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(REF: R3026)  Attractive Licensed Restaurant (Closed)
 
Seller Reference: R3026
B4S Reference: 30455
Asking Price: £16,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Gloucestershire, South West England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Listed Building.

We understand the Restaurant was closed in September, 2011 and it will be appreciated upon inspection that the Restaurant mainly needs re-equippping. We understand there is a Premises Licence for the sale of wines, beers and spirits.

Previously trading as English cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine if desired.

Full Gas Fired Central Heating

ATTRACTIVE SINGLE FRONTED RESTAURANT. Reception bar area with laminated strip floor. BAR. Entrance from bar area to SPACIOUS fully carpeted RESTAURANT area in our opinion having space for tables and chairs for approximately 40 persons. 3 chandeliers plus wall lighting. Fireplace with cast iron stone (for show purposes), additional fireplace (for show purposes), large mirror.

Ladies cloakroom with w.c. wash hand basin plus mirror
Gentlemens cloakroom with w.c. urinal, wash hand basin plus mirror

LARGE KITCHEN with non-slip floor. Stainless steel extractor plus stainless steel cladding to cooking area, 8-burner gas cooker with 2 ovens, double sink and drainer, wash hand basin

AS STATED we understand the restaurant close in September, 2011, however, in our opinion in view of the excellent main road trading position, there is terrific potential to establish a profitable restaurant in the right hands.

The landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE £16,000 subject to contract
LOAN POSSIBLE TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, main road trading position, close to town centre, GLOUCESTERSHIRE.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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