Licensed Indian Restaurant in Newcastle Upon Tyne, Tyne and Wear

  • Price: £39,000
  • Weekly Turnover: £3,000
Newcastle upon Tyne, Tyne and Wear, England
Seller Ref:NB-R1161
For Sale

Licensed Indian Restaurant in Newcastle Upon Tyne, Tyne and Wear

Newcastle upon Tyne, Tyne and Wear, England
Seller Ref:NB-R1161
  • Price: £39,000
  • Weekly Turnover: £3,000

Overview

Seller Ref: NB-R1161

Description

Nationwide brings to the market this LICENSED SRI LANKAN & SOUTH INDIAN RESTAURANT. Detached property, busy road, residential area, TYNE & WEAR.

CUSTOMERS’ PARKING FOR 25 CARS TO SIDE OF RESTAURANT FROM 5 P.M.

6 DAYS OPENING

DOUBLE FRONTED PREMISES. Wooden floor, suspended ceiling with spot & wall lights. Tables and chairs seating 70 (could be increased to 100). Bar, Epos till, double door fridge for beers, wines and soft drinks, glass and cutlery washer, single sink, additional storage

Ladies’ cloakroom with 2 toilets, sink and mirror

Genlemen’ss cloakroom with 2 toilets, sink and mirror

Door to KITCHEN. Tiled floor, tube lighting. Stainless steel extractor. 11 burner gas hob with oven, electric double deck pizza oven , grill, warm cupboard, 2 chest freezers, ice cream freezer, 2 double door fridges, preparation fridge, dough mixer, dishwasher, double sink and drainer

Walk-in cold room

Store rooms

Stairs to basement used for storage

Turnover : WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a gross profit of 65% approx. (50% deliveries)

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 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 : £39,000 (R1161)

www.NationwideBusinesses.co.uk

Is accommodation included:
Yes
Accommodation details:
THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to FLAT above, comprising:

4 bedrooms (2 doubles 2 singles)
Fitted kitchen
Living room
Box room
Bathroom - bath with shower above, toilet and sinkParking for 3 cars.
Is stock included:
NA

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