DETACHED INDIAN RESTAURANT, WOODFORD GREEN, ESSEX Reference No: E7611J
Price:
£ 165,000
Description
LOCATION: In a truly great affluent town on the borders of Essex, surrounded by enjoyable forests, lakes, country parks and open spaces, the restaurant is on a very busy high road within a 15 minute walk to the station. In an excellent position which would also suit multiples.
DESCRIPTION: By far the best deceptively spacious restaurant in the area, a detached 1,150 sq ft premises with a front forecourt providing additional outside seating. Inside, there is the bar with a waiting section followed by the main 50 cover restaurant and ladies and gents wc’s. To the rear is the large kitchen with a wash up section, a walk in cold room and staff wc. To the rear is the yard with a large stock room and side access for deliveries plus off street parking for 2 cars.
BUSINESS: In the same hands 30+ years, run by the owners with full time and part time staff. Taking £5,000 pw at 65% g,p. Owners now propose to retire.
EQUIPMENT: Fully equipped for the trade including a double glass front fridge, a 8 burner gas cooker and a 7 burner cooker, a tandoori oven, 2 hot cabinets, an industrial microwave, a walk in cold room, furniture, etc.
HOURS: Evenings only. 5 pm to midnight.
TENURE: A new negotiable renewable 20 year lease is available with 5 yearly reviews at an initial rent of £36,400 pa.
RATES: £3,600 pa. payable.
VIEWINGS/NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES on 020 7935 3939