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(REF: R3123)  Spacious Licensed Restaurant
 
Seller Reference: R3123
B4S Reference: 32050
Asking Price: £75,000
Net Profit: Undisclosed
Sales Revenue: £182,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: West Yorkshire, Yorkshire and the Humber, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : The Restaurant occupies a sought after trading position being situated opposite BBC Leeds and close to Leeds College of Music. The Restaurant specialises in Thai & Chinese cuisine with we understand Indian cuisine recently added.

TERRACED PROPERTY all refurbished and with Full Gas Fired Central Heating. GROUND FLOOR SPACIOUS RESTAURANT with woodstrip floor, ceiling and wall lighting. Tables and chairs providing seating for in excess of 100 persons. BAR with 4 hand pumps, glasswasher, 1 single glass fronted counter fridge, 2 double door glass fronted counter fridges etc.

Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin plus disabled cloakroom with w.c. and wash hand basin

LEVEL KITCHEN with non-slip floor. Newly fitted including 8-burner gas cooker with single oven, double deep fryer, stainless steel extractor system, 4 stainless steel tables, 4 fridges, 3 deep freezes.

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering terrific potential for further increase, especially with the introduction of lunch time opening.

We understand the premises are held on a secure renewable lease, the present lease having 10 years unexpired from November, 2011 at a rental of £26,000 p.a. exclusive of rates up to November, 2016, with rent to be agreed thereafter.

Uniform Business Rates: £4,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Yard with parking space for 3/4 cars
 
  Location: Situated in a terrace, excellent trading position, WEST YORKSHIRE
  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 evenings only - 5 p.m. - 11 p.m. seven days per week
(We understand it is the vendors intention to commence lunch time opering very shortly).
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 3 full time staff in the restaurant area plus 4 full time staff in the kitchen.





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