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Well-established situated in Lower Mill, Kidderminster, in Worcestershire. Kidderminster

Kidderminster, Worcestershire, England

  • Leasehold Price: £23,000
Seller Reference: Kidderminster_Indian_DY11
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Business Description
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Seller Reference: Kidderminster_Indian_DY11
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Business Description

LOCATION: The property is situated in Lower Mill, Kidderminster, in Worcestershire Kidderminster is a large twin and civil parish in the Wyre Forest district of Worcestershire. It is located approximately 17 miles south west of Birmingham City Centre and approximately 15 miles north of Worcester. There are two railway stations in the town within 15 minutes’ walk of the business.

RESTAURANT: Deceptively spacious restaurant with windows and glazed doors to either end creating a light, airy and inviting interior. Fitted out to the highest standard with much money having been spent by the current owner to ensure the business has a real upmarket feel. Wood effect quality flooring enhanced by tiled areas, LED spot and mood lighting, air conditioning, quality tables and chairs currently providing 104 covers, customer waiting area with tiled floor, comfy built in seating with glass coffee table, open dessert chiller.

BAR: Lovely bespoke bar area with brushed aluminium front and marble effect worktop, beer pump and card machine, double glass fronted drinks chiller, single glass fronted drinks chiller, feature mirrored splash backs and glass floating shelf, corner glass storage unit, stainless-steel sink and drainer with Monobloc tap, wall mounted TV, Ice machine.

KITCHEN: Comprehensively equipped catering kitchen presented to the highest standard and fastidiously maintained. Vinyl non slip flooring, fluorescent lighting, Garland ten burner range with ovens beneath, Imperial six burner range with oven beneath, two Tandoor ovens, twin basket commercial fryer, full extraction system with stainless steel canopy, central 3 compartment fridge with stainless-steel worktop, further stainless-steel preparation tables, double stainless-steel sink and drainer with spray tap, wall mounted utensil baskets, Russell Hobbs Microwave, white microwave, double stainless-steel cabinet, freestanding chrome effect shelving unit, perimeter shelving, 3 compartment fridge with 7 pot salad bar, stainless-steel hand wash basin with soap and paper towel dispenser

FREEZER/DRY GOODS ROOM: With a large and small chest freezer, upright stainless-steel fridge, perimeter shelving and floor storage space

USES: A3/A4/A5

PREMIUM: £59,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill

RENTAL: £23,000 per annum

TERMS: The property is available to let on a new lease on a full repairing and insuring basis for a term to be

agreed subject to periodic rent reviews

BUSINESS RATES: We are advised that business rates payable are approximately £1200 per annum (this figure to be confirmed).

SIZE: Approximately 2378 sq ft

OPENING HOURS: Monday to Thursday 5-11 - Friday to Saturday 5-12 & Sunday 4-10.30

STAFF: Owner managed by our client with the help of 6 full time and 2 part time members of staff.

TURNOVER: We are advised that the yearly turnover is approximately £300,000 per annum

ACCOUNTS: Available on viewing

LEGAL COST: To be confirmed

COVERS: 104 Covers

LOCAL AUTHORITY: Wyre Forest District Council

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 75- C Rating. C copy of this property’s energy performance certificate is available on request.

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity

and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

VIEWINGS: Through London Properties by appointment only.

Location Details:
Lower Mill, Kidderminster, Worcestershire, DY11 6UU
Listed by:
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