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Spacious superbly fitted DETACHED LICENSED RESTAURANT/PUBLIC HOUSE
Price:
Leasehold - £175,000
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a superbly fitted quality Licensed Indian Restaurant situated in an excellent trading position and with the advantage of being approximately 10 minutes drive from a large Cinema complex and having the following hotels within a 2 mile radius: Holliday Inn, Premier Inn, Travel Lodge, Village Hotel. The Bar is tied to a brewery for a beers and minerals.
Large site probably in the region of ½ acre. Tarmaced car parking for 50/60 cars.
Ground floor all modernised and refurbished to a very high standard. Full Gas Fired Central Heating. The Restaurant area has air conditioning.
Entrance to SPACIOUS RESTAURANT with 2 open fireplaces, oak strip floor plus rear section carpeted. Ceiling with inset spotlighting. Tables and chairs providing seating for 80 persons (can be increased to accommodate 100 persons). Attractive bar with stainless steel front, solid oak top, futuristic colour light changing to rear wall with glass shelving, 1 hand pump plus 'T' bar, soft drinks dispenser, double door fridge.
Half tiled ladies' cloakroom with 3 w.c's, 2 wash hand basins
Half tiled gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin
Entrance to SPACIOUS LOUNGE BAR with Amtico non-slip floor. Attractive bar with stainless steel front, oak top, 'T' bar, 1 hand pump, soft drinks dispenser, double door glass fronted counter fridge, futuristic colour changing licence to wall behind bar. Tables and chairs providing seating for 30 persons plus ample standing for approx. an additonal 50 persons.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 2 urinals, w.c. and wash hand basin
Large commercial kitchen with non-slip floor. The equipment includes 12-burner gas cooker, Tandoori oven, stainless steel extractor unit, large gas burner, hot cupboard for plate and food warmer, stainless steel tables, double sink and drainer, wash hand basin, double door stainless steel fridge, 1 chest deep freeze, 1 small deep freeze.
WE ARE INFORMED the turnover averages £7,500 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, the present lease having approximately 17½ years unexpired at a rental of £35,000 p.a. exclusive of rates for the next 18 months, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £8,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED AND SPACIOUS LICENSED RESTAURANT IN THIS SOUGHT AFTER POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Excellent trading position, WEST MIDLANDS
The SPACIOUS living accommodation with separate FULL GAS FIRED CENTRAL HEATING, all in GOOD CONDITION and fully CARPETED, comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (new suite)
Large Lounge
Spacious Kitche/Dining Room
In addition to the main accommodation there is staff accommodation, comprising:
1 Double Bedroom
2 Single Bedrooms
Bathroom with bath, w.c. and wash hand basin
In addition on the first floor is a large front room, in our opinion having potential to develop as a function room, if desired.
Large front garden plus tarmaced car parking for 50/60 cars
UK Non-Specific
£ 160,000
UK Non-Specific
£ 800,000
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