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Business For Sale. Indian Restaurant With Accom In Essex

LISTING DETAILS
Firms For Sale ID:
34693
Vendor reference:
E7555FS
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£115,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Trading hours:
Mon – Sun 5.00 pm – midnight.

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
25 year renewable lease was granted from 1998 with 5 yearly rent reviews and the current rent is £18,000 per annum.
Living accommodation:
There is a self contained accommodation above arranged on 1st and 2nd floor level. On the 1st floor there is a kitchen, lounge and on the 2nd floor there are 3 bedrooms and bathroom/toilet. The flat is fully double glazed and has gas central heating.
BUSINESS DESCRIPTION
In a parade of shops on busy road, thickly populated residential area and close to stn. 1,000 sq ft (42 seats)+ 570 sq ft yard, tkg £4,000/£4,500 pw. 25 yrs renewable lse from Dec 98, 5 yrly reviews, rent £18,000 pa, rates £300 pa. 3-bed self contained flat on 1st & 2nd floor let @ £10,800 pa.