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Spacious single fronted LICENSED RESTAURANT

Price:
Leasehold - £55,000
Turnover:
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Seller Ref:
R9232
Location:

Gloucestershire

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Gloucestershire
Fast food restaurants for sale in Gloucestershire
Food service businesses for sale in Gloucestershire
Description:
THE BUSINESS:
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
Location Details:
Situated in a parade, excellent main road trading position, close to town centre, GLOUCESTERSHIRE
Trading Hours:
11 a.m. - 3 p.m. & 5.30 p.m. - 11 p.m. (last orders) seven days per week
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