| (REF: R3010) Well Fitted Licensed Indian Restaurant |
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| Seller Reference: |
R3010 |
| B4S Reference: |
31527 |
| Asking Price: |
£69,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
5 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Cambridgeshire, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : Established by the present owner as Indian cuisine in 2008, obviously the present cuisine could be continued and in our opinion there is potential for other types of cuisine if desired due to its unopposed position.
ATTRACTIVE DOUBLE FRONTED RESTAURANT occupying a corner position with 2 side windows. The Restaurant is fully carpeted, wall and ceiling lighting. Tables and chairs providing seating for 70 persons (can be increased). BAR with 2 hand pumps, 2 double door glass fronted counter fridges.
LEVEL KITCHEN with non-slip floor, stainless steel extractor unit, Tandoori oven, 9-burner gas cooker, stainless steel tables, 1 large double door stainless steel fridge, 2 deep freezes, double sink and drainer, wash hand basin.
PREPARATION AREA with additional sink
Ladies cloakroom with 2 w.cs, wash hand basin
Gentlemens cloakroom with w.c. urinal, wash hand basin
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £21,800 p.a. exclusive of rates up to January, 2012, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,600 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
5 Bedrooms (4 doubles, 1 single)
Bathroom with bath, shower, w.c. and wash hand basin
Large Lounge
Separate Kitchen
Paved garden plus parking for 4 cars
Double garage (used for storage purposes) |
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Location: |
Residential area, CAMBRIDGESHIRE |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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12 noon - 2 p.m. & 5 p.m. 11 p.m. seven days per week |
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The business is at present operated by the vendor with the assistance of 5 full time staff. |
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