Price: £ 275,000

LOCATION:  The town is on the Piccadilly line with excellent transport connections, surrounded by 3 universities and many golf courses in a mainly residential area. Situation in the town centre on the high street opposite the outdoor shopping mall with its major multiples such as Cafe Nero, HMV, Halifax, HSBC, TK Maxx, Lidl, Nandos, etc

DESCRIPTION:  A single fronted restaurant with a bar section inside and 54 covers, ladies and gents wc’s, a large fully fitted kitchen to the rear with a cold room. The rear side door leads to the yard with 2 car spaces, a staff wc and a large stock room attached to the main building. There is huge scope to relocate the kitchen further back into the stock room and increase the restaurant are to accommodate 90/100 covers.

BUSINESS: In the same hands over 30 years run with 8 full time and 2 part time staff taking £8,500 pw @ 65%/70% g.p. Owners now plan to retire.

HOURS: 6 pm to 11 pm. Lunch only on Sundays.

EQUIPMENT:  Fully fitted for the trade including an Osbourne stainless steel double fridge, a coffee machine, 2 hot cabinets, a hot towel machine, a Sharp Industrial microwave, a hot food cabinet, a 12 burner cooker, 2 chest freezers, an uppright freezer, 4 stainless steel preparation tables, 1 large preparation table, tandoori oven, 1 under counter freezer, 1 fridge, assorted furniture, etc.

ACCOMODATION:  Separate self-contained 3 rooms to the rear with shower and wc wish is currently used by staff.

TENURE: Renewable lease with 9 years remaining on the current lease with 5 yearly rent reviews @ £30,000 pa.Rates: £6,500 pa.


NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES on 020 7935 3939

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