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Reference R2727

Indian Restaurant and Wine Bar in Crickhowell For Sale

Register to see map and to make an appointment Semi-detached property, excellent main road trading position, residential area, Gwent. CRICKHOWELL

Turnover 8,000
Price 95,000

Features

Long Established Quality Indian Restaurant and Bar

SUMMARY:

PRICE (LEASEHOLD) 95,000
TURNOVER will be disclosed on inspection


DESCRIPTION:

DOUBLE FRONTED, suspended ceiling with spot lights.

Bar with seating for 40 People.
Stairs to .....
Tables and chairs providing seating for 50 People..
2 x Toilet with w.c. and wash hand basin..
Toilet with w.c. and wash hand basin. (Staff).
Kitchen, Tandoori oven, stainless steel extractor unit, preparation table, 3 x fridge, freezer, 2 xmicrowave oven (commercial)

Turnover

We are advised by the vendor the business enjoyed a lucrative turnover which, we understand, the vendor is happy to discuss on inspection.

Staff

The business is at present operated by the vendor

10 full time staff employed.
2/3 part time staff employed.

Trading Hours

7 Day week (Monday - Sunday) 5pm - 11.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to ground floor accommodation:

1 Large bedsitting room.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 40 cars.

Tenure

The vendor owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE lease

New 21 years lease. (renewable under 1954 act)
Reviews every 3 years.
RENT 26,000 p.a.

THE VENDOR HAS ADVISED THAT:

BUSINESS RATES from APRIL 2011 payable: Nill (Please contact local council to confirm)
WATER RATES (METERED).

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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