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Other Searches: Restaurants For Sale > Middlesex > Restaurants For Sale in Middlesex > Agent

33 Advert ID 11960   Sellers Ref : R7950
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Superb newly fitted RESTAURANT For Sale

Businesses for sale from Nationwide Businesses Ltd
Business Summary:


* Location : Middlesex
* Turnover : £ 3,500 p.w.

* Leasehold Price : £ 110,000

Agent :  Nationwide Businesses Ltd


 

Description : Outstanding opportunity to acquire a superbly fitted RESTAURANT, all refurbished and newly fitted at considerable expense, opened in August, 2006. South Indian cuisine, in our opinion, the business offers tremendous potential for further development in the right hands.

The RESTAURANT including the Kitchen area is in the region of 1,000 sq. ft. with ceramic tiled floor, suspended ceiling, spotlighting, air conditioning. Quality tables and chairs providing seating for 35 persons.

Disabled/Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

Open plan kitchen with see through window to Restaurant area. The kitchen is well appointed including industrial tiled floor, stainless steel cladding to walls. The equipment includes 2 6-burner gas cookers, large gas hotplate, upright double door stainless steel fridge, 1 chest deep freeze, 1 small glass fronted fridge, 3 stainless steel tables, double sink and drainer, 2 wash hand basins etc.
   
Location : Situated in a parade, main road trading position, sought after commercial and residential area, MIDDLESEX
   
Trading Hours : 11 a.m. - 11 p.m. seven days per week
   
Staffing : The business is at present operated by one of the owner's relatives on a full time basis plus 4 full time chefs, 1 full time kitchen porter, 2 full time waiters. Wages paid in the region of £1,500 p.w. It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.
   
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £15,000 p.a. exclusive of rates up to 2008, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,000 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION


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Other Searches: Restaurants For Sale > Middlesex > Restaurants For Sale in Middlesex > Agent

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