Nationwide brings to the market this SPACIOUS LICENSED RESTAURANT. Situated in a parade, busy road, City Centre, WEST MIDLANDS.
LARGE CAR PARK AT REAR (PAY & DISPLAY)
The Restaurant has been in the same hands for approximately 20 years and trades as Greek cuisine, which could obviously be continued, and in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
Full Gas Fired Central Heating 2 new boilers approximate 2 years ago.
SPACIOUS RESTAURANT recently redecorated inside with 4 windows, front area fully carpeted. Rear section ceramic tiled floor. Ceiling with inset lighting. Tables & chairs providing seating for 140 persons (can be increased to accommodate 165/175 persons). Stage (live music on Friday & Saturday). LONG BAR with wooden top, 2 hand pumps, glasswasher, ice maker, sink, 3 double door counter fridges, mirror-backed shelving, computerised cash register.
Fully tiled ladies' cloakroom with 4 w.c's, 3 wash hand basins
Fully tiled gentlemen's cloakroom with 2 w.c's, urinal, 2 wash hand basins
Disabled cloakroom with w.c. & wash hand basin
LEVEL COMMERCIAL KITCHEN with quarry tiled floor, tiled walls, stainless steel extractor, 10-burner gas cooker with 2 ovens, double door stainless steel upright fridge, single door upright fridge, small chest deep freeze, double sink & drainer, wash hand basin, 4 stainless steel tables, 1 domestic plus 1 commercial microwave oven, large charcoal grill, double deep fryer.
Large cellarTurnover :
WE ARE INFORMED the turnover currently averages £5,000/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
TO INCLUDE THE NEW SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £75,000 (R3548)
Is accommodation included?:
Available as an optional extra is a SELF CONTAINED APARTMENT over available on a shorthold tenancy at £65 p.w. The APARTMENT comprises:
1 Double Bedroom
Shower room with shower, w.c. & wash hand basin
Living Room with kitchen area