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(REF: R1023)  Spacious Licensed Restaurant.
 
Seller Reference: R1023
B4S Reference: 21007
Asking Price: £44,500
Net Profit: Undisclosed
Sales Revenue: £156,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Bedfordshire, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : At present Polish food, which could obviously be continued, however, in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

SPACIOUS SINGLE FRONTED RESTAURANT with woodstrip floor, wall and ceiling lighting. Tables and chairs providing seating for 80 persons. Large bar.

Level Kitchen with non-slip floor. Equipment includes 6-burner gas cooker, deep fryer, 4 fridges, 2 deep freezes, double sink and drainer, wash hand basin.

Fully tiled ladies & gentlemens cloakrooms.

Cellar.

At present let and providing a weekly rental income, however, we understand that the present tenants turnover is £3,000 - £4,000 per week and they are shortly moving and, in our opinion, the business has terrific potential in the right hands.

WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 17 years unexpired, at a rental of £15,000 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform business rates £5,000 p.a. approx.


RECOMMENDED FOR EARLY INSPECTION .`

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £44,500 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, excellent main road trading position, densely populated residential and commercial area, BEDFORDSHIRE.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  At present operated 7 days per week, 9 a.m. - 9 p.m.





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