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Reference R6518

Thai Restaurant in Worcester For Sale

Register to see map and to make an appointment Situated in a parade, close to City Centre, WORCESTERSHIRE WORCESTER

Turnover 3,000
Price 70,000

Features

Attractive well Established Licensed Thai Restaurant

Established as Thai cuisine for approximately 15 years, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

GROUND FLOOR RESTAURANT with woodstrip floor, ceiling lighting. Gas Fired Central Heating to the ground & first floor. Tables & chairs providing seating for 28 persons. BAR.

Stairs to FIRST FLOOR ADDITIONAL RESTAURANT AREA with woodstrip floor, ceiling lighting. Tables & chairs providing seating for 32 persons. SMALL BAR.

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

GROUND FLOOR LEVEL KITCHEN with non-slip floor, stainless steel cladding to walls, stainless steel extractor system, 5-burner Chinese cooker, 1 3-door stainless steel counter fridge, 1 additional stainless steel fridge, 2 upright deep freezers, small deep freezer, double sink & drainer, dishwasher etc.

Storeroom with 1 chest deep freezer, small deep freezer, 1 stainless steel fridge

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w. including takeaway & deliveries, in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff.

Trading Hours

CLOSED SUNDAY & MONDAY
Tuesday - Saturday inclusive - 6 p.m. - 11 p.m.
In our opinion there is potential for additional opening hours, if desired.

Accommodation

The accommodation situated on the second floor, comprises:

1 bedroom flat, currently split into 3 bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. & wash hand basin
Small area with washing machine & tumble dryer

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 23,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 35,000 (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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