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Gulshan Tandoori, Main Street, Stillington For Sale

York, North Yorkshire, UK
Freehold Price:
£350,000
Leasehold:
£49,500
Turnover:
Not applicable
Net Profit:
Not applicable

The Gulshan Tandoori (formerly the White Dog) in the North Yorkshire village of Stillington can be described in brief as follows:-

The property has been operated as an Indian Restaurant for around 20 years or so, winning many accolades in the intervening period.

However, the property could be used for a variety of other styles of restaurant, without any significant changes being made. Equally it would be possible to re-open the outlet as a conventional licensed premises, with a food offering.

For sale - £350,000 for the freehold, business goodwill, fixtures and fittings, plus stock at valuation

or would consider

sale of the business goodwill and fixtures and fittings - £49,500 and a new lease at £30,000 p.a. Plus stock at valuation

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

The property is being offered for sale on a freehold basis.
In the alternative the vendor would be prepared to sell the business, and grant a new Lease. This will be for a term of 10 years on full repairing and insuring terms, at a rent of £30,000 per annum, with a rent review at the end of the fifth year of the term.

Leasehold Rent:

£30,000 per annum

Living Accommodation:

Four bedrooms, dining room, sitting room, kitchen and bathroom.

Location:

From York take the road to Sutton-on-the-Forest, passing through that village, and onwards into Stillington. At the junction in Stillington village centre turn right, and the property is immediately on the left-hand side.

Premises Details:

The property is of single and two storey brick construction beneath pitched roof of tiled coverings. It has the benefit of a forecourt parking area, as well as vehicular access from the rear.

Business Operation

Years established:
The property has been operated as an Indian Restaurant for around 20 years or so.

Other Information

Related Documents:
Leasehold asking price:
£49,500

Contact Barry Crux & Company

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