Restaurant For Sale

Business description

Ground floor entrance to -

FIRST FLOOR RESTAURANT, fully carpeted, ceiling lighting. Tables and chairs providing seating for 70 persons.

Level kitchen with industrial non-slip floor. The equipment includes 2 4-burner gas cookers, 1 Tandoori oven, stainless steel tables, 1 microwave oven, 2 chest deep freezes, 1 upright deep freeze, walk-in coldroom, double sink and drainer, wash hand basin etc.

Dry Goods Store

Stairs to Second Floor providing additional Restaurant area, fully carpeted. Tables and chairs providing seating for 25 persons.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Store Room
Staff changing room with shower unit

Property information

Lease terms:

The premises are held on a lease for a period of 14 years from 2000, expiring in July, 2014 at a current rental of £28,500 p.a. exclusive of rates, with the next rent review in July, 2011.

Uniform Business Rates: £7,900 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

Staff accommodation situated on the third floor, comprises: 3 Rooms (1 large double, 1 additional double, 1 single) Bathroom with bath, w.c. and wash hand basin

Location:

Situated excellent trading position, OXFORDSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Due to the present proprietor's religion they operate the policy of bring your own wine. In our opinion the business offers tremendous potential with the introduction of the sale of wines, beers and spirits to clients' requesting same.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £135,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant

Trading hours:

12 noon - 2.30 p.m. & 6 p.m. - 12 midnight seven days per week

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller