
Indian takeaways for sale in Hertfordshire
Food service businesses for sale in Hertfordshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : FULLY AIR CONDITIONED

SPACIOUS DOUBLE FRONTED RESTAURANT with tiled floor, ceiling lighting. Tables and chairs providing seating for 60 persons. Bar.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Level kitchen with non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, 3 fridges, 1 deep freeze, 1 upright deep freeze, double sink and drainer, wash hand basin etc.

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

We understand the premises are held on a secure renewable lease having approximately 17 years unexpired at a rental of £19,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

THIS OLD ESTABLISHED RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE APPROXIMATELY 18 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellen main road trading position, HERTFORDSHIRE
Trading Hours:
Evenings only - 6 p.m. - 11.30 p.m. seven days per week
It will be appreciated upon inspection th
Accommodation:
Small yard
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