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FULLY LICENSED PUBLIC HOUSE / WINE BAR / RESTAURANT / DISCO NIGHT SPOT (FUL

Price:
Leasehold - £75,000
Turnover:
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Seller Ref:
DT.4967
Location:

Berkshire, Reading

Business Type:

Food Service Businesses, Pubs

See Other:
Restaurants for sale in Berkshire
Bars for sale in Berkshire
Nightclubs for sale in Berkshire
Pubs for sale in Berkshire
Wine bars for sale in Berkshire
Food service businesses for sale in Berkshire
Pubs for sale in Berkshire
Description:
THE BUSINESS:
The Detached Corner Premises have recently been the subject of major refurbishment and are fronted by a paved terrace with tables and umbrellas comprise:-

Ground Floor:- A Well Arranged Single Bar (approx. 1,700sq.ft. with central bar servery, thirteen tables, seating for forty plus, lounge seating area with settees and easy chairs, disco area with disco booth equipped with sound, lighting, fog machine, etc.). Ladies & Gents Cloakrooms.

First Floor:- Fully Equipped Kitchen. Main Services Installed.

We are advised that Turnover is currently around £360,000 per annum with Gross Profit circa 55% (estimated 65% wet - 35% food). Books will be available for inspection.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils, trade furniture
& equipment, etc. £75,000 STOCK EXTRA AT VALUATION
Location Details:
Occupying a prominent corner position on a busy road just a few minutes walk from the Town Centre of the Berkshire Thameside Town of Reading.
Lease Terms:
The premises are held on lease from Admiral Taverns for a term of 25 years at a current rent of £25,000 per annum exclusive of rates and subject to 5 yearly reviews.
Trading Hours:
Mon-Thurs 12noon to 11pm. Fri-Sat 11am to 2.30am. Sun 11am to 10.30pm.
Accommodation:
Staff Accommodation (four rooms, bathroom, toilet, roof patio).
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