Spacious single fronted LICENSED RESTAURANT
Price:
Leasehold - £55,000
Location:
Gloucestershire
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a spacious Licensed Restaurant in this sought after Cotswolds locality. At present Turkish and Mediterranean cuisine, which could obviously be continued and in our opinion in view of the excellent trading position, there is potential for further types of cuisine, if desired.
SINGLE FRONTED RESTAURANT with woodstrip floor. Tables and chairs providing seating for 55/60 persons. 4 hanging ceiling lights, fireplace. Dispense Bar.
Large level ktichen at rear with tiled floor. The equipment includes stainless steel extractor, 6-burner gas cooker, charcoal grill, stone based pizza oven, stainless steel tables, double door stainless steel fridge, 2 glass fronted wine fridges, large glass topped chest deep freeze.
Rear wash-up area with 2 sinks and drainers, dishwasher etc.
Stairs to basement area
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Additional room plus shower room
WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is also tremendous potential for hot food takeaway and deliveries.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,600 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, close to town centre, GLOUCESTERSHIRE
11 a.m. - 3 p.m. & 5.30 p.m. - 11 p.m. (last orders) seven days per week
North Yorkshire
£ 750,000
Gloucestershire
£ 650,000
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