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(REF: R3085)  Licensed Restaurant
 
Seller Reference: R3085
B4S Reference: 32092
Asking Price: £50,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Northamptonshire, the East Midlands, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : At present Indian cuisine, however, it should be noted the Restaurant has been closed since March, 2011 and is currently being refurbished.

DOUBLE FRONTED RESTAURANT with part woodstrip floor plus part section being newly carpeted, wall and ceiling lighting. 3 air conditioning units. Tables and chairs providing seating for 55 persons. BAR.

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

LEVEL KITCHEN with non-slip floor. The equipment includes Tandoori oven, 10-burner gas cooker with 2 ovens, stainless steel tables, new stainless steel extractor unit, double sink and drainer etc.

AS STATED the Restaurant has been closed since March, 2011, however, in our opinion in view of the excellent trading position there is terrific potential for development in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a current rental of £16,000 p.a. exclusive of rates. We are further advised that a rent revision is due and we are further informed that the rent reviews are every 3 years.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £50,000 subject to contract.
LOAN POSSIBLE TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, town centre, NORTHAMPTON
  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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